Commercial Farmers' Union of Zimbabwe
White farmers happy with US$1m payment Herald 28/6/2021 Zimbabwe’s Finance Minister Mthuli Ncube(right) poses with Commercial Farmers’ Union president Andrew Pascoe after the signing ceremony at State House in Harare, Zimbabwe, on July 29, 2020. Golden Sibanda-Senior Business Reporter WHITE former commercial farmers who lost farmland under the Government sponsored land reform programme two …
COMMENT: Kudos to Kuvimba Mining House Chronicle 26/6/2021 The Government has a number of longstanding obligations that it has been battling to meet. Due to the prevailing economic challenges caused by illegal western sanctions, we had no idea how the Government was to pay compensation to white former commercial farmers for improvements they made …
Two Decades After Land Grab, Zimbabwe Starts Paying Farmers Godfrey Marawanyika, Antony Sguazzin3-3 minutes 6/23/2021 Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Zimbabwe made its first compensation payment as part of an agreement to settle a dispute with White commercial farmers who had their land seized violently two decades ago. The …
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JUST IN: Kuvimba Mining House pays US$5,2 million dividend 0 June 23, 2021 1:50 PM Source: JUST IN: Kuvimba Mining House pays US$5,2 million dividend | Herald (Top Stories) Minister Mthuli Ncube Business Writer Kuvimba Mining House (KMH) has paid an inaugural US$5.2 million dividend to Government and other local shareholders following a positive performance during the …
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56 Rusape resettled farmers spared eviction – NewsDay Zimbabwe 10/6/2021 BY KENNETH NYANGANI THE 56 Rusape farmers, who were facing eviction from Nyamasanga Farm in Makoni district, yesterday heaved a sigh of relief after government decided to compensate Bongani Mlambo, the original farm owner. The farmers were allocated plots at Nyamasanga Farm under A1 and …
Govt, ex-farmers amend land deal May 13, 2021 Staff Reporter Agriculture & Enviroment, Farming & Enviroment 0 Prof. Mthuli Ncube The government and representatives of the former commercial farmers have signed amendments to the US$3.5bn compensation deal after Harare conceded that it has no capacity to pay the initial US$1.75bn by July as agreed, Business Times can report. The official …
Mnangagwa’s fresh headache eDuzeNet 26/2/2021 Cash-strapped government is struggling to raise US$1.75bn to compensate former commercial white farmers who lost their farms under the land reform programme amid revelations a bid to raise funding from development partners and other international financiers has hit a brick wall, Business Times reported. Under the agreement signed at State …
Kuvimba primed to anchor key mining projects 0 January 10, 2021 5:48 PM Source: Kuvimba primed to anchor key mining projects | Sunday Mail (Business) Martin Kadzere IN 2019, the Government launched a roadmap to grow the mining sector to US$12 billion by 2023 through leveraging on the country’s diverse mineral wealth. Some critics described the plan …
Kuvimba eyes Globe and Phoenix stake Chronicle 8/1/2021 Prof Mthuli Ncube Martin Kadzerek, Harare Bureau Kuvimba Mining House, a diversified mining firm owned by the Government and foreign investors, intends to acquire Globe and Phoenix Gold Mine in Kwekwe, officials have said. The mine, which was founded in 1894 by two prospectors, Edward Thornton …
Windfall for victims of policy Herald 22/12/2020 Prof Ncube Ishemunyoro Chingwere Business Reporter Government has identified five special interest groups, among them those that suffered losses as a result of the country’s currency reform strategy, plus the rest of society as beneficiaries of its stake in the newly established mining giant, Kuvimba Mining House. …