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
Global economy loses $6b annually to counterfeit mobile phones
While the global economy loses about $6 billion annually to the menace of...
Liquor haul at Bihar border
STATE DIGEST: Protest against changes in labour laws and farm bill; zero...
Poll on mind, Cabinet set to ratify sops
The Cabinet meeting scheduled for Monday seems to have a definite agenda. With...
2 businessmen held over bid to smuggle e-cigarettes, drones, toy latex balloons
According to the sources, the officials from SIIB received an information that...