Powerspeed managing director Hilton Macklin By Nyasha Chingono ELECTRICAL retailer, Powerspeed, is lobbying for the reversal of Statutory Instrument (SI) 122 that requires licences for the importation of cable, saying it had adversely affected supply of the product on the local market. Revenue accruing from cable sales took a dip in the five months to February 2017 due to the statutory instrument. “The issuing of SI 122 last year placed cable on import licensing. Subsequent to its introduction, we had been struggling to get an import licence for cable,” said Powerspeed managing director Hilton Macklin. The legislation, introduced at the request of Cafca, Zimbabwe’s largest cable manufacturer, has drastically reduced the supply on the market. Macklin…