Monetary Policy MP 2018

Export oriented jewellery production shall retain 100% of the foreign currency

Feb 2018

Jewellery sector toasts to forex reprieve February 12, 2018

Aurex Holdings a subsidiary of the central bank, general manager Paipa Munhumutema welcomed the move by the central bank.“This is a welcome move for our company and the jewellery industry as a whole. It encourages jewellery manufacturers to export more, thus generating more forex needed for use in retooling our factories and for the complete revamping of machines and processes to match modern trends in jewellery design and manufacture,” he said.