The Zimbabwe Cross Border Traders Association (ZCBTA) is working on a programme which will boost the growth of goat production in Matabeleland region so that traders in the area can export the meat to lucrative markets in Asia and some African countries.
In an effort to take advantage of business opportunities that are available in goat production, the ZCBTA has approached the central bank and given the nod to proceed with the project.
Saudi Arabia alone requires nearly 70 000 goats per month while there is overwhelming demand from Equatorial Guinea, Angola and other countries in the continent.
From the US$15 million availed for cross border trading by the Reserve Bank of Zimbabwe, at least US$7 million will be set aside for export of various commodities which include goat meat set to be produced in Matabeleland North and South, according to ZCBTA president, Dr Killer Zivhu.
“The Reserve Bank of Zimbabwe has agreed to sponsor the project as long as we have the market. We are busy putting everything in order that we have all the papers and immediately thereafter we will start to roll out the project,” he said.
The export price for goat meat ranges between US$9 and US$10 per kilogramme but with about 4 million goats countrywide, Zimbabwe has no capacity to meet the demand for the meat with the current population