Premium prices attract small farmers back to coffee growing in Zimbabwe

Premium prices attract small farmers back to coffee growing in Zimbabwe   4/7/2019 Source: Premium prices attract small farmers back to coffee growing in Zimbabwe – Reuters A worker picks coffee beans at Crake Valley Farm in Vumba, Zimbabwe, June 25, 2019. Picture taken June 25, 2019. REUTERS/Philimon Bulawayo HONDE VALLEY, Zimbabwe (Reuters) – David Muganyura smells …

Govt to reintroduce food for work scheme

Govt to reintroduce food for work scheme   3/7/2019 The Herald Sydney Mubaiwa Masvingo Correspondent Government has completed a document which outlines modalities on the implementation of a Food for Work programme, with a Cabinet minister calling for the prioritisation of productive activities largely aimed at achieving food security. In face of the worst drought …

Gweru to set up vegetable market

Gweru to set up vegetable market   3/7/2019 The Herald Munyaradzi Musiiwa Midlands Correspondent GWERU City Council has courted an investor to set up vegetable and fruit market bays that will accommodate at least 5 000 vendors. In an interview, Gweru mayor Councillor Josiah Makombe said the local authority is expected to finalise the deal …

RBZ takes aim at forex speculators

RBZ takes aim at forex speculators   3/7/2019 The Herald Golden Sibanda Senior Business Reporter Government says the sharp hike of the overnight bank rate by the Reserve Bank of Zimbabwe to support the domestic currency will discourage borrowing for currency speculation  as well as protect the value of the local unit, but will subsist …

UZ tackles poaching crisis through film

UZ tackles poaching crisis through film   3/7/2019 The Herald Rebecca Kabaya Arts Reporter The University of Zimbabwe (UZ) recently premièred an African Wildlife Foundation film titled, “Sides of a Horn,” to raise awareness on the poaching crisis facing the Africa continent. The short film, which was released worldwide, was written and directed by Toby …

Zim to import 800 000t of grain: ED

Zim to import 800 000t of grain: ED   3/7/2019 The Chronicle Takunda Maodza, Manicaland Bureau Chief ZIMBABWE will import 800 000 tonnes of maize after receiving poor rains last season which led to a drought, President Mnangagwa has said. The country is already in negotiations with potential suppliers, including Tanzania which has promised to help. …

Millers to do away with middlemen

Millers to do away with middlemen   3/7/2019 The Chronicle   Midlands Reporter THE Grain Millers’ Association of Zimbabwe (GMAZ) is considering eliminating the role of wholesalers in the distribution of basic commodities to make them affordable to consumers. Addressing retailers during a consultative meeting last week in Gweru, GMAZ chairperson, Mr Tafadzwa Musarara, said …

Interbank rate overtakes black market

Interbank rate overtakes black market   3/7/2019 The Chronicle Pamela Shumba, Senior Reporter  THE interbank exchange rate has surpassed parallel market rates with some banks offering more in local currency for those exchanging their foreign currency. Government last week outlawed the use of multiple currencies through new regulations that compel all forms of transactions to be …