Browsing: Zimabwe Finance Ministry

Farmers reap a bumper harvest in zimbabwe

According to official statistics Zimbabwe has started reaping the benefits of a stellar agricultural season after cereal imports, including maize, dropped to 1,9 percent in the five months to May 2021 from 9,1 percent in January.

Statistics from May’s trade report released by the Zimbabwe National Statistical Agency (Zimstat) show that maize output for this season is projected at a record 2,7 million tonnes, about 193,1 percent up from 0,9 million tonnes produced in last season.

The maize output will be complemented by increases in the output of other grains, including sorghum, pear millet and finger millet, a situation that has led to low grain imports, especially after outright ban of maize shipments by the Government.

In Mid-May Zimbabwe suspended maize imports after the country recorded a bumper maize harvest, this was according to Reserve Bank of Zimbabwe Governor John Mangudya who said in a press conference, saying that …