Banks, Paynet stalemate stalls transactions

Banks, Paynet stalemate stalls transactions   17/6/2019 The Herald Golden Sibanda Senior Business Reporter BULK payments service provider, Paynet Zimbabwe, has accused banks of greed in refusing to pay fees in foreign currency for using its payments platform despite pocketing a cumulative US22 million last year. Paynet Zimbabwe, a subsidiary of financial payments technology service …

Zim hosts Africa’s wildlife summit

Zim hosts Africa’s wildlife summit   17/6/2019 The Herald Nesia Mhaka Herald Reporter President Mnangagwa will join other dignitaries from various countries and organisations at Africa’s Wildlife Economy summit in Victoria Falls next week, to discuss ideas on the conservation of Africa’s natural environment. The conference is sponsored by the African Union (AU) and United …

Government promotes partnerships to boost agriculture productivity

Government promotes partnerships to boost agriculture productivity   15/6/2019 The Chronicle Elita Chikwati, Harare Bureau Government has pledged to continue supporting partnerships between private sector and the State to boost agricultural productivity that ensures food security and economic development. The State will also continue to implement innovative agricultural programmes and adopt robust policies to further reinvigorate …

Livestock sector sheds skin

Livestock sector sheds skin   17/6/2019 The Sunday Mail Tendai Chara The recent launch of the US$45 million Zimbabwe Agricultural Growth Programme (ZAGP) is set to transform the livestock sector, which is facing a plethora of challenges, chief among them being regular disease outbreaks and the soaring cost of feedstock. Unavailability of funding, droughts, inadequate …

Paynet switches off banks 1

Paynet switches off banks    14/6/2019 Indepenent Local transactions grounded Provider demands payment in forex PAYNET, a subsidiary of Mauritian financial services provider Payserv Africa, has suspended all local financial institutions from its transacting platform after they refused to pay in foreign currency for its services.This has had the knock-on effect on RTGS payments. Kudzai …

Paynet switches off banks

Paynet switches off banks    14/6/2019 Indepenent Local transactions grounded Provider demands payment in forex PAYNET, a subsidiary of Mauritian financial services provider Payserv Africa, has suspended all local financial institutions from its transacting platform after they refused to pay in foreign currency for its services.This has had the knock-on effect on RTGS payments. Kudzai …

Zim farmers smell the tea and coffee

Zim farmers smell the tea and coffee   16/6/2019 The two commodities, which are fetching higher export prices, are on the rebound in the country. Source: Zim farmers smell the tea and coffee | IOL Business Report Freshly harvested coffee cherries on Crake Valley Farm, Zimbabwe. Credit: Crake Valley Farm, Boswell Brown INTERNATIONAL – Farmers in Zimbabwe’s …

Millers hail new maize producer price

Millers hail new maize producer price    15/6/2019 Victor Maphosa Herald CorrespondentTHE grain milling industry has commended the Government’s recent decision to review maize producer price upwards.In a statement, Grain Millers’ Association of Zimbabwe national chairman Mr Tafadzwa Musarara said the review would improve maize deliveries to the Grain Marketing Board (GMB). “The grain milling …