Zim Saves US$300m After Record Wheat Yield

Zimbabwe requires about 360 000 tonnes of wheat per year to ensure uninterrupted supply of bread and other confectioneries.

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. 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, saving up to US$300 million dollars annually, in import costs. ReadMore