Zimbabwe: Tobacco Farmers Speak On Access to U.S. Dollars

13 February 2020

Tobacco farmers want the Reserve Bank of Zimbabwe (RBZ) to simplify access to the US dollar component of their proceeds, including a portion to be withdrawn in cash, ahead of the opening of this year's marketing season.

The tobacco marketing season usually starts in March. Last year farmers were paid half their earnings through their Zimbabwe dollar accounts with the remaining half being deposited into their Foreign Currency Accounts. However most farmers faced difficulties in accessing their hard currency due to their failure to appreciate the processes involved.

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