Extending 10-year-old car imports after “the ban” is all about the money

Valentine Muhamba Avatar
second hand vehicles 10 years license, second hand car ban ZIMRA

So… yesterday the Ministry of Commerce and the Zimbabwe Revenue Authority (ZIMRA) released a joint statement that extended the grace period for the ban on imports of second-hand cars that are 10 years or older till June 30th 2021. Now, this isn’t too surprising because the reasons for the ban didn’t make a lick of sense.

Here’s a quick one about how this move by ZIMRA and the Ministry of Industry and Commerce is all about the money and nothing else. And if things don’t get better in terms of cash flow for ZIMRA and the govt, we might see the ban on second-hand cars 10 years or older being lifted sometime in the future.

You can play or download the podcast with the link below (File Size: 5.75MB).

NB: Techzim is now zero-rated for text-based content. However, for embedded videos and media like podcasts, you will need to have data.

You should also check out

SI 127 has been the talk of the town and for good reason. The Statutory Instrument is going to increase prices in ZWL$ particularly because everyone will be juxtaposing the “official rate” with the parallel market rate.

SI 127 is going to increase ZWL$ prices & encourage black market conversions

Jabu’s Homecoming is now Zim’s first WhatsApp exclusive drama series. We got a chance to talk to the production’s PR Manager to hear all about what we are in store for.

Zim’s first WhatsApp exclusive drama is going to be like a family Group Chat

Zimswitch has become the focal point of the national payments system even more after it assumed the role as the nation switch. But why is company prioritising USD payments over local currency payments in this era of e-commerce?

Zimswitch needs to strike a balance between ZWL & USD e-commerce

Recommended reading on the matter:


What’s your take?

Your email address will not be published.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.

2023 © Techzim All rights reserved. Hosted By Cloud Unboxed