Commercial Farmers' Union of Zimbabwe
Government pays off Eskom debt Chronicle 1/4/2020 Minister Fortune Chasi Oliver Kazunga, Senior Business Reporter GOVERNMENT has fully paid its debt to South Africa’s power utility, Eskom, after paying the regional power company the last US$890 000 this week paving way for fresh power imports negotiations. Last year Zimbabwe was denied power imports after …
Duty on Covid-19 material waived Minister Monica Mutsvangwa Harare Bureau Duty on the importation of drugs and other materials used in the Covid-19 response has been waived, with Government expressing satisfaction with mitigation measures put in place by the Inter-Ministerial Taskforce set to deal with the spread of the disease. Information, Publicity and Broadcasting …
RBZ suspends forex rule Chronicle 1/4/2020 Prosper Ndlovu, Business Editor THE Reserve Bank of Zimbabwe (RBZ) has suspended the 30-day foreign currency balance liquidation requirement for exporters as well as its attendant penalty system so as to minimise the impact of Covid-19 (coronavirus) outbreak on the economy. The central bank has also clarified concerns …
Victoria Falls thunders Chronicle 1/4/2020 Leonard Ncube, Victoria Falls Reporter THE thunderous sound of the mighty Victoria Falls is back as the Zambezi River’s water levels have significantly risen, giving hope of recovery in the tourism sector once the Covid-19 threat has been alleviated. Authorities have said as of last Friday, water levels in …
BILL WATCH 11/2020 [30th March 2020] Return of Farms to Certain Dispossessed Farmers Earlier this month the Minister of Lands, Agriculture, Water and Rural Resettlement gazetted a set of regulations ‒ the Land Commission (Gazetted Land)(Disposal in Lieu of Compensation) Regulations, 2020 (SI 62 of 2020) [link] ‒ which provided for the return of farms …
Govt gazettes free forex funds SIGovt gazettes free forex funds SI Herald 31/3/2020 Dr Mangudya Herald Reporter Government has gazetted the amended statutory instrument allowing the wider use of foreign currency in the country. This follows the fixing of the official exchange rate to US$1:$25 by the Reserve Bank of Zimbabwe (RBZ) last week. …
Read more “Govt gazettes free forex funds SIGovt gazettes free forex funds SI”
Coronavirus Watch: Simple ways to prevent the spread of Covid-19 in your workplace Chronicle 31/3/2020 From the imposition of travel bans to the ban on mass gatherings and the closure of schools, African governments are increasingly taking radical measures in an attempt to stem the spread of the new coronavirus. — AFP The low-cost …
Read more “Coronavirus Watch: Simple ways to prevent the spread of Covid-19 in your workplace”
Olivine secures US$8,25m AfDB loan Chronicle 31.3.2020 Martin Kadzere, Harare Bureau OLIVINE Industries Ltd, a local unit of Wilmar International, has secured a US$8,25 million loan from the African Development Bank (AfDB) to build two plants in line with the company’s drive to expand its food portfolio with new products. Wilmar, listed on the …
Midlands to plant 2 600ha of winter wheat Chronicle 31/3/2020 Patrick Chitumba, Midlands Bureau Chief MIDLANDS province is targeting to put more than 2 600 hectares of land under winter wheat this year and has started the verification process of potential farmers to be registered for the exercise. Last year about 2 300 hectares …
Millers suspend operations Chronicle 31/3/2020 Oliver Kazunga, Senior Business Reporter THE Small-to-Medium Scale Millers’ Association of Zimbabwe (SMMAZ) says its members have suspended operations due to shortage of maize to produce roller meal. Speaking by telephone yesterday, SMMAZ interim chairman, Mr Davis Muhambi, said increasing mealie-meal on the formal market was critical if queues …