Record wheat harvest saves Zimbabwe by US$300 million
Wheat
Zimbabwe
Published May 26, 2023
Tridge summary
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.
Original content
Source: Record wheat harvest saves country US$300 million | The Chronicle (Top Stories) Africa Moyo in SHARM EL-SHEIKH, Egypt 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 going forward, surplus produce could be exported to generate foreign currency. Said President Mnangagwa: “I am pleased to highlight that Zimbabwe is now food secure. We are self-sufficient in wheat production, since 2022, ...
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