Elton Manguwo, Staff Writer, Author at The Financial Gazette

Import bill surges to US$9 billion

Elton Manguwo, Staff WriterFebruary 13, 20250121 views

ZIMBABWE’S import bill increased by 4,9 percent to US$9,1 billion in 2024, from US$8,7 billion in 2023, largely due to increased grain imports following the El Niño-induced drought, which severely impacted the 2023-24 agricultural season.The 2023/24 season saw Zimbabwe experience its worst drought in 40 years, significantly affecting agricultural output and prompting the government to…

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US$30m needed to resuscitate livestock sector

Elton Manguwo, Staff WriterFebruary 13, 2025053 views

WITH the nation’s livestock sector poised for recovery following the severe drought of the 2023-24 season, small-scale livestock farmers require a strategic investment of US$30 million to support herd rebuilding efforts.Livestock remains a crucial asset for smallholder farmers, serving as both a vital income source and a key component of economic stability.In an interview with…

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