Advertisements
Home » Tobacco farmers fail to recapitalise for 2020/21 season

Tobacco farmers fail to recapitalise for 2020/21 season

0 comments

TOBACCO farmers struggled to recapitalise after last year’s marketing season on account of the government’s requirement to convert 50 percent of their foreign currency earnings into the local currency. The Tobacco Farmers Union of Zimbabwe (ToFUZ), which represents small-holder producers is now demanding that the forex retention ratio be increased to 70 percent noting that…

Subscribe to read full article. Subscribe today
Advertisements

Related Posts

Advertisements

The Financial Gazette It is southern Africa’s leading business and political newspaper well known for its in-depth and authoritative reportage anchored on providing timely, accurate, fair and balanced news.

Newsletters

Subscribe to The Financial Gazette newsletter for financial & business news worth reading. Let's stay updated!

©2024 The Financial Gazette. A Media Company – All Right Reserved. Designed and Developed by Innovura
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More