Tobacco traders demand higher nostra quota

  Tobacco traders demand higher nostra quota  Financial Gazette 19/4/2018 Ndakaziva Majaka Deputy Markets Editor  TOBACCO merchants have asked the Re­serve Bank of Zimbabwe (RBZ) for high­er nostra allocations in a move aimed at reducing the overall cost of production.  Ethical Leaf Tobacco managing director Doesmatter Muvimbi told The Financial Ga­zette last week that the …

Sugarcane production to reach 5,1m tonnes

Sugarcane production to reach 5,1m tonnes  Financial Gazette 19/4/2018 Tabitha Mutenga Staff Reporter  SUGARCANE production is expect­ed to reach 5,1 million tonnes in 2018 due to increased water harvest and high dam levels.  The water levels in the dams that sup­ply irrigation water to sugarcane farms in the south eastern Lowveld are higher than the …

More farmers sign up for SeedCo prepayment plan

More farmers sign up for SeedCo prepayment plan  Financial Gazette 20/4/2018  Omega Ukama Staff Reporter  SEEDCO has recorded an increase in prepayments for its seed, a de­velopment that shows better plan­ning by farmers in procuring inputs.  The company’s managing director, Danias Zaranyika, said: “I am pleased that an increasing number of farmers are getting into …

Forex shortage hits stock feed makers

Forex shortage hits stock feed makers  Financial Gazette 19/4/2018 Ndakaziva Majaka Deputy Markets Editor  THE stock feed man­ufacturing industry has not been spared from Zimbabwe’s debilitat­ing foreign exchange short­ages, amid indications that failure to service offshore obligations led to a 27 per­cent slump in broiler feed production in the first half of 2017.  Data from …

Zim land reform destroyed safari business

Zim land reform destroyed safari business   THE Financial Gazette’s Supplements Editor Tabitha Mutenga (TM) caught A. up with Darryl Collett (DC), the for­mer owner of Mjingwe Ranch — part of the Bubiana Conservancy in Masvingo province, for a chit chat over the future prospects of Zimbabwe’s wildlife conservation after the 84 000 hectare Bubiana …

Wildlife farmers raise the alarm

Wildlife farmers raise the alarm Tabitha Mutenga Staff Reporter   CONSERVATIONISTS have warned that Zim­babwe’s wildlife numbers have dropped to such low levels that the country’s tourism in­dustry was now under threat. Chaos at the country’s privately owned wildlife conservancies has resulted in Zimbabwe losing more than $10 billion in potential revenue over the past …