New farmers to dominate the cane industry

New farmers to dominate the cane industry After a decade of land redistribution the agricultural sector has witnessed all its sectors redefined according to the new rules as dictated by Agrarian reform with the sugar cane industry, once considered privy to the monopoly of the Hippo Valley sugar plantations, seeing the birth of a strong …

Platinum miners tumble as Zimbabwe turns up the heat

Platinum miners tumble as Zimbabwe turns up heat http://www.reuters.com/ Mon Mar 28, 2011 7:15am EDT * Zimbabwe gives miners 6 months to sell majority stakes * Platinum shares tumble * Mugabe not backing down on company seizures By Ed Stoddard JOHANNESBURG, March 28 (Reuters) – Shares in South Africa-listed platinum miners tumbled on Monday as neighbouring …

Zim taking foreign owned mines

Zim taking foreign-owned mines http://www.timeslive.co.za Mar 28, 2011 1:52 PM | By Sapa-AFP All foreign-owned mining companies in Zimbabwe will be required to sell majority stakes to locals within six months, under new regulations. The controversial Indigenisation and Economic Empowerment Act issued last year, required all foreign firms valued at more than $500, 000 to sell 51 percent …

Meeting immediate need vs conservation

Meeting immediate need vs conservation http://www.thestandard.co.zw/ Saturday, 26 March 2011 19:41 By chipo masara IN today’s world where people are generally willing to do just about anything for riches, most would go to the most outrageous lengths to self-enrich.This has inevitably led to the world now seeing the worst cases of environmental degradation as man makes maximum use …

Boka tobacco auction floors open

Boka Tobacco auction Floors Open http://www.thestandard.co.zw/ Saturday, 26 March 2011 20:32 The tobacco-selling season, which has been experiencing hurdles, has kicked off on a better note following the resurgence of the Boka Tobacco Auction Floors. The reopening is set to increase buyers’ competition which would translate into favourable prices to farmers. By Friday, a number of farmers, most …

AU warns against nationalisation

AU warns against nationalisation http://www.thestandard.co.zw/ Saturday, 26 March 2011 20:34 FROM KHOLWANI NYATHI  IN ADDIS ABABA The African Union Commission (AUC) and the Economic Commission for Africa (EAC) have warned against the nationalisation of strategic companies at a time when Zimbabwe is threatening to seize foreign-owned firms. President Robert Mugabe said his government would take over Western companies …

Agricultural pillars critical to agric recovery

Agriculture pillars critical to agric recovery http://www.thestandard.co.zw/ Saturday, 26 March 2011 20:46 Dennis Zaranyika Farmers’ unionsFARMERS are the backbone of all agricultural systems, without farmers there would be no food and inadequate raw materials. Farmers are facing the following challenges: Inadequate funding, especially long-term loans and capital funds.Low viability due to low producer prices.Inadequate farm equipment and …

Banks in crisis

Banks in crisis http://www.thezimbabwean.co.uk Written by Chief ReporterFriday, 25 March 2011 15:32 HARARE – At least seven financial institutions are believed to be in distress as the Finance Ministry steps up its onsite examinations of the country’s banking firms. The Zimbabwean understands the ministry has issued three “corrective orders” to banks to try make them safe for the …

Constitutional input flawed – Mwonza

Const input flawed – Mwonzora http://www.thezimbabwean.co.uk Written by Tavada MafaSaturday, 26 March 2011 12:43 HARARE – Zanu (PF) used the time when COPAC chairman Douglas Mwonzora  was in jail to tamper with input from the diaspora on the new constitution.Mwonzora has confronted his Zanu (PF) counterpart Paul Mangwana over the deliberate exclusion of four key areas in …

Contempt of court has lengthy record

Contempt of court has lengthy record http://www.theindependent.co.zw/ Thursday, 24 March 2011 19:57 By Alex Magaisa THE recent comments on the judiciary made by Prime Minister Morgan Tsvangirai in the wake of the judgment nullifying the election of the Speaker of parliament have raised a real storm. There are reports that he may be hauled before the courts on …