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Zimbabwe Spending $100 Million On Wheat Imports Every Year

5 years agoSun, 17 Mar 2019 16:44:04 GMT
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Zimbabwe Spending $100 Million On Wheat Imports Every Year

Zimbabwean is losing about $100 million every year to the importing of wheat Industry and Commerce minister Mangaliso Ndlovu has said. He was speaking at an exhibition organised by the Grain Millers’ Association of Zimbabwe (GMAZ) in Bulawayo recently.

Said Ndlovu:

A study in 2003 on the bread price indicated that there was a huge deficit in terms of wheat production compared to the nation’s annual consumption, where seven months’ wheat supply was to be met through imports, 16 years down the line we are still faced with the same challenges, if not worse.

The country is spending close to $100 million in wheat imports annually to cater for this deficit.

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