Commercial Farmers' Union of Zimbabwe
RBZ closes two troubled banks http://www.newzimbabwe.com 11/06/2012 00:00:00 by Business Reporter THE central bank has closed Genesis Investment Bank and placed Interfin Bank under curatorship for six months in a bid to prevent problems at the two institutions triggering sector-wide contagion. RBZ chief Gideon Gono said Monday Genesis Bank handed back its operating licence after failing to meet …
British hunter killed by buffalo he was trying to shoot http://www.telegraph.co.uk A British man working as a professional hunter on a private game reserve in Zimbabwe has been killed by a wounded buffalo he was trying to shoot. By Peta Thornycroft, Aislinn Laing in Johannesburg 2:45PM BST 11 Jun 2012 Owain Lewis, 67, had been tracking …
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Govt faces US$300m Green Fuel tab http://www.newzimbabwe.com 11/06/2012 00:00:00 by Staff Reporter THE government would have to pay more than US$300 million to complete its proposed takeover of the Green Fuel ethanol project, sources close to the company have insisted. Agriculture Minister Joseph Made announced Monday that the government had taken over majority control of the US$600 million …
Evicted Farmers Supplying Bulk Of Imported Maize http://www.radiovop.com Bulawayo, June 11, 2012- The bulk of imported maize being supplied to hungry Zimbabweans is coming from former white commercial farmers evicted during the 2000 chaotic land invasions and now farming in Zambia. Recipients of the government’s grain loan scheme in Matabeleland were last week shocked to discover that the …
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Plans to expand Kariba power plant hit snag http://www.thestandard.co.zw/ Monday, 11 June 2012 12:15 BY NQABA MATSHAZIPLANS by Zimbabwe to add two more generators to Kariba South have all but hit a brick wall, with the authority responsible for Kariba Dam saying the project was not feasible. Zimbabwe, which shares the Kariba dam with Zambia, was hoping …
Vehicle registration exposes Goche http://www.thestandard.co.zw/ Monday, 11 June 2012 12:36 BY CAIPHAS CHIMHETETHE scrapping of the vehicle registration extension deadline, barely a week after the reprieve, has exposed the confusion, indecisiveness and general inefficiency that has rocked the Ministry of Transport, Communication and Infrastructural Development, for the past few years. Analysts said it was little wonder Nicholas Goche, …
Zesa employees cash in on defaulting residents http://www.thestandard.co.zw/ Monday, 11 June 2012 14:54 BY JENNIFER DUBEHARARE — Some Zimbabwe Electricity Supply Authority (Zesa) employees are cashing in on desperate Glen Norah residents, charging them an average of US$30 per household to avoid power disconnection, a residents’ rights organisation has said. The Harare Residents’ Trust (HRT) last week said …
Worthy Cassava transformed into lucrative cash crop in Mozambique 2012-06-09) The seeds of prosperity for some rural Africans may lie in a crop that has sustained them with calories for centuries but has generated virtually no wealth for their poor countries. Cassava – with its starchy root used to make tapioca – thrives in Africa’s …
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Judge confirms finding on Zim abuses http://www.iol.co.za June 8 2012 at 01:55pm ZELDA VENTER High Court Reporter THE PRETORIA High Court yesterday turned down an application by the National Director of Public Prosecutions (NDPP) and the commissioner of police for leave to appeal against a judgment delivered last month where the court ruled that these authorities have a …
Zimbabwe nets USD95 million from tobacco exports http://www.afriquejet.com Harare, Zimbabwe – Zimbabwe earned US$95 million from tobacco exports in the first half of the year, an industry representative group said on Saturday. In a statement, the Tobacco Industry Marketing Board said the bulk of the crop was exported to China, with South Africa in second place. It said …
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