Normalcy returns to auction floors
Activities at the country’s tobacco auction floors are expected to improve this week following the scrapping of the 2 percent electronic transfer tax on all activities at the floors, with prices being offered for the crop beginning to firm.
The Tobacco Industry and Marketing Board (TIMB) and the Reserve Bank of Zimbabwe also re-affirmed their commitment to give farmers their entitlement of 50 percent payment in US dollars in their Nostro FCA and the remainder in local unit at the ruling interbank rate....
https://www.herald.co.zw/normalcy-returns-to-auction-floors/