Home Agriculture Zim’s Food security a trigger to sustainable economic development

Zim’s Food security a trigger to sustainable economic development

0

Story by Davison Vandira

THE country’s agriculture transformation towards an US$eight billion economy is now a reality with the country boasting of being food secure.

With Zimbabwe being an agro based economy, economists are confident the country is on course to retain its bread basket status.

Zimbabwe’s economic development matrix is well placed in the agriculture industry as 60% of the country’s population directly and indirectly relies heavily on this industry through employment in addition to their general socio-economic wellbeing.

Under the Second Republic’s administration, the agriculture sector has seen enormous transformation as currently only Zimbabwe and Ethiopia in Africa are wheat secure with the country boasting a buffer of eight months with 177 000 metric tonnes a feat that was alien about three years ago as the country would require substantial amount of foreign currency to import wheat.

It is in this regard that the Zimbabwe Farmers Union is excited that the food security status is going to enhance the country’s development trajectory as produce from the sector is the primary raw material to food manufacturers in the country.

“As Farmers, we are over the moon with the development of being food secure as a nation and when you look at employment statistics and other macroeconomic indicators you realise that they have a bearing on how agriculture would have performed for that particular year,” said Zimbabwe Farmers Union Executive Director, Mr Paul Zakariya.

According to Economist, Mr Persistence Gwanyanya, the economic significance of the country being food secure cannot be downplayed as key macroeconomic indicators like inflation, employment and trade balance directly feeds from agriculture performance hence the status quo should be celebrated.

“These statistics given by GMB are very critical to Zimbabwe’s economic journey going forward as being food secure guarantees proper planning and when one considers that in the past we used to require about 20 Million united states dollars on a weekly basis to import wheat one realises that having the capacity to produce our own is sacrosanct,” he said.

Government is currently implementing measures to make sure that they enhance the food security status by making sure the staples are affordable and accessible to every corner of the country.