Connect with us

Hi, what are you looking for?

LOCAL NEWS

Government Bolsters Control Over Used Car Imports, What It Means for Buyers?

Imports of second-hand cars that are more than 10 years old from the date of manufacture are now totally banned and those bringing any will now be compelled to send them to the country of purchase at their own expense.

Statutory Instrument 54 of 2024 cited as Control of Goods (Import and Export) (Commerce) (Amendment) Regulations, 2024 (No. 10) gazetted by Industry and Commerce Minister Mangaliso Ndlovu yesterday, deletes the old 2021 need for an import licence for older cars and replaces it with a pure ban plus a re-export requirement.

“Second-hand vehicles aged 10 years and above from the date of manufacture shall not be imported. Any second-hand vehicle prohibited under this subsection shall be re-exported by the owner of the said vehicle at his or her expense,” read the SI.

The previous and now repealed section said people were required to obtain an import licence from the Ministry of Industry and Commerce to import vehicles that were 10 years or older.

Imports of commercial vehicles, tractors, haulage trucks, earth- moving equipment and other specialised vehicles used in mining and construction sectors remain exempted from the ban.

Advertisement. Scroll to continue reading.

In his 2020-2021 budget statement, Finance, Economic Development and Investment Promotion Minister Mthuli Ncube said the ban on old second-hand cars was meant to contain the import bill and promote the domestic motor industry.

Prof Ncube noted that Zimbabweans had spent about US$1,3 billion on the imports of buses, light commercial, and passenger motor vehicles from 2015 to September 2020.

“This is despite the existence of capacity by the local motor industry to assemble the above-mentioned range of motor vehicles,” he said then.

ALSO READ: Wicknell Chivayo Surprises Zanu PF Dancer with Generous Gift

“Furthermore, due to lack of effective standards and regulation, unroadworthy vehicles, which, in some instances fail to meet environmental and safety standards, find their way onto the market. In line with the National Development Strategy 1, which underscores value addition, I propose to remove second-hand motor vehicles aged 10 years and above, from the date of manufacture at the time of import, from the open general Iimport licence.”

Advertisement. Scroll to continue reading.

That meant each imported vehicle needed a special import licence.

Zimbabweans mostly import second-hand vehicles from Japan, the United Kingdom and South Africa.

For comments, Feedback and Opinions do get in touch with our editor on WhatsApp: +27 82 836 5828

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Catch More Updates Below

BUSINESS NEWS

The Zimbabwean government is working to enhance loan accessibility for women through the Zimbabwe Women’s Microfinance Bank (ZWMB) by introducing loan guarantees. This is...

LOCAL NEWS

The government has announced that it will impose strict penalties on businesses engaging in unfair practices such as profiteering, manipulating the ZiG currency, and...

LOCAL NEWS

The government may close the bank accounts of 51 suppliers who have been blacklisted for engaging in illegal foreign currency dealings, with the National...

LOCAL NEWS

Harare, Zimbabwe | The Zimbabwean government has issued a stern warning to opposition groups and certain civil society organisations (CSOs), accusing them of attempting...

Education

Chinese Government Scholarship 2024 CSC Scholarship 2024-2025 is a fully funded scholarship for international students. This scholarship is available for undergraduate, masters and PhD...

Education

USA Government Professional Development Program Deadline: Before 1 October (annual) Study in: USA Program starts: April-September 2024 Overview: The Humphrey Fellowship Program offers experienced...

LOCAL NEWS

ZiMetro has learned that the Zimbabwean government has instructed Starlink to cease its services in the country. Users of the satellite internet service provider...

LOCAL NEWS

Government Bans Schools from Conducting Holiday Lessons In a recent development, the Zimbabwean government has issued a directive forbidding schools from conducting holiday classes....

Advertisement