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Nov 27, 2020#0183;#32;FINANCE Minister Mthuli Ncube has imposed a ban on secondhand private use vehicles above 10 years from the date of manufacture. Ncube made the policy pronouncement while delivering his 2021 budget in parliament this Thursday. Mr Speaker Sir, about US billion was spent on imported buses, light commercial and passenger motor vehicles from 2015 to September 2020,
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Nov 27, 2020 | Business, Zim Latest. ZIMBABWE FINANCE Minister, Professor Mthuli Ncube Thursday afternoon announced that importation of second hand vehicles older than 10 years is now controlled, after they were removed from the Open General Import Licence. One must now obtain a special permit to import a specialised vehicle for construction, mining and agriculture.
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Nov 28, 2020#0183;#32;Prof Ncube said commercial vehicles such as tractors, haulage trucks, earthmoving equipment and other specialised vehicles used in mining and construction would be exempt from this requirement. In 2011, Government banned the import of vehicles more than five years old, although the ban was later reversed following an outcry from the public.
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Nov 27, 2020#0183;#32;This means that from 2021, people will need a special import license if they want to import older cars. The new restrictions do not apply to commercial vehicles, such as trucks, tractors, and earthmoving equipment used in mining or construction. Mthuli Ncube Bans Importation Of Second Hand
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