Grain millers urge govt to scrap rice tax PDF Print E-mail
Saturday, 07 January 2017 20:44

Grain millers have called on government to reconsider the 15 percent tax it imposed on imported rice saying the move will affect consumers as retailers will pass on the burden to customers as prices of the commodity are likely to surge.

Grain Millers Association chairman Mr Tafadzwa Musarara has appealed to government to reconsider its move until such a time when the country has enough reserves to feed its people.

Acting President Cde Emmerson Mnangagwa said he will engage the Minister of Finance and Economic Development and come up with a reasonable response to address the millers concerns.

The government is making a deliberate effort to create a conducive economic environment as it seeks to attract foreign direct investment in the country in a bid to turnaround the country’s economic fortunes.

On the 8th of December 2016, Finance Minister Cde Patrick Chinamasa presented a US$4.1 billion budget in which he announced a 15 percent tax on rice, a move likely to trigger the increase in price of the commodity on the local market.

The government’s move was effected on the first of this month.

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