Horticulturists call for exchange control reforms

Small-scale farmers constitute the majority of Zimbabwe's agricultural producers and play a critical role in ensuring national food security.

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.AdvertisementsIn 2023, the Reserve Bank of Zimbabwe (RBZ) issued an exchange control directive establishing a uniform foreign currency retention threshold of 25 percent for all…

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