Harare, (New Ziana) – Government has, with effect from January 1, 2025, suspended duty on all single and double cab semi-knocked down motor vehicle kits as well as for buses imported before November 28, 2024 by approved assemblers.

In a Statutory Instrument 194 of 2024, Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube announced customs duty had been suspended to a rate of zero per centum on SKD single cab and double cab motor vehicle kits imported or taken out of bond by an approved assembler for use in the assembly of single and double cab motor vehicles.

“Customs duty is suspended to a rate of zero per centum on SKD single and double cab motor vehicle kits imported or taken out of bond by an approved assembler for use in the assembly of single and double cab motor vehicles in terms of this section for a period of five years from 1st January, 2025 to 31st December, 2029,” the Statutory Instrument said.

The SI further stated that with effect from January 01 2025, duty suspension shall only apply to public service buses that were purchased on or before November 28, 2024 and cleared for consumption by February 14, 2025.

“Thereafter the suspension of duty provided under this section shall cease and duty shall be payable on all public service buses imported into Zimbabwe,” said the SI.

The duty suspension will likely result in a drop of prices of the vehicles covered.

New Ziana