Accessibility links

Breaking News

Zimbabwe Bans Export of Machinery

Zimbabwe's state-run newspaper reports the government has banned the export of machinery to prevent what officials call the "de-industrialization" of the country.

The Herald reports (Tuesday) the order halts the export of all machinery used in mining, farming, manufacturing or industry without a permit.

The paper says the Ministry of Industry and International Trade took the action after noticing an increasing number of companies were exporting machinery that was not being used.

The ministry secretary (Christian Katsande) told the Herald such machinery cannot be exported because it might be needed later as the economy begins to turn around.

The newspaper says several white former commercial farmers in particular were trying to export their equipment to neighboring countries where they were offered land.

Some information for this report provided by Herald online.