Record wheat harvest saves Zimbabwe by US$300 million

Published 2023년 5월 26일

Tridge summary

Zimbabwe has achieved a record wheat harvest, producing over 375,000 tonnes in 2022, its highest yield since 1966, leading to a significant reduction in import costs. This has saved the country up to US$300 million annually. The government is working to increase wheat production further and is constructing dams to promote irrigation. The country expects higher yields of maize and wheat this year and is inviting other countries to learn from its wheat cultivation practices. The construction of Lake Gwayi Shangani is nearing completion, which is expected to address Bulawayo's water challenges and support its manufacturing sector.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: Record wheat harvest saves country US$300 million | The Chronicle (Top Stories) Africa Moyo in SHARM EL-SHEIKH, Egypt Zimbabwe has saved up to US$300 million in import costs following a record wheat harvest last year of over 375 000 tonnes, and is working hard to ensure a lot more wheat is delivered this year, President Mnangagwa has said. He was speaking during the roundtable meeting on Zimbabwe’s arrears clearance and debt resolution process here on Wednesday evening, on the sidelines of the African Development Bank annual meetings which will end today. Last year’s wheat output was the highest since 1966. African Development Bank Group Zimbabwe requires about 360 000 tonnes of wheat per year to ensure uninterrupted supply of bread and other confectioneries. ZESA has already assured farmers of guaranteed electricity for irrigation this wheat cropping season. On its part, the Government continues to construct dams across the country to promote irrigation culture so that ...

Source: Zimbabwesituation