Agriculture insurance uptake subdued

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ZIMBABWE’S uptake of agricultural insurance remains subdued despite the sector being one of the major drivers of the economy, an industry official has said.
Zimbabwe’s economy is agro-based, with agriculture contributing about 17 percent to the country’s gross domestic product and about 60 percent of raw materials to the manufacturing industry.

Tendai Karonga, the Insurance Council of Zimbabwe executive director said that a lack of insurance products that address the needs of small-holder and subsistence farmers was among factors contributing to the low uptake.