Gov’t firms up Infant Industry Protection scheme
Friday, August 28, 2026 | 160 Views |
Building businesses: Ntsima has secured regional approval to ringfence certain nascent sectors PIC: PHATSIMO KAPENG
The development was announced recently during a stakeholder engagement on the implementation of the Infant Industry Protection measure in support of industrial development in the country.
Speaking during the engagement, the Minister of Trade and Entrepreneurship, Tiroeaone Ntsima, said effective February 2026, government introduced additional customs duties on the three products. A 10% additional duty was imposed on shade nets, increasing the applied rate to 30%, whilst thermal paper rolls attracted a 20% additional duty, bringing the applied rate from zero to 20%. Surgical masks were also subjected to an additional 10% duty, increasing the applied rate to 30%.
‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...