$87M station upgrade: Byo Power Station refurbishment contract under review

$87M station upgrade: Byo Power Station refurbishment contract under review November 2, 2017 Business Bulawayo Thermal Power Station Oliver Kazunga, Senior Business ReporterTHE Zimbabwe Power Company (ZPC) is reviewing a draft contract received from India Export and Import Bank for the $87 million Bulawayo Thermal Power Station repowering project. Government secured the $87 million loan from India …

Bringing youth back to agriculture in Southern Africa

Bringing youth back to agriculture in Southern Africa by FAO  14 hrs ago | 230 Views Harare – Making agriculture more attractive to young farmers and creating decent employment opportunities in rural areas could reverse migration of youth to urban centres and abroad. The migration of youth to urban centres increases the burden on African cities and …

Review export incentive – tobacco farmers

Review export incentive – tobacco farmers – November 1, 2017 TOBACCO farmers’ unions are lobbying for a review of the tobacco incentive, with the move prompted by the fact that the sector is one of the biggest earners of foreign currency in the country.   BY FIDELITY MHLANGA Zimbabwe Tobacco Association (ZTA) chief executive officer, Rodney …

Mhangura farmers get maize seed

Mhangura farmers get maize seed November 1, 2017 MASH WEST & MASH CENTRAL Dr Mombeshora Conrad Mupesa Mash West correspondentTHOUSANDS of farmers in Mhangura constituency were recently allocated maize seed while thousands more are expected to benefit under a programme being rolled out in all provinces ahead of the 2017-18 summer cropping season. Minister of Lands and Rural …

Property distribution upon dissolution of a customary law union

Property distribution upon dissolution of a customary law union November 1, 2017 Features, Opinion & Analysis Irene SitholeIn Zimbabwe, there are many people who get married by performing customary law rites which include lobola payment but they do not go further to formalise their marriages through registration. There is a legal challenge with such arrangements in that …

Tobacco exports top $665 million

Tobacco exports top $665 million November 1, 2017 Business Business ReporterZimbabwe has earned $666,8 million from 123,7 million kilogrammes of tobacco exported mainly to South Africa and China since the beginning of 2017. Statistics from the Tobacco Industry Marketing Board’s latest weekly bulletin show that China accounted for over 27,4 million kg valued at $217,4 million while …

Livestock producers fret over VAT Act misreading

Livestock producers fret over VAT Act misreading November 1, 2017 Business ZIMBABWE’S livestock producers say a misreading of Section 17 of the Value Added Tax Act (Chapter 23:12) by the Zimbabwe Revenue Authority (Zimra) could soon render the industry non-viable. Indications are that in some instances the tax collector has demanded tax liabilities of around $500 …

Coffee growers demand farms grabbed by Zanu PF chefs

Coffee growers demand farms grabbed by Zanu PF chefs – October 31, 2017 THE Zimbabwe Coffee Commodities’ Association has approached government demanding repossession of its coffee farms that have allegedly been run down by top Zanu PF officials.   BY CLAYTON MASEKESA Association chairperson Silas Simango told NewsDay in Mutare yesterday that they were demanding a …

Zim inflation to quicken – IMF

Zim inflation to quicken – IMF – October 31, 2017 THE International Monetary Fund (IMF) predicts Zimbabwe’s inflation to quicken, in light of the recent price increments and high premiums on the parallel market.   BY TATIRA ZWINOIRA This comes as the IMF has listed Zimbabwe as one of the 20 countries in a “fragile situation” …

Masvingo cattle farmers hail Govt

Masvingo cattle farmers hail Govt October 31, 2017 MASVINGO & SOUTH-WEST Walter Mswazie Masvingo CorrespondentMasvingo cattle farmers have hailed Government’s decision to unveil the $440 million Command Livestock programme, which they said will boost the country’s foreign currency through increased beef exports. Last week, Cabinet approved a comprehensive special agricultural package amounting to $440 million for livestock, fisheries …