Zim to import 250 000 tons of maize from Mexico
Fin24 - Jun 24th 2016, 08:32
Harare - Drought-hit Zimbabwean will import more than 250 000 tons of maize from Mexico to fill the shortfall caused by the severe drought sweeping through the southern Africa, the agriculture minister said on Thursday.
Joseph Made said Zimbabwe would also import the staple crop from neighbours South Africa and Zambia, as well as from the Ukraine but did not give precise figures for these imports.
"We anticipate anything upwards of 250 000 tons will be coming from Mexico. The other maize will obviously be coming from Zambia as well some from South Africa and Ukraine," Made told reporters.
An El Nino-induced drought has hit southern Africa, slashing the output of the staple maize crop.
Zimbabwe's government previously said the drought had forced it to cut the 2015 growth forecast to 1.5% from 3.2%, with the 2016 output unlikely to be any better.
The UN World Food Programme said earlier in June that output in Zimbabwe would fall below 60% of the five-year average of between 700 000 and one-million tons.
Avocado industry should focus on Chinese market, says Agbiz
13/05/2019 - 09:57
The chamber said the increased exports are a major boost to the government's policy ambition of achieving export-led growth in agriculture.
Load-shedding knocks mining and manufacturing in the first quarter
13/05/2019 - 09:36
Despite a better performance in March, both sectors recorded contractions in the first quarter of the year - with production severely constrained by load-shedding.
SA retailers seek post-election boost as belts tighten
10/05/2019 - 11:02
Londani Nemaguvhuni’s Sunday trip to the Mall of Africa north of Johannesburg is a finely balanced operation. The 29-year-old has to provide for his young son but also needs to cut costs.
How e-tailers can survive the slow economy
10/05/2019 - 10:18
Talk of a looming global recession continues to impact emerging markets. And, as South Africa continues its longest downward cycle in many decades, local business owners are actively looking for ways to shore up ahead of future uncertainty.
SA set to remain a net importer of wheat
09/05/2019 - 10:22
Despite improvements in production, the country will not be able to meet demand and imports could keep driving up food inflation.