Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs

Zimra mulls plan to renew motor industry within 6 months, says Pasi

byCustoms Today Report
17/09/2015
in International Customs, Zimbabwe
Share on FacebookShare on Twitter

HARARE: The Zimbabwe Revenue Authority (Zimra) has the capacity to revive the country’s ailing motor industry within six months under its proposed industry resuscitation plan, commissioner Gershem Pasi said on Wednesday.

Pasi said the plan, which is still under discussion, would take a year to turn the motor industry into a profit making sector and is part of Zimra’s initiative to revive economically strategic industries.

You might also like

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

07/03/2026

Shippers see temporary lull in exports

05/02/2020

“We can revive, and I can assure you within six months, one (company) so that by the end of a 12-month period it’s a functional (sector) turning back into profitability,” he said after touring Quest’s assembly plant in Mutare. Zimbabwe’s automotive sector comprises four motor vehicle assemblers—Willowvale Mazda Motor Industries, Quest Motors, Deven Engineering and AVM Africa Limited.

There is also a cluster of companies that have developed international franchise arrangements with global brands such as Toyota, Mercedes Benz, Nissan, Volkswagen, Chevrolet, Ford, Isuzu, Audi, Mitsubishi, Audi and Volvo.

Pasi said the plan could involve making statutory arms of government such as the Air Force of Zimbabwe, Zimbabwe Defence Forces (ZDF), Zimbabwe Republic Police (ZRP) and parastatals buy only from local assemblers. “When we look at the motor industry, to revive it we are looking at the whole value chain. “Because we are limited and we don’t have resources at the moment, we can come in and say Zupco should not import full buses and instead, give us the order.

“We give the order to Quest (Motors Corporation) to say supply the 200 buses (to Zupco),” Pasi said, adding that such a strategy would breathe life back into the productive local firms.

Tags: says Pasiwithin 6 monthsZimra mulls plan to renew motor industry

Related Stories

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

byCT Report
07/03/2026

KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...

Shippers see temporary lull in exports

byadmin
05/02/2020

Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...

Toyota Motor Corp. employees work on the Crown vehicle production line at the company's Motomachi plant in Toyota City, Aichi, Japan, on Thursday, July 26, 2018. Toyota may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. Photographer: Shiho Fukada/Bloomberg

Toyota SA to invest over R4 billion in car assembly and parts

byadmin
05/02/2020

Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s...

Over 80 Kilos Cocaine Found On Dutch Plane In Argentina; Three Dutch Arrested

byadmin
05/02/2020

More than 80 kilograms of cocaine was found on a Martinair Cargo plane in Argentina. Seven men, three of whom...

Next Post

Thailand’s Don Mueang becomes world's busiest LCC

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.