Import duty reduction not enough, Chamber says

(CNS Business): A 2% reduction in import duties, which was part of the government Strategic Policy Statement and Budget Address, takes effect today but the Chamber of Commerce is concerned that these reductions will not go far enough to help small and medium businesses and is urging government to do more. Chamber President Johann Moxam told CNS Business that government must make good on its campaign promises to help small and medium sized business, which have seen a dramatic rise in fees over the last ten years. Moxam said, “At this point we feel that the government should be doing more, and could do more to help businesses survive in a very trying economicclimate.” Read more and watch the video on CNS Business