Agribank Secures US$20m Credit

Agribank Secures US$20m Credit Phillimon Mhlanga 25 Jun 2015 Agricultural Development Bank of Zimbabwe has secured a US$20 million loan from Africa Export Import Bank. STATE-controlled agro-lender, the Agricultural Development Bank of Zimbabwe (Agribank) has secured a US$20 million loan from Africa Export Import Bank (Afreximbank), the Financial Gazette’s Companies &Markets can report.The Afreximbank facility was introduced by …

Biofuels: Zim Losing Billions

Biofuels: Zim Losing Billions 25 Jun 2015 Zimbabwe is spending an estimated US$120 million on fuel imports every month, amounting to an annual bill of around US$1,4 billion. Stephen Tsoroti HAMSTRUNG by debilitating liquidity challenges, Zimbabwe is missing the chance to improve its revenue position by neglecting the development of biofuels, a renewable energy expert …

State Dumps Elderly

State Dumps Elderly Andrew Kunambura 25 Jun 2015 Zimbabwe has 166 registered old people’s homes. GOVERNMENT has fallen foul of the Constitution by failing to avail per capita grants to old people’s homes dotted across Zimbabwe.Under the Older Persons Act, government is mandated to give grants to registered old people’s homes, but has not paid a …

Is Tokwe-Mukosi dream deferred?

  Is Tokwe-Mukosi dream deferred? June 25, 2015 Features, Opinion & Analysis George Maponga Senior Features Writer It is touted as the solution to Masvingo’s perennial water challenges. But 17 years later, the dream has not yet been realised. This is the story of the Tokwe-Mukosi Dam project. Is it a dream deferred? Found at confluence of Tokwe and Mukosi …

Food indaba urged to focus on agric productivity

Food indaba urged to focus on agric productivity June 25, 2015 Business Business ReporterSTAKEHOLDERS in the food sector want the Zimbabwe Food Conference and Expo set for July 8 to interrogate agricultural productivity and financing which they say are the reasons why the country has become a net importer. Stakeholders who attended the breakfast launch of …

Zim reaffirms commitment to conserving wetlands

Zim reaffirms commitment to conserving wetlands June 25, 2015 Local News Fungai Lupande Herald ReporterZimbabwe has reaffirmed its commitment to conserving all wetlands through local, national actions and international co-operation, an Environmental Management Agency official said on Tuesday. EMA’s environmental planning and monitoring manager Mrs Alleta Nyahuye said Zimbabwe committed itself to play its part within …

Editorial Comment: Communities should benefit from game proceeds

Editorial Comment: Communities should benefit from game proceeds June 24, 2015 Opinion & Analysis Zimbabwe which has since independence been grappling with the challenge of correcting the land ownership imbalances, has taken measures to ensure in the process it preserves its flora and fauna. A number of conservancies were as a result spared from being acquired …