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Macro Finance

Zimbabwe to Cancel Import Duty on Food as Cushion From El Nino

Bloomberg Markets·October 2, 2026·1 min read

Zimbabwe plans to cancel duty on food imports to cushion prices from the impact of potential crop shortages caused by the El Nino weather pattern, said Finance Minister Mthuli Ncube. The move aims to stabilize food costs amid drought concerns.

Read at Bloomberg Markets
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