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Zim government hikes duty on fabrics

FABRIC prices have spiked after government increased import duty on polyester in a bid to protect local industries, The Financial Gazette has learnt. Depending on the composition and type of fabric, the customs duty was increased to range between 10 percent and 30 percent, plus US$2.50/Kg. Taungana Ndoro, Zimbabwe Revenue Authority spokesman said: “…the duty […]

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