Sunday 16 December 2018
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chronicle - 1 month ago

Miners to retain 55% export earnings

Oliver Kazunga, Senior Business Reporter THE Reserve Bank of Zimbabwe (RBZ) has agreed to increase large scale miners’ retention of foreign currency from mineral exports to 55 percent to allow them to cover production costs. Recently, large-scale producers particularly in the gold sector were allowed to retain 30 percent of their export proceeds and the [ ]

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