Gov restricts importation of maize extruded snacks
08 Jul 2021
Government has imposed restrictions on the importation of maize extruded snacks through the Control of Goods and Other Charges Act, 2003, Statutory Instrument No. 55 of 2021.
A news release from the Ministry of Investment, Trade and Industry says the instrument restricts importation of maize extruded snacks.
It says an import permit would be issued subject to purchasing 40 per cent in value (monetary) of the required 100 per cent maize extruded snacks from local producers.
The release says the purpose of the statutory instrument is to promote local production, build competitiveness and sustainability of local manufacturing companies of similar products.
The Statutory Instrument No. 55 of 2021, which was published in the Government Gazette dated June 11, 2021, is further intended to stimulate investment, job creation and economic diversification within the sector. ends
Source : BOPA
Author : press release
Location : GABORONE
Event : press release
Date : 08 Jul 2021