New plan to increase Zimbabwe’s power generation

New plan to increase Zimbabwe’s power generation July 6, 2017By Shame Makoshori, Senior Business Reporter Energy and Power Development, Minister Samuel Undenge * Tax breaks to attract investors * Government targets renewable energy GOVERNMENT has announced a series of tax exemptions, licence fee cuts and a raft of financing measures to drive renewable energy development.This comes …

Imports threaten honey producers

Imports threaten honey producers July 6, 2017By Own Correspondent Honey production has declined despite an increase in the number of beekeepers in the country. MUTARE — The country’s apiculture sector is under threat from imports, which now account for more than 50 percent of the market after local production slumped over the past two years. Statistics …

Meat processors in quandary

Meat processors in quandary   July 6, 2017By Tabitha Mutenga, Features and Supplements Editor Processed meat was of the country’s biggest foreign currency earners before the closure of CSC. A GLOBAL ban on the trade of mechanically deboned meat (MDM), the main ingredient in processed meat, has crippled local manufacturers of processed meats and sausages.Imports of …

Middlemen ‘hijack’ GMB Mash West depots

Middlemen ‘hijack’ GMB Mash West depots July 7, 2017 Headlines, Top Stories Walter Nyamukondiwa Chinhoyi Bureau—Grain Marketing Board (GMB) officials are reportedly facilitating the buying and storage of grain at silos by some middlemen, who now enjoy VIP status. Once it is known that the grain belongs to the middlemen, some of them remaining white farmers, it …

Mat’land gets $2,3m for beef projects

Mat’land gets $2,3m for beef projects July 7, 2017 Business Oliver Kazunga/Leonard Ncube in Victoria Falls, Senior ReportersTHE Government has partnered the African Development Bank (AfDB) to avail a $2,3 million facility for the beef and leather value chain in Matabeleland.Industry and Commerce Minister Dr Mike Bimha revealed this yesterday while addressing delegates attending the 7th …

Zim imports maize despite ‘bumper harvest’

Zim imports maize despite ‘bumper harvest’ July 6, 2017 in Business ZIMBABWE imported maize worth $82 million in the first five months of the year at a time the country was boasting of a bumper harvest, latest trade data from Zimbabwe National Statistics Agency (Zimstat) has shown. BY MTHANDAZO NYONI This came as government had indicated it …

Experiences of a young tobacco grower

Experiences of a young tobacco grower July 6, 2017 Features, Opinion & Analysis BAT invests in training young tobacco farmers in Zimbabwe Buhle Nkomo CorrespondentThe interest in farming by young Zimbabweans has steadily grown over the years. Many have seen it as a viable means to make an honest living and support themselves and their families. …

Market intelligence sets boundaries for farmers

Market intelligence sets boundaries for farmers July 6, 2017 Features, Opinion & Analysis Commodities like sweet potatoes and groundnuts have done well and are already competing with maize Charles DhewaOne of the frequently asked questions by farmers relates to prices of commodities on the market. However, evidence from informal markets indicate that price is not a …