Treasury introduces levy on grain and oilseed imports to protect local producers
via NewsDay Zimbabwe6 min read
Treasury has implemented a levy on select grain and oilseed imports to safeguard domestic producers, boost agricultural output, and enhance food security. This action follows recommendations from a Joint Technical Committee, which identified significant price disparities between imported and locally grown crops. The committee noted that cheaper imports could harm local farmers and discourage production. George Guvamatanga, Permanent Secretary in the Ministry of Finance, stated in an April 30, 2026 letter that the Agricultural Marketing Authority will collect the levy when import permits are issued. This measure aims to create a fair competitive environment and prevent an implicit subsidy on foreign imports. Guvamatanga emphasized that importing hard wheat beyond a set threshold will incur a levy to ensure price parity and protect local industry. The difference between import and domestic production prices is approximately US$40 per tonne for maize and US$50 per tonne for soybeans. Revenue from the levy will support strategic agricultural programs, including payments to farmers via the Grain Marketing Board and the development of smallholder irrigation schemes, crucial for climate resilience. The Ministry of Agriculture, Mechanisation and Water Resources Development has published the official levy rates, effective from May 19, 2026, until August 31, 2026. Maize imports will be charged US$40 per tonne, soybeans US$20 per tonne, soya meal US$35 per tonne, and soft wheat US$89.25
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