South Africa: Door shuts on Zim imports
17.01.2012
Zimbabwean exporters must scramble to find new markets or risk commercial peril after South Africa slapped an effective import ban on a raft of products in a bid to protect local producers. South Africa is Zimbabwe’s leading market, accounting for about 56 per cent of all exports with China and the United Arab Emirates coming a distant second at 6 per cent. However, under a deal agreed between the government, labour and business organisations, at least 75 per cent of all procurement in Africa’s largest economy must now come from local companies.