Farmers demand more forex

THE Zimbabwe Integrated Commercial Farmers Union (ZICFU) says the government, through the Reserve Bank of Zimbabwe (RBZ), should review tobacco farmers’ foreign currency retention threshold to 100 percent from 75 percent ahead of the tobacco marketing season.

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ZICFU president Maiwepi Jiti said the financing models for tobacco and a refinement of the export retention thresholds would encourage participation from small-scale growers and boost tobacco production in the c

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