Standard Bank Mozambique PMI: Output levels improve again in March, but employment falls
Photo: The Herald
Zimbabwe’s’ move to utilize local expertise in the construction and education sectors has received thumbs-up from Mozambican authorities, who are willing to tap into that expertise to develop home-grown solutions in these sectors.
Speaking at her offices in Beira on Monday morning ahead of the ZimTrade Outward Trade Mission to Beira, which starts today up to Thursday, Secretary of State in the Province of Sofala, Her Excellency Cecilia Sandra Jeronimo Francisco Chamutota said they are excited to welcome the Zimbabwean business delegation to Sofala for the trade mission.
Minister of State for Manicaland Provincial Affairs and Devolution, Advocate Misheck Mugadza will be leading a high-powered business delegation from Manicaland during the Outward Trade Mission.
The Zimbabwean delegation was expected in Beira later on the day.
Her Excellency Chamutota reiterated the strong relationship between Zimbabwe and Mozambique, which she said should be strengthened in all sectors, including private entities.
“Zimbabwe and Mozambique enjoy strong relationships in several sectors, and we should continue strengthening these partnerships. Little is happening in private sector partnerships, which we need to strengthen.
“I would like to thank you for organising this mission, and we look forward to hosting the Minister of State for Manicaland Provincial Affairs and Devolution and his delegation to Sofala Province. We must continue working together in all sectors.
“Zimbabwe is doing so well in the education and construction sectors, which our local institutions should tap into. I am happy to note that we have tertiary institutions and players in the construction industry as part of the delegation visiting us. We will use this opportunity to tap into their expertise,” said Her Excellency Chamutota.
She said there are many investment opportunities in Gorongosa area and tertiary institutions can use their expertise to research in the agricultural sector.
“I am prepared to have more discussions with the education sector to see which areas we can partner in, especially in agricultural research in Gorongosa area. We also want to learn from players in the construction sector as Zimbabwe is doing extremely well in that sector. We will continue exploring more investment opportunities and markets between the two sister nations,” she said.
Companies that will be participating in the Outward Trade Mission include those in the agriculture, furniture making, life assurance, education, fast consumer moving goods, engineering and construction sectors.
About 15 companies will be in Mozambique for the mission.
ZimTrade Eastern Region manager, Mr Admire Jongwe said they are seeking to cement trade relationships between the two countries.
“We have brought 15 companies from Zimbabwe for this Outward Trade Mission to look for markets and products that we can also take back home. During the mission, we will be visiting and meeting players in various sectors to cement trade relationships between companies in Beira and Zimbabwe. We also want to strengthen the economic bond between the two nations,” said Mr Jongwe.
Speaking earlier on, Minister Mugadza said: “I will be leading a business delegation to Beira for a trade mission. We have a lot to learn from each other as brothers and sisters.
“We want to ensure that both countries benefit from the Beira Corridor. Our Presidents, Dr Emmerson Mnangagwa and his Mozambican counterpart, His Excellency Daniel Chapo, enjoy a cordial relationship, and as their foot soldiers, we should take a leading role in working together to strengthen our economies through trade.
“We look forward to playing our part and seeing a tremendous increase in trade volumes,” said Advocate Mugadza.
Zimbabwe and Mozambique enjoy a longstanding trade relationship, with both countries leveraging each other’s strengths to foster economic growth.
The trade dynamics between these two neighbouring nations are influenced by various factors, including geographical proximity, historical ties, and economic complementarities.
Trade between Zimbabwe and Mozambique encompasses a diverse range of goods and services. Zimbabwe primarily exports dairy, tobacco, minerals, and manufactured products to Mozambique, while Mozambique exports prawns, cashew nuts, and timber to Zimbabwe.
The two countries also engage in cross-border trade, with informal trade playing a significant role in the bilateral trade relationship.
Exports from Zimbabwe to Mozambique increased from $397.7 million in 2023 to $487.6m in 2024, showing a 23 percent growth.
Mozambique is currently Zimbabwe’s fourth-largest export destination, with potential for further growth.
🚀 Ready to expand into Mozambique? 🇲🇿
Our Beira market survey has uncovered opportunities for local businesses in:
✅ Processed foods
✅ Building materials
✅ Agricultural inputs
✅ PPE/leather goods
✅ Horticulture
Register today!
📸 See flyer for full details… pic.twitter.com/H2wYLgq7PO— ZimTrade (@ZimTradeAlerts) June 16, 2025
Leave a Reply
Be the First to Comment!
You must be logged in to post a comment.
You must be logged in to post a comment.