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Important Contacts
The Ministry of Agriculture, Mechanization and Irrigation DevelopmentNgungunyana Building,1 Borrowdale Road, Harare+263 4 708794
Agriculture Marketing AuthorityFirst Street and Union Avenue4th Floor Unity Court Building, Harare
Commercial Farmers UnionAgriculture HouseAdyliss and Marlborough Drive, Marlborough, Harare+263 4 309800-19
Tobbacco Industry Marketing BoardCorner Simon Mazorodze Road and Stonebridge RoadWaterfalls, P.O.Box UA214 Union Avenue, Harare+263 4 614431
Agricultural Rural Development Authority3 McCrery Avenue, South EastleaP.O.Box CY 1420 CausewayHarare+263 4 705841-6
Zimbabwe Investment AuthorityInvestment House, 109 Rotten Row, Harare, P.O.BOX 5950, Harare, Zimbabwe, Tel:+2634757931-6, +2634759911-5, +2634780140-5, Fax:+2634773843, Email: [email protected], URL: www.zia.co.zw
AGRICULTUREDOING BUSINESS IN ZIMBABWE
INVEST IN ZIMBABWE
Overview of Sector
The Agriculture sector is the mainstay of the economy which contributes 15.5% of the country’s Gross Domestic Product. It is characterized by diverse investment opportunities ranging from the production of cash crops, production of strategic crops, mechanization, horticulture and the upgrading of agricultural equipment and livestock. There are a wide array of investment opportunities in Agriculture that have the potential to boost the sector’s viability.
Agricultural Production, Main Products (000 tons).
PRODUCT 2005 2006 2007 2008 2009 2010
Tobacco 74 55 80 56 59 125
Maize 750 1,485 953 575 1,240 1,300
Beef 90 90 95 90 93 95
Cotton 198 260 235 226 211 260
Sugar 430 447 442 298 259 350
Horticulture 60 64 66 60 35 43
Wheat - - - 34 48 20
Opportunities In The Agricultural Sector.
Project No Project Title
1 National Irrigation Rehabilitation and Development Programme.
2 Livestock Capacity Building.
3 Rehabilitation of Cattle Infrastructure.
4 Pig Industry Board/Poultry
5 Small Stock Breeding and Multiplication Centres in Matebeleland South Province. 6 Matebeleland South Enhancing beef production through paddock and rotational grazing in the Gwanda District.
7 Rehabilitation of Infrastructure for Animal Health Extension Services.
8 Dairy Development Project.
9 Agro-Processing / Value Addition.
10 Recapitalization of the Cold Storage Commission (C.S.C).
11 Aqua Culture e.g Binga Inshore Fisheries Development and Marketing.
12 Increasing Rice Production in Zimbabwe.
Project No Project Title
13 Improved Horticultural Productivity in Irrigation Schemes
14 Grain Marketing Board Contract farming for ground nuts, popcorn,
15 Cotton Farming
16 Potato Farming
17 Farm Mechanization Programs
18 Contract Farming
Fiscal Incentives In Agriculture
Farmers Special DeductionsFarmers are allowed special deductions over and above the normal deductions. Examples include expenditure on fencing, clearing and stamping land, sinking boreholes and wells and on aerial and geophysical surveys.
Value Added TaxFarming inputs and equipment are subject to VAT at 0%. Most farm inputs such as animal feed, animal remedy, fertilizer, plants, seeds and pesticides and equipment or machinery used for agricultural purposes are zero rated.
Investing In Zimbabwe By Foreign Investors
Foreign investors are welcome to invest in Zimbabwe in sectors of their preference provided
encouraged to enter into joint venture partnerships with local Investors.
Source: Ministry of Agriculture.
Overview of Sector
The Agriculture sector is the mainstay of the economy which contributes 15.5% of the country’s Gross Domestic Product. It is characterized by diverse investment opportunities ranging from the production of cash crops, production of strategic crops, mechanization, horticulture and the upgrading of agricultural equipment and livestock. There are a wide array of investment opportunities in Agriculture that have the potential to boost the sector’s viability.
Agricultural Production, Main Products (000 tons).
PRODUCT 2005 2006 2007 2008 2009 2010
Tobacco 74 55 80 56 59 125
Maize 750 1,485 953 575 1,240 1,300
Beef 90 90 95 90 93 95
Cotton 198 260 235 226 211 260
Sugar 430 447 442 298 259 350
Horticulture 60 64 66 60 35 43
Wheat - - - 34 48 20
Opportunities In The Agricultural Sector.
Project No Project Title
1 National Irrigation Rehabilitation and Development Programme.
2 Livestock Capacity Building.
3 Rehabilitation of Cattle Infrastructure.
4 Pig Industry Board/Poultry
5 Small Stock Breeding and Multiplication Centres in Matebeleland South Province. 6 Matebeleland South Enhancing beef production through paddock and rotational grazing in the Gwanda District.
7 Rehabilitation of Infrastructure for Animal Health Extension Services.
8 Dairy Development Project.
9 Agro-Processing / Value Addition.
10 Recapitalization of the Cold Storage Commission (C.S.C).
11 Aqua Culture e.g Binga Inshore Fisheries Development and Marketing.
12 Increasing Rice Production in Zimbabwe.
Project No Project Title
13 Improved Horticultural Productivity in Irrigation Schemes
14 Grain Marketing Board Contract farming for ground nuts, popcorn,
15 Cotton Farming
16 Potato Farming
17 Farm Mechanization Programs
18 Contract Farming
Fiscal Incentives In Agriculture
Farmers Special DeductionsFarmers are allowed special deductions over and above the normal deductions. Examples include expenditure on fencing, clearing and stamping land, sinking boreholes and wells and on aerial and geophysical surveys.
Value Added TaxFarming inputs and equipment are subject to VAT at 0%. Most farm inputs such as animal feed, animal remedy, fertilizer, plants, seeds and pesticides and equipment or machinery used for agricultural purposes are zero rated.
Investing In Zimbabwe By Foreign Investors
Foreign investors are welcome to invest in Zimbabwe in sectors of their preference provided
encouraged to enter into joint venture partnerships with local Investors.
Source: Ministry of Agriculture.
Important Contacts
The Ministry of Agriculture, Mechanization and Irrigation DevelopmentNgungunyana Building,1 Borrowdale Road, Harare+263 4 708794
Agriculture Marketing AuthorityFirst Street and Union Avenue4th Floor Unity Court Building, Harare
Commercial Farmers UnionAgriculture HouseAdyliss and Marlborough Drive, Marlborough, Harare+263 4 309800-19
Tobbacco Industry Marketing BoardCorner Simon Mazorodze Road and Stonebridge RoadWaterfalls, P.O.Box UA214 Union Avenue, Harare+263 4 614431
Agricultural Rural Development Authority3 McCrery Avenue, South EastleaP.O.Box CY 1420 CausewayHarare+263 4 705841-6
Zimbabwe Investment AuthorityInvestment House, 109 Rotten Row, Harare, P.O.BOX 5950, Harare, Zimbabwe, Tel:+2634757931-6, +2634759911-5, +2634780140-5, Fax:+2634773843, Email: [email protected], URL: www.zia.co.zw
AGRICULTUREDOING BUSINESS IN ZIMBABWE
INVEST IN ZIMBABWE