Zim Launches New Trade Tariff Policy

Zimbabwe unveiled a National Trade Tariff Policy (NTTP) to make import duties transparent and predictable. The policy lowers tariffs on raw materials and raises them on finished goods to encourage local value addition. It also proposes a standalone Tariff Act, five-year reviews, and tariff handbooks for clarity. Officials said the NTTP aligns with Vision 2030, WTO, and AfCFTA commitments, aiming to boost competitiveness, attract investment, and support industrialization.