New forex rules threaten to choke exporters

LIVINGSTONE MARUFU AND SAMANTHA MADE Zimbabwe’s exporters, already grappling with a tough economic environment, are now facing fresh turmoil following the government’s latest move to tighten its grip on foreign currency earnings—scrapping key export incentives and enforcing harsher surrender requirements. Business leaders and economists warn that the decision, risks derailing production, draining vital forex inflows,…