Zimbabwe's proposed new grain levies and chilli production initiatives
via NewsDay Zimbabwe1 min read
Zimbabwe is considering new grain levies to address climate and food security challenges. Concurrently, 300,000 Zimbabwean farmers are expected to benefit from a new chilli production initiative. These developments come amidst various other national discussions, including concerns over procurement graft as Harare plans to acquire 200 buses, a deepening referendum row regarding CAB 3, and a legal watchdog's warning about Zimbabwe's new minerals policy. Other issues include political tensions leading to violence and forced evictions at grasslands plots, and delays in unlocking green billions due to carbon cash issues. The country is also seeing discussions around integrating traditional land custodianship into ESG reporting and the stability of VFEX masking underlying value.
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This summary was AI-generated from a story originally published by NewsDay Zimbabwe.
Must ReadZimbabwean exporters can now obtain the necessary certificates of origin to export eligible products to China under a preferential trade arrangement for African countries. ZimTrade announced that all administrative and procedural requirements have been completed, opening significant opportunities for Zimbabwean businesses to increase exports to one of the world's largest consumer markets. Exports shipped to China on or after May 1 are eligible for retrospectively issued Certificates of Origin. This development is expected to boost exports by improving the price competitiveness of Zimbabwean products, particularly agricultural produce, horticultural products, manufactured goods, and value-added products. China extended zero-tariff treatment to all 53 African countries with which it has diplomatic relations since May 1. Zimbabwe has already begun to tap into this expanded market, making its first-ever shipment of blueberries to China earlier this month and securing bilateral agreements for citrus and avocado exports.
Zimbabwe has commissioned a specialized honey testing laboratory, a move aimed at enhancing the country's export competitiveness. This development is expected to support the quality assurance of Zimbabwean honey products for international markets. Other news includes former legislator Dubeko challenging President Mnangagwa's term extension in the Constitutional Court, and reports of power outages and raw material shortages impacting ART operations, leading to a decline in export and paper division volumes by 6% and 26% respectively in the third quarter to June 2022. Additionally, Zimbabwean athletes have shown impressive performance against global competitors in Budapest, while political tensions at grasslands plots have resulted in violent attacks and forced evictions.
Must ReadZimbabwe has commissioned a specialised honey testing laboratory. This initiative aims to enhance the country's export competitiveness in the honey market.