Video: BNV With Lindo’s Manager Zach Moniz
Lindo’s Manager Zach Moniz will be joining Bernews at 4.00pm this afternoon [Oct 11] for the latest episode in the Bernews News & Views series, set to discuss the recently announced Bill which will reduce the “rate of import duty to zero for 21 categories of essential goods.”
Last month the Government said, “This legislation reduces the duty on these items to 0%, and that reduction will serve to reduce costs to consumers. Critically, we have not just applied this to food but also to diapers for babies, laundry and dish detergent and feminine products like pads and tampons.”
“The Bill reduces the rate of import duty to zero [0%] for 21 categories of essential goods as follows: ground beef; chicken [fresh, chilled or frozen]; turkey [fresh, chilled or frozen]; butter; processed cheese slices; cheddar cheese; green beans; fresh bananas; pepper; cooking oil; tuna [canned and dry packed]; pasta; bread [fresh or chilled]; jam; peanut butter; tomato ketchup and other tomato sauce; bath soap bars; laundry detergent; dish detergent; diapers for babies; and sanitary towels [pads] and tampons.”
The video will be live streamed below starting at 4.00pm, and the interview will also be broadcast on Bernews YouTube, Twitter, Facebook and LinkedIn pages.
How many stores will lower their prices when this break takes affect? NONE.
It week only help increase their profit margin.