Drought blights 2019/20 agricultural season

Drought blights 2019/20 agricultural season – NewsDay Zimbabwe 30/4/2020 THE 2019/2020 agricultural season was marked by a delayed onset of the rainy season and a false start throughout the country due to continued drought-like conditions, findings from a government report show. BY TATIRA ZWINOIRA The Ministry of Lands, Agriculture, Water and Rural Resettlement conducts three …

TianZe complies with sales regulations

TianZe complies with sales regulations Herald 30/4/2020   Business Reporter TianZe, one of the major tobacco contracting companies, has pledged to continue supporting farmers and develop the industry. The company, which occupies between 15-20 percent of the market share, said it has complied with the Tobacco Industry and Marketing Board Covid-19 regulations and preventive measures. …

Agribank predicts income decline

Agribank predicts income decline Herald 30/4/2020   Agribank Senior Business Reporter State agriculture finance institution, Agribank, expects its 2020 income to decline on reduced customer activities due to the negative impact of the Covid-19 global pandemic that has paralysed world economies and disrupted supply chains. This comes after the national agriculture support bank romped to …

RBZ reviews forex priority list

RBZ reviews forex priority list Herald 30/4/2020   Farai Masendu Tawanda Musarurwa Senior Business Reporter The Reserve Bank of Zimbabwe (RBZ) says financial institutions should prioritise foreign currency allocation to productive sectors of the economy as a key response to the coronavirus pandemic. In a strategic use of the monetary policy to cushion the blow of …