Zim engages UAE investment group

By Bruce Chahwanda

The Zimbabwean delegation attending Expo 2020 Dubai has engaged United Arab Emirates Investment Group with a view to widen markets for livestock products and stimulate local production.

Speaking at this Wednesday’s meeting with the United Arab Emirates investment group, the Minister of Lands, Agriculture, Fisheries Water and Rural Resettlement Dr Anxious Masuka noted how Zimbabwe is striving to expand the beef market and become a prime source of beef products for the Middle East market.

Ninety percent of our beef are in the small holder sector. We ensure they are disease-free, good quality of beef and there exists exciting opportunity which we want to exploit for the poultry sector. We are exporting 70 000 crocodile skins annually and we seek to grow that market,” said Dr Masuka.

Head of delegation, the Minister of Industry and Commerce, Dr Sekai Nzenza called for increased investment in the beef value chain.

“As for us, we want to enhance the whole beef value chain to ensure that everything is done locally which is critical for employment creation,” she said.

The UAE investment group has African experience in Sudan and has set its targets on Zimbabwe.

The meeting was attended by Zimtrade Chief Executive Mr Allan Majuru, Reserve Bank of Zimbabwe Deputy Governor Dr Khupukile Mlambo, ZIDA Acting Chief executive officer Ms Duduzile Shinya.

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