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Labrish
Nyuuz
Zimbabwe growers demand tax, forex changes from Mthuli Ncube
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[QUOTE="Munyaradzi Mafaro, post: 54137, member: 636"] Zimbabwe's Horticultural Development Council submitted recommendations to government officials for the upcoming mid-term budget review. The organization seeks policy changes that would transform the nation into a two billion dollar export leader. Finance Minister Mthuli Ncube continues finalizing the budget statement but has not announced presentation dates. The council believes strategic support could unlock the sector's full potential. Dedicated agricultural zones would attract both domestic and international investment opportunities. Current foreign exchange retention policies limit producer earnings when farmers require more capital for growth and competition. Transportation infrastructure requires significant improvements to deliver fresh products efficiently to international markets. Border facilities need upgrades to maintain product quality during export processes. Administrative barriers create unnecessary costs through multiple inspections and overlapping fees. A streamlined single-window system would reduce expenses and accelerate export procedures. Blueberry producers face tax disadvantages because regulations classify them as exempt rather than zero-rated for value-added tax purposes. Agricultural workers have entered income tax brackets that reduce their wages. The council recommends raising minimum taxable thresholds to improve worker compensation and attract labor. Priority sector classification would provide reduced electricity rates for growers who depend on expensive cold storage systems. [/QUOTE]
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Zimbabwe growers demand tax, forex changes from Mthuli Ncube
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