Mugabe’s dairy company remains on duty free priority list

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Between August and October 2017, Gumbochuma sold the land to N-Frasys for $2 060 000-00 without paying for the land. She made a profit of $1 636 574 without doing anything.
File Pic: Robert Mugabe and wife Grace

GOVERNMENT has reduced the number of approved importers of duty-free powdered milk from 20 to 12 with deposed leader Robert Mugabe’s debt-ridden dairy business, Alpha Omega Dairy (Pvt) Ltd, among the companies that have remained on the priority list.

Finance Minister Mthuli Ncube regulated the suspension of duty for various powdered milk importers which came into effect on January 1 2019 and will run until December 31 2019.

Under the provisions gazetted on Friday, the multi-million-dollar business located in Mazowe will be allowed to import a maximum of 100 000 kilograms full cream milk powder per annum and a maximum of 50 000 kg skimmed milk powder.

Dendairy Private Limited and Dairiboard Zimbabwe have the highest duty free import margin.

The pair has been granted a ring fenced quantity of 1, 5 million kgs for full cream milk powder per annum.

Further, Dairibord may import 1, 8 million kgs skimmed milk powder, with Dendairy granted a cap of 530 000 kg.

Gouda, trading as Yomilk has been granted a cap of 90 000 kg and 30 000 kg per annum for full cream milk powder and skimmed milk powder.

Cairns Foods and Innscor Bakers are among the companies that have been scratched off the list.

Elsewhere, government renewed the suspension of motor-vehicle duty for physically handicapped persons.

Other goods imported for physically handicapped persons that include contact lenses, electric wheelchair, talking calculator, charts published in braille and sight correction materials are now eligible for rebate.

The regulations came in effect on January 1 2019.