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Economy

Streamline regulations and policies affecting export processes and manufacturing in general.

Kept

Tax Reforms

https://www.reuters.com/world/africa/zimbabwe-eases-forex-tax-rules-shore-up-local-currency-2022-02-04/

    

Feb. 4, 2022

Zimbabwe reduces foreign currency taxes to promote wider use of the Zimbabwe dollar.

Previous Updates

Government launches the Zimbabwe National Industrial Development Policy (ZNIDP) 2019-2023

 https://www.africanreview.com/finance/economy/zimbabwe-launches-new-industrial-policy

    

June 17, 2019

Government launches the Zimbabwe National Industrial Development Policy (ZNIDP) 2019-2023 with an aim to transform the economy through value addition, increase employment levels, and promote a culture of savings. The Policy seeks to facilitate and promote the development of sustainable, innovative, inclusive, and globally competitive industrial and commercial enterprises for improved consumer welfare and economic growth.

The government has granted select food and beverages companies forex duty exemption.

Pindula News

    

Aug. 13, 2019

The government of Zimbabwe has exempted forex duty on essential raw material imports for some food and beverage companies. The Statutory Instrument (170 of 2019) was gazetted on Friday, 9 August 2019. Statutory Instrument 170 of 2019

 

    

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