Amid high inflation rate, the Government revised the producer price of maize and wheat, which are now set at RTGS$ 726 per tonne and RTGS$ 1 089.69 per tonne, respectively. [...]

On 5 April, the ministries of Economy and Agriculture agreed on the introduction of temporary duties on the exports of some vegetable products. A duty was introduced on the exports [...]

The Government plans to procure about 1.3 million tonnes of rice from the ongoing “boro” crop (November-May), which accounts for more than half of the annual output. The price of [...]

On 20 March, the Government agreed to set the retail prices of food staples, fish and rice, after the recent surges. The price of mackerel, which had reportedly reached a [...]

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 [...]

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 [...]

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, [...]

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 [...]

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 [...]

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 [...]