https://allafrica.com/stories/202203050077.htm

March 5, 2022

Exports from Zimbabwe earned the country US$6,03 billion in the year 2021, exceeding the target set in the National Development Strategy 1 economic blueprint owing to numerous export promotion facilities, data released by government's statistical agency, ZimStat shows 

Zimbabwe Records Highest Ever Foreign Currency Receipts in 2021

"Zimbabwe recorded its highest ever foreign currency receipts of 9.7 billion U.S. dollars in 2021, up by 53.5 percent from a year earlier, Reserve Bank of Zimbabwe (RBZ) said on Monday." In the statement, John Mangudya, governor of the RBZ, noted that export proceeds in 2021 contributed 6.194 billion dollars to the bulk of the receipts.

Government in Discussions with Mining Parastatals About Listing on the Victoria Falls Stock Exchange (VFEX)

Government has started engagements with parastatals that earn foreign currency, to list on the United States dollar denominated Victoria Falls Stock Exchange (VFEX), Finance and Economic Development Minister Professor Mthuli Ncube has said. He hopes that they will list within the next three months.

Improvement of Zim trade balance

Zimbabwe’s balance of payments position continues to strengthen, after surging 4,25 percent in 2020 compared to the same period last year on account of strong growth in exports.

Opening of the 2018 ZimTrade Exporters’ Conference in Harare.

President Mnangagwa said the country will soon unveil critical pieces of legislation including the new Industrial Development Policy, as the drive towards an export-led industrialisation agenda gathers momentum.The President said this while officially opening the 2018 ZimTrade Exporters’ Conference in Harare. The conference ran under the theme “Accelerating export growth for sustainable economic development”.