Zimbabwe: Battery Firms Target 90 Percent Capacity

Battery manufacturers are targeting a manufacturing capacity of up to 90 percent by mid next year but lament the effect smuggled products are having on the sector’s performance.

A number of companies have raised the red flag over the continued smuggling of products which include clothes, cooking oil, batteries and tyres into the country.

Local manufacturers bear the brunt of high input costs and face huge costs of capital at a time when the market is flooded by the cheap illegal imports.

 

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