With Covid delays, our supply chain has been delayed but our third container of tricycles has just landed. And after a virtual inspection tour and some modifications at our factory, we are proud to announce that we are the first certified local factory to do assembly of tricycles and qualify for exemption on duty.
It is the result of our intense and persistent lobbying efforts. A year ago, when our second container of tricycles arrived at the port in Beira in Mozambique, we faced an unexpected shock. Input duty for our knock down tricycles was 25 percent. This was on top of the VAT of 15 percent. As the US Dollar had been reintroduced, this translated into a lot of money. After meeting with the Ministry of Industry and Commerce, we realised while the country had a lower duty for 2 wheel and 4 wheel vehicles that were locally assembled, there was nothing that took into account tricycles. We jumped into action. With the help of Lloyd Manakore, a lawyer working pro bono, a lot of phone calls, late night messages, days camped out at the Ministry of Finance & even frantic personal calls to Minister of Finance while he was in Davos for the World Economic Forum, a new Statutory Instrument was introduced to remove any import duty for tricycles that were locally assembled.