Zimbabwe makes steps towards wheat self-sufficiency with imports declining 11% in 2022

ZIMBABWE- Zimbabwe is making progress towards attaining self-sufficiency in wheat with import volumes declining 11% from 210 million kilograms in 2021 to 186 million in 2022. Zimbabwe which historically used to import 80 percent of wheat annually, has made steps towards increasing local production to substitute imports which end up depleting valuable foreign exchange reserves. Despite reduce imports, Zimbabwe still…

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Grain Marketing Board partners Buhler, Aftrade to modernize, expand grain storage capacity in Zimbabwe

ZIMBABWE – Grain Marketing Board, Zimbabwe’s leading grain trade and marketing company, is investing US$275 million in the expansion and modernization of its grain storage capacity in Zimbabwe. The project will include 8 new silo complexes with a total capacity of 451,200 tonnes for the benefit of the Grain Marketing Board (GMB) over the next three years. According to the…

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Zimbabwe Mercantile Exchange to aid GMB in national grain reserve management

ZIMBABWE-Zimbabwe Mercantile Exchange (ZMX), a sustainable marketing firm in commodity exchange, has been appointed to aid the Grain Marketing Board (GMB) in the management of the country’s Strategic Grain Reserve (SGR).   Established in 1931, GMB is the country’s leading grain trade and Marketing Company responsible to accord local grain producers a fair share of the local and export markets…

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