Commercial Farmers' Union of Zimbabwe
Biti to present economic review http://www.newzimbabwe.com 25/06/2012 00:00:00by Roman Moyo FINANCE Minister Tendai Biti faces tough choices when he presents his half year economic review this week with the 2012 national budget already thrown off the rails by underperforming revenues with initial growth projections now clearly unachievable. The US$4 billion 2012 National Budget had projected 9,4% economic expansion, underpinned …
$20million IMF funds missing from failed Interfin bank http://www.swradioafrica.com By Tererai Karimakwenda25 June, 2012 An investigation was launched by the Zimbabwe Republic Police this week into the disappearance of $20 million from the International Monetary Fund (IMF), which were given to Interfin Bank by the Finance Ministry. The IMF gave the money to Zimbabwe in 2009 as …
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Manicaland coffee production plunges http://www.thestandard.co.zw Sunday, 24 June 2012 11:38 BY CLAYTON MASEKESAMUTARE — The chaotic land reform programme has resulted in a plunge in coffee production in Zimbabwe, an official from the Confederation of Zimbabwe Industries (CZI) has said. Speaking at the Mutare Press Club recently, a senior official with CZI, Henry Nemaire, attributed the plunge to the …
Court Watch 10/2012 of 22nd June [Prime Ministers Court Case Against President Not Yet Concluded] COURT WATCH 10/2012 [21st June 2012] Prime Minister’s Court Case Against President Not Yet Concluded This bulletin covers the case brought by Prime Minister Tsvangirai, against President Mugabe and the Provincial Governors, contesting thevalidity of the Governors’ re-appointments. It is a case with political implications – …
2012 winter wheat doomed http://www.financialgazette.co.zw/ Friday, 22 June 2012 10:16 Nelson Chenga, Staff Reporter NORTON — The land, tinted by browning vegetation stretches far and wide. Huge swathes of maize fields are yet to be reaped, two months past harvest time. Further afield, even more vast expanses of land lie fallow. An odd green patch here and there …
Zanu (PF)’s Mliswa Attacks Indigenisation http://www.radiovop.com Harare, June 22, 2012 – Zanu (PF) official Temba Mliswa on Thursday launched an astonishing attack on Zimbabwe’s indeginisation programme in the first indication that President Robert Mugabe’s party is not singing from the same hymn book on economic empowerment. Mliswa is believed to be a close associate of Zanu (PF) secretary …
Zimbabweans face new cash crunch http://mg.co.za 21 Jun 2012 14:54 – Jason Moyo Zimbabwean State spending is being targeted in an unpopular move to tighten the country’s purse strings, writes Jason Moyo. Zimbabwean Finance Minister Tendai Biti, a member of the Movement for Democratic Change, has always cast himself as a no-nonsense bureaucrat who never gives in to …
Post-mortem of winter wheat season http://www.theindependent.co.zw/ Friday, 22 June 2012 09:04 Peter Gambara THE winter wheat planting period in now over and indications are that only 4 000 hectares of the crop were actually planted countrywide this year. This is against a target of 50 000 hectares that had been set by government. Wheat takes 140 days to …
Inflation decreases http://www.theindependent.co.zw/ Friday, 22 June 2012 09:49 Staff Writer INFLATION, as measured by the change in the Consumer Price Index (CPI) came in 0,01% lower than the April figure at 4,02% year on year. Month-on-month inflation was 0,07%, 12 bps lower than April’s 0,19%. Annual inflation in Zimbabwe as measured by ZimStats has trended downwards in 2012 …
Tobacco rakes in US$445 million http://www.theindependent.co.zw/ Friday, 22 June 2012 09:50 Gamma Mudarikiri TOBACCO earnings for the current marketing season have so far earned the country US$455 million, 45% ahead of sales for the same period last year which were US$313 million. A total of 122 million kilogrammes have been sold at an average price of US$3,72 per …