Bread shortage to persist

Bread shortage to persist  Tabitha Mutenga Features Editor Financial Gazette 26/6/2019  THE current bread shortages are expected to spill into 2020 af­ter the country failed to meet its wheat planting target of 75 000 hectares, government has said.  Zimbabwe is facing an acute short­age of bread, whose price nearly doubled yesterday to $7, 28, as …

The Power of Dung: Biodigesters creating opportunities for farmers

The Power of Dung: Biodigesters creating opportunities for farmers   27/6/2019 The Herald Katie Kennedy Freeman Correspondent For decades, clean cooking and specifically clean cooking technology, has been more of an energy thing.   Stoves are designed by engineers, promoted by Ministries of Energy and sold in the context of improving combustion for a cleaner cooking …

Govt calls for plant Act enforcement

Govt calls for plant Act enforcement   27/6/2019 The Herald Cletus Mushanawani Mash Central Bureau THE Ministry of Lands, Agriculture, Water, Climate and Rural Resettlement will continue to develop appropriate legislation, regulations and policies to facilitate agriculture and agribusiness. In a speech read on her behalf by the acting director in her office, Mr Admore …

Milk output up

Milk output up   27/6/2019 Livestock and Meat Advisory Council The Chronicle Oliver Kazunga, Senior Business Reporter ZIMBABWE’S milk output for the first quarter increased by 14 percent to 19,4 million litres compared to the same period last year, the Livestock and Meat Advisory Council has said. In its latest report for the period under review, …

Prof Ncube slams debt takeover practice

Prof Ncube slams debt takeover practice   27/6/2019 The Chronicle Golden Sibanda, Harare Bureau Government may not take over the debts of State-owned entities such as Air Zimbabwe and Zisco, touted as critical to making them more attractive to investors, after Finance and Economic Development Minister Professor Mthuli Ncube indicated that automatic debt takeover was not …

Currency reforms need support of all Zimbabweans

EDITORIAL COMMENT: Currency reforms need support of all Zimbabweans   27/6/2019 The Chronicle Government on Tuesday removed the multi-currency regime and restricted domestic transactions to local currency renamed Zimbabwe dollar. The multi-currency system has been in operation since 2009 which means the country has been without its own currency for a decade.  The removal of …

Requirements to keep Transfer Pricing documentation

Requirements to keep Transfer Pricing documentation   27/6/2019 The Chronicle Legislation The administration of Transfer Pricing (TP) documentation is governed under section 98 B of the Income Tax Act (Chapter 23:06) as read with the 35th schedule of the same Act. Further details pertaining to TP documentation are provided for in Statutory Instrument 109 of …

New regulations tame bourse arbitrage window

New regulations tame bourse arbitrage window   27/6/2019 The Chronicle Oliver Kazunga, Senior Business Reporter THE 90-day disposal window of dual listed securities or shares bought by investors on the Zimbabwe Stock Exchange is a positive move as it tames arbitrage opportunities and externalisation of funds, economic analysts said yesterday. The Reserve Bank of Zimbabwe (RBZ) …

‘Crop research critical for improved food security’

‘Crop research critical for improved food security’   27/6/2019 The Chronicle Pamela Shumba, Senior Reporter  THE development of research is critical in ensuring improved food security in the country, the First Lady Amai Auxilia Mnangagwa has said. Speaking after touring the International Crops Research Institute for Semi-Arid Tropics (Icrisat) in Matobo yesterday, Amai Mnangagwa said climate …