Archive for February 2025

The Reserve Bank of Zimbabwe (RBZ) has established the payment structure for tobacco growers in the 2025 marketing season. According to the newly issued guidelines, growers will receive 70% of their payments in foreign currency while the remaining 30% will be paid in local currency (ZiG). In a statement release to industry stakeholders and grower…

The ZTA is deeply concerned about the RBZ’s decision to reduce the forex retention threshold for exporters, and by extension, tobacco growers. Read our statement below