The Independent Broadcasting Authority (IBA) is delighted with the move by the Government to suspend customs duty on selected equipment in the media, music and film industries.
And, the IBA has welcomed the suspension of duty on selected equipment in the music and film industries as this will contribute to the content aired on radio and television.
IBA Acting Director General EUSTACE NKANDU says the Government’s decision will help stations acquire new equipment which will in turn lead to improved quality of broadcasting.
In a statement to ZNBC News today, Mr. NKANDU said existing stations have an opportunity to upgrade their broadcasting equipment.
The suspension of customs duty follows a request to the Government by the Ministry of Information and Media to consider a tax holiday for the importation of broadcasting equipment to make the sector more viable.
Minister of Finance and National Planning, Dr. Situmbeko Musokotwan has since announced the suspension of customs duty for equipment used in the media, music and film industries for three years.
Post Views: 102