Staff Reporter
Zimbabwe has enough grain stocks to sustain the nation until the next harvest in April, bringing relief to millions of citizens who depend on maize and other staple grains.
This was confirmed by the Minister of Information, Publicity, and Broadcasting Services, Dr. Jenfan Muswere, during a post-Cabinet media briefing, in Harare, on Tuesday.
“The Grain Marketing Board (GMB) currently holds sufficient reserves to meet national demand.
“This ensures that the country remains food secure until the next harvest, despite challenges posed by climate change and global economic conditions,” Dr. Muswere said.
His statement comes at a crucial time when food security remains a top priority, especially given climate-related uncertainties affecting agricultural output in the region.
Following the Reserve Bank of Zimbabwe (RBZ)’srecent Monetary Policy Statement, the Government has outlined several economic measures aimed at stabilising the economy, with a strong focus on supporting micro, small, and medium enterprises (MSMEs). These measures are designed to enhance liquidity, control inflation, and encourage investment.
Among the key adjustments is the modification of the foreign currency retention ratio for exporters, which has been revised from 75%:25% to 70%:30%. Additionally, the central bank has introduced new policies to lower bank charges and establish minimum deposit interest rates.
“These adjustments are meant to create a more favourable financial environment for businesses and individuals.
“We are prioritising measures that encourage investment, stimulate economic growth, and support small businesses that drive our economy,” said Dr. Muswere.
In other developments, the Cabinet also reviewed a report from the recent joint SADC-EAC summit on the Democratic Republic of the Congo (DRC). While details of the discussions were not fully disclosed, the Government reaffirmed its commitment to regional cooperation and security initiatives.
Meanwhile, preparations are in full swing for the 2025 National Youth Day celebrations, set to take place next week at Barbourfields Stadium in Bulawayo. The event, themed “Empower Youth, Secure the Future,” is expected to attract around 20,000 young people and serve as a platform for showcasing their entrepreneurial ventures, talents, and contributions to national development.
“We want to create opportunities for young people to network, showcase their skills, and be inspired to contribute positively to the country’s future,” said Dr. Muswere.
As a precursor to the main event on February 21, pre-celebrations will be held on February 20, drawing approximately 5,000 youths from schools, colleges, and universities in Bulawayo and surrounding provinces.
“The celebrations will feature a sporting and cultural festival, youth exhibitions, a clean-up campaign, and a community outreach program focusing on drug and substance abuse awareness,” said Dr. Muswere.
Additionally, the First Lady, Dr. Auxillia Mnangagwa, will host a special Ixhiba/Nhanga/Gota session, a traditional mentorship program that promotes cultural values and moral development among young people.
With these initiatives, the Government continues to address key socio-economic challenges while reinforcing efforts to empower the youth, stabilise the economy, and ensure food security for all Zimbabweans.
