Tanzania waives duty on machines & materials for leather processing

27 May '21

2 min read

Pic: Shutterstock

The government of Tanzania has waived import duty on machines and materials used for processing leather to encourage investments in the leather industry. It aims to promote local processing of leather products and is implementing a project to train over 419 livestock keepers in methods that help add value to the hides and skins of their livestock.

The announcements were made by Kitila Mkumbo, the Tanzanian minister for industry and trade, in the Parliament last week while tabling the budget proposals for the year 2021-22.

The project for training livestock keepers has already started in three districts of Arusha region. It is being conducted by the state-run Tanzania Industrial Research and Development Organization and financed by the Tanzania Commission for Science and Technology, said Tanzanian media reports quoting Mkumbo.

The Tanzanian government will also be mobilising the development of the textile and garment industries and improving the ease of doing business in the country.

The government has amended two laws through the Finance Act of 2020 and is in the process of introducing the Trade Remedies Act of 2021 to protect local businesses and control importation of products and market distortion by subsidised products which come to the local market at lower prices.

Fibre2Fashion News Desk (KD)

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