Zim eyes rice production to cut imports

ZIMBABWE could cut annual rice importation expenditure of over $100 million and save the much-needed foreign currency, if the country starts commercial rice production.

The country imports over 95% of its rice despite having ample production capacity underpinned by growing domestic demand for the crop.

According to the Zimbabwe National Statistics Agency latest report, the country splashed $13,1 million on rice imports in February 2018 alone.

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