Commodity & Trade Updates

This price increase is aimed at ensuring sufficient maize reserves for the country during lean periods, responding to current market dynamics.

The move aims to stimulate Zimbabwe’s agricultural value chain by guaranteeing local farmers an assured market for their grains and oilseeds.

The ban will remain in place for 30 days, effective immediately and lasting until Friday, October 3.

Under the new law, farmers and cooperatives exporting their own produce are exempt from the duty.

On the source of resources to procure 200 000MT, Admarc Limited spokesperson Theresa Chapulapula said the funds will come from the Treasury.