KEY stakeholders in the horticultural sector have called on the Government to abolish the 25 percent foreign currency export retention policy, arguing that the regulation hampers the industry’s growth and competitiveness.In 2023, the Reserve Bank of Zimbabwe (RBZ) issued an exchange control directive establishing a uniform foreign currency retention threshold of 25 percent for all…
ZIMBABWE’s inflation is expected to remain elevated in 2025 driven by foreign currency exchange rate pressures on the domestic currency — the ZiG, financial analysts, Fincent Securities have said.ZiG month-on-month inflation recorded a drastic drop in the final quarter of 2024 tumbling from 37,2 percent in October to 11,71 percent in November and further to…
FBC Securities has called on policymakers and businesses to foster an environment conducive to long-term financial instruments such as infrastructure bonds, corporate bonds, and public-private partnerships (PPPs), to mobilise long-term capital and address structural financial challenges.In its 2025 Outlook report, FBC warned that the reliance on short-term funding for long-term obligations is a significant factor…
ZIMTRADE has urged horticultural farmers and traders to certify their produce in order to strengthen Zimbabwe’s position as a key exporter to the European market.The global demand for organic produce continues to grow, driven by increasing consumer awareness of health, sustainability, and environmental concerns.However, accessing these lucrative markets requires compliance with strict certification standards.In its…
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