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NewsDay

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Zimtrade engages Mutare banana producers

Business
The country’s export promotion body ZimTrade, will conduct export awareness training to over 20 banana producers in Honde Valley today with the aim to develop and enhance export skills of banana producers as well as inculcate a culture of formal and organised export trade.

The country’s export promotion body ZimTrade, will conduct export awareness training to over 20 banana producers in Honde Valley today with the aim to develop and enhance export skills of banana producers as well as inculcate a culture of formal and organised export trade.

BY BUSINESS REPORTER

In a statement yesterday, ZimTrade said it would utilise export awareness training as an opportunity to unpack the trade agreements to which Zimbabwe is a signatory and to explain regulations which govern the exportation of bananas.

In a research conducted by USAID in 2014, it was established that Honde Valley has the capacity to produce 15 000 tonnes of bananas per annum, worth $4,5 million.

banana producers

According to Trade Map, Zimbabwean banana exports have been fluctuating from $424 000 in 2011, $89 000 in 2012 and no exports being recorded in 2013 .There was a slight recovery in 2014 when exports reached $72 000.

ZimTrade said there are opportunities to grow banana exports to countries such as Namibia and Botswana, the two predominantly desert countries without commercial banana production.

From 2010 to 2014, the import bill for bananas for the two countries averaged $9 million per year with South Africa being the major supplier.