Tag: foreign currency
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Foreign currency incentive for Zimbabwe tobacco farmers
The Reserve Bank of Zimbabwe (RBZ) announced Friday that tobacco farmers will now be allowed to retain 50 percent of their foreign currency earnings...
Zimbabwe battles to clear huge passport backlog due to foreign currency shortages
Zimbabwe is battling to clear a backlog of more than 400,000 passports dating as far back as 2018 due to shortage of foreign currency...
Zimbabwean Government Steps into Delta Corporation Decision
Zimbabwe's leading beverage manufacturer, Delta Corporation, has reversed a decision to charge products in foreign currency after government intervention.
A joint statement by the company...
Zimbabwean President Mnangagwa warns businesses against pricing in foreign currency
Zimbabwean President Emmerson Mnangagwa has said his government is crafting a law that compels business people who receive foreign currency allocation from Treasury to...
Zimbabwe: Local Firms Charged to Help save foreign currency
Zimbabwe, which is facing serious foreign currency shortages, has called on local firms to prioritize local ahead of foreign firms when awarding contracts to...
