Business

Subdued trade worries Zimbabwe, Tanzania

NewsDay Staff ·

Subdued trade worries Zimbabwe, Tanzania

TRADE between Zimbabwe and Tanzania remains “invariably low and worrisome”, authorities said on Tuesday as official data showed goods and services worth US$26 million have flowed to both countries so far this year.

This figure is cause for concern with authorities feeling the strong diplomatic ties between the two countries must translate into economic gain.

Tanzania played a crucial role in Zimbabwe’s fight against colonialism in the 1970s liberation war, and the two countries have been working towards deepening economic ties since Zimbabwe gained independence 42 years ago.

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