INDUSTRY has made proposals for an upward review of the Reserve Bank of Zimbabwe's export incentive to 10 percent from the current 5 percent as they push for more export earnings and improvement in the country's balance of payment position.
Indications are that the RBZ has agreed in principle but has requested evidence-based proposals by exporters to support the proposed incentive hike. Chairperson of the thematic team on export capacity under the Rapid Results Approach (RRA) to ease of doing export business Mr Salie Khan said the team had already started working on data collection from exporters for a comprehensive proposal to present to the RBZ.
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