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China-Africa Trade Information Service
Zimbabwe’s edible oils sector says it remains feasible inspite of intermittent stockouts, but faces challenges related to low soya output and a persistent shortage of foreign currency.
Zimbabwe is running out of fuel.The fuel shortage comes at a time and Zimbabwe is facing a wave of price increases, which observers say are linked to foreign currency shortfalls.
The winter wheat production of Zimbabwe is predicted to reach over 100000 metric tonnes(MT) in 2018. The production was 20000MT in 2017. Although the wheat production will surge, but Zimbabwe still need import from other countries.
Although the tading environment is very difficult, the cement manufacturer of Pretoria Portland Cement(PPC) reveal that PPC sales increase by 40%.
Tobacco is Zimbabwe’s second biggest export.It accounted for a quarter of Zimbabwe’s $3.8 billion in total export earnings in 2017, behind gold. Zimbabwe’s tobacco sales have reached a record high of 237.1 million kilos just as the selling season nears its end.
The raw milk production of Zimbabwe is expected to grow by 12% in 2018. This can be good for the increase of national herd in Zimbabwe.
The cooking oil industry is weighed down by the shortage of foreign currency to import key raw materials.Oil Expressers Association of Zimbabwe chairperson Busisa Moyo says that the challenges involving foreign currency allocation for the sector remained critical.
Two entrepreneurs have established a banana flour manufacturing company in Mutare as they drive value-addition.
The Zimbabwe government will introduce legislation to compel households to use solar-powered geysers in the next two weeks, as it moves to regulate electricity consumption.