Horticulturists call for exchange control reforms

Currently there are only four horticultural economic zones ― Chipinge horticulture, Mvurwi horticulture, Mukwichi horticulture and Matabeleland horticulture.

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…

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