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‘Protectionism inflationary’

HARARE – Government’s move to introduce protectionist measures may exert inflationary pressures on the economy, says ZB Financial Holdings (ZBFH). This comes as Finance minister Patrick Chinamasa, in his 2014 budget, said government would impose protectionist strategies, including increasing import duty on finished products, to guard against continued flooding of imports. “Government will be instituting…

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