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.
http://allafrica.com/stories/201410291176.html
Related Posts
Counterfeiters, hackers cost US up to $600 billion a year.
WASHINGTON: Counterfeit goods, software piracy and the theft of trade secrets...
Mumbai: Four arrested with counterfeit branded watches worth over Rs 16 lakh
MUMBAI: The Economic Offences Wing (EOW) of Mumbai Police on Sunday arrested four...
VN sizes up massive smuggling caseload
Vietnamese authorities discovered and solved hundreds of thousands cases of...
Mumbai: DRI recovers smuggled cigarettes worth Rs 3.24 crore.
MUMBAI: The Directorate of Revenue Intelligence (DRI) recovered 18,00,000 sticks...