Zimbabwe Slashes Raw Wine Import Costs to Boost Domestic Wineries
Zimbabwe Slashes Raw Wine Import Costs to Boost Domestic Wineries
In a move aimed at revitalizing the local wine industry, the Finance Ministry suspended excise tax on raw wine imports for two years, as outlined in Statutory Instrument 68 of 2025, published in the Government Gazette.
To qualify for the duty suspension, wine manufacturers must meet the following criteria:
🟠to be an approved manufacturer licensed by the Zimbabwe Revenue Authority;
🟠imports of up to 100,000 liters per year are eligible for the suspension;
🟠use the imported wine exclusively for local processing at approved facilities.
Though relatively small, Zimbabwe's wine market is growing. According to Statista, the market is forecasted to reach $12.64 million in 2025, with annual revenue growth of over 8%.
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