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20/03/2019
The government recently announced an agreement with the Government of the United States of America to implement a duty-free tariff quota (TRQ) for wheat. The agreement allows for the importation [...]
14/03/2019
On 12 March, the government approved new minimum guarantee prices for all wheat grain varieties and wheat seeds for the 2019/20 (July/June) agricultural season. Prices were adjusted to reflect higher [...]
11/03/2019
On 28 February, changes to the 2012 Ley de Concertación Tributaria (tax concertation law) came into effect, in an effort to increase domestic revenue mobilization. With the new tax reform, [...]
01/03/2019
On 20 February, the Government of Zimbabwe introduced a new currency, known as the Real Time Gross Settlement (RTGS) dollar, which merges the surrogate bond note and electronic dollars; local [...]
22/02/2019
The Ministry of Economy and Finance recently announced the temporary suspension of the Value Added Tax on imported rice. Rice is a staple food in the country and over 80 [...]
19/02/2019
On 15 February, the Government adopted the Rice Tariffication Bill, which will become effective on 3 March 2019. The Bill replaces quantitative restrictions on rice imports with a 35 percent [...]
18/02/2019
The Government announced the new maximum retail prices (MRP) for rice, which will become effective on 1 April 2019. The price of Nadu rice has been set at LKR 80 [...]
12/02/2019
The Government allocated LKR 5 billion (USD 28 million) to purchase paddy from the 2019 main Maha crop, about to be harvested and expected at a bumper level, well above [...]
16/01/2019
On 12 January, the Government of Zimbabwe announced a sharp increase in fuel prices, which became effective on 13 January. The prices of diesel and gasoline more than doubled to [...]
11/01/2019
On 10 January, the Government ordered the National Cereals and Produce Board (NCPB) to purchase 2 million 90-kg bags from farmers at a price of KES 2 500 (USD 24.39) [...]
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