Zimbabwe just slashed a ton of farming fees and dropped VAT on fish to make life cheaper for growers.
Fees got chopped across the board
Fees got chopped across the board
- Contractor registration with the Agricultural Marketing Authority dropped to US$250.
- Trader registration fees went from US$1,000 down to just US$100.
- Effluent discharge fees were cut in half to US$13,500.
- Anxious Masuka said the goal is lowering the cost of doing business.
- The government scrapped the 15.5% VAT on fish and fish products.
- Lake lease charges under ZimParks fell from US$30,000 to US$15,000.
- Fish harvest fees were eliminated entirely.
- Masuka argued the changes will boost returns for producers.
- Farmers can now import machinery spare parts without a license.
- Stiffer penalties are coming for anyone stealing agricultural goods.
- Dam construction rules were loosened to attract private investment.
- The minister framed it as a deliberate push to support production.