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Home Trade

Zimbabwe to import 400,000 t maize from Zambia and Malawi

Farmers Review Africa by Farmers Review Africa
May 30, 2022
in Africa, Trade, Zimbabwe
Reading Time: 2 mins read
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Zimbabwe is set to import 400,000 tonnes of white maize from Zambia and Malawi. Grain Millers Association of Zimbabwe (GMAZ) made the announcement and said the move follows reduced harvest blamed on erratic rains.

The country has faced food insecurity since the turn of the century when its former leader, Robert Mugabe, seized white-owned farms. Zimbabwe has also endured frequent droughts over the years, with conditions expected to worsen as temperatures rise due to climate change.

Also read: Invictus Energy: exploring Zimbabwe’s frontier basins

The government has forecast maize production for the 2021/22 season at 1.56 million tonnes, down from the previous season’s multi-year record of 2.72 million tonnes. The country requires 2.2 million tonnes annually for human and livestock consumption and the government has encouraged private millers and producers of livestock feed to import some grain to plug the deficit.

Challenges

“I am pleased to inform the nation that GMAZ will secure 400,000 metric tonnes of white maize from Malawi and Zambia. We expect to start receiving the maize from the end of June,” GMAZ chairman Tafadzwa Musarara said.

Zimbabwe’s millers have been increasing prices, citing higher import and production costs. In March, millers increased maize meal and wheat flour prices by 15%, followed by further hikes of 52% and 31% for maize meal and wheat flour, respectively, in April.

Also read: Policy inconsistency driving up inflation in Zimbabwe

Food price inflation has worsened the challenges of a country battling to recover from an extended economic crisis, which was exacerbated by COVID-19 and the rapid devaluation of a local currency reintroduced in 2019.

Zimbabwe, which suffered 500 billion percent hyperinflation in December 2008 according to the International Monetary Fund, is experiencing another phase of rapid price increases, with year-on-year inflation rising to 131.7% in May, up from 60.6% in January.

Related

Source: Farmers Review Africa
Tags: climate changedroughtsFeatureGMAZGrain Millers Association of ZimbabwehumanInternational Monetary FundlivestockmaizeMalawiTafadzwa MusararaTradeWhite MaizeZambiazimbabweZimbabwe to import 400.000 t maize from Zambia and Malawiзимбабвеزيمبابويジンバブエ津巴布韦
Farmers Review Africa

Farmers Review Africa

Farmers Review Africa strives to be the main source of information about new products, trends and technologies in agriculture and farm inputs. www.farmersreviewafrica.com

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