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China-Africa Trade Information Service
According to World Bank statistics, the percentage of global exports to GDP has been increasing, from 12% in 1960 to 29% in 2017.
The Zimbabwean government has announced new plans, including land use rights review programs and agricultural crop subsidies to expand agricultural production, which may significantly increase demand for seeds, fertilizers and pesticides.
To address bread shortages in Zimbabwe, the government has revealed plans to engage a bakery in the production of standard bread with only locally produced ingredients.
Zimbabwe’s monthly electricity import bill has dropped to US$3 million from US$15 million due to massive power generation projects that have been undertaken by the government and institutional investors.
Zimbabwe is set to dramatically cut its fuel import bill and reduce pressure on foreign currency demands if the Zimbabwe Energy Regulatory Authority (ZERA) successfully convinces Zimbabweans to embrace the use of electric vehicles.
Econet, a major telecom operator in Zimbabwe, has launched an electrification project to help transform rural businesses and create jobs in Zimbabwe.
Zimbabwe government is set to meet senior officials from ZESA Holdings and independent power producers (IPPs) as it seeks to deepen local electricity generation with new focus on renewable energy, particularly solar and wind.
Zimbabwe is expected to continue relying on electricity imports for the next eight years due to lack of investment in the sector, a leading international think-tank has said.
Fuel shortages that have dogged the economy since last year, are now posing a threat to the mining sector and small-scale miners have called on the Government to act decisively to avert the negative effects. The mining sector is Zimbabwe’s largest foreign currency earner led by g...