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Manufacturers Vow To Continue Supplying Tuckshops

1 year agoFri, 06 Oct 2023 17:56:57 GMT
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Manufacturers Vow To Continue Supplying Tuckshops

Manufacturers are adamant they will continue supplying goods to unofficial traders (tuckshops) who exclusively pay in United States dollars.

This is despite pressure from the government for them to follow proper supply and distribution channels.

Last week, the Minister of Industry and Commerce, Sithembiso Nyoni, said manufacturers are “killing” wholesalers and fomenting chaos in the market by bypassing wholesalers and directly supplying goods to retailers and informal traders.

However, an executive with a Harare-based manufacturing company, who preferred anonymity told Business Times that the Minister should engage industry rather than “spit venom”. Said the business executive:

I don’t think [Industry and Commerce] Minister Stembiso Nyoni knows what we are going through to survive the current challenges.

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We need a great deal of foreign currency but the whole economy is only limited to US$5m a week on the auction hence we need these cash payments from the informal traders to oil the industry.

We can’t be forced to supply N Richards, Metro Peech and Mohamed Mussa when they pay the Zimbabwean dollar after 45 days using the price of the delivery date at a time when they will be adjusting prices twice or thrice per week.

Instead of spitting venom, the minister should sit down with the industry and discuss what should be done to find common ground.

The president of the Confederation of Zimbabwe Industries (CZI), Kurai Matsheza, said manufacturers are not discriminating against anyone. He said:

Manufacturers are bypassing nobody; they just distribute to whoever meets their trading terms best.

From our members all we hear is that they just want to have that dollar for their product as fast enough so that they are able to keep on producing; remain in business and grow.

Speaking during a tour of National Foods Holdings on Wednesday last week, the Minister of Industry and Commerce, Nyoni said the Government will “address the distortions” in the supply chain of products.

More: Pindula News

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28 Comments

Anonymous · 1 year ago
I am just wondering if Mai Nyoni knows what distortions are.
Gandaganda · 1 year ago
The grannies at the old peoples' party are still stuck in past thats why they always talk of Chimurenga instead of moving with times.
Gandaganda · 1 year ago
The grannies at the old peoples' party are still stuck in past thats why they always talk of Chimurenga instead of moving with times.
G40 · 1 year ago
Gogo chizororai ministry iyi hamuigone endai munoitira vazukuru ngano zve tax hazvisi zve yu zimra must tax those tuckshops and smes
coni · 1 year ago
haaa
. · 1 year ago
of clueless ministers and bankrupt gvt
mukutiiko apa · 1 year ago
* unofficial traders*ivo vaine ma operating licences...nema paper ose
· 1 year ago
Ma wholesalers acho avari kuda kuprotector mashoma Shoma shuwa nyika yose yotambura nekuda kwe N Richards Gain na Mohamed Musa chete ko vakoshei
t · 1 year ago
they pay the government taxes tuckshops don't you see the beauty of formal businesses is that the government gets richer the more they are in Zimbabwe there isn't a lot of formal businesses our government is broke most of the time and the little they do get is decimated by corruption.
chibs · 1 year ago
Mrs Nyoni is now old let her grandchildren run the ministry what is she still doing in government
Rebel · 1 year ago
Gogo stembiso economic dynamics has changed manufacturers are now selling direct to retailers and the same wholesalers you want to protect are now also into retail business so why do they complain
Cde hondo · 1 year ago
Minister doesn't know anything about industry and trade.
Jue Saidi · 1 year ago
zig zingizi zvaro
Ghetto Prophet · 1 year ago
Hard currency needed more than ever,, ndopa chafira ZIG
. · 1 year ago
USD rules the roost. ZiG is the child.
Zuze · 1 year ago
Taura hako. ZiG mwana wemusango
maparamuro · 1 year ago
What is money? Most people talk about it but very few understand it. You can make money out of anything, plastic, metal, glass, granite rock, wood or even air. All that is required for your money to work is trust so basically money is trust.
maparamuro · 1 year ago
What is the job of a wholeseller? A producer makes goods. A retailer sells goods to the consumer. Where does the wholeseller fit in? You surely can't force people to use and pay for a service they don't need.
mylan · 1 year ago
kkk so a producer can as well sell straight to the consumer.what is the job of a retailer
Mi-Fi · 1 year ago
Producing and selling ate two different skills @mylan
maparamuro · 1 year ago
@mylan small scale producers do sell directly to the consumers. The wholeseller is a middleman and his services are not always necessary. in the current setup in Zimbabwe the wholeseller is becoming more and more obsolete. Wholesellers are convenient in that a retailer can do a one stop shopping but if the producer can deliver directly to the retailer then there is no need for wholesellers. National breweries deliver directly to the retailers so do all bakeries and millers.
Saddam · 1 year ago
bvu bvu bvumbururu wakenyanya ummm
tafman · 1 year ago
survival of the fittest...no rule book. our economy is dog eat dog..so sad
Snafu · 1 year ago
Our ministers are brainless, they think they know best that's why we are in this situation.
SC · 1 year ago
Chi Pindula ichi chakufanira kuisa age restriction
Hwesa · 1 year ago
Age yapindawo papi apa

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