100% forex retention for the tourism players

In a Monetary Policy Statement issued by government on Monday, registered tourism players shall retain 100% of their foreign currency earnings to allow sector recapitalisation. “In order to respond to the adverse effects of COVID-19 on the tourism sector, which was hard-hit by the pandemic not only in Zimbabwe but the world over, with immediate effect, players in the tourism and hospitality industry shall retain 100% of their foreign currency earnings to allow them to quickly recapitalise and procure the necessary goods and services required by tourists and travellers”. Visit ZTA information Offices across the country’s provinces for more details.