Kilimanjaro project gets State guarantee

Kilimanjaro project gets State guarantee  Herld 13/3/2020   Cde Chadzamira George Maponga Masvingo Bureau The US$40 million Kilimanjaro sugar cane project in the Lowveld has received a major boost after Government released a letter of undertaking to protect the investment. The venture, a partnership between South Africa-based Tongaat Hulett and local financial institutions, will create …

Agric recovery plan targets 5 000 irrigation farmers

Agric recovery plan targets 5 000 irrigation farmers Herald 13/3/2020   Freedom Mupanedemo Midlands Bureau FIVE-THOUSAND highly productive irrigated farms countrywide will receive full contract farming support, including adequate fuel and uninterrupted power supply under the Government’s Agricultural Recovery Plan. In addition, about 1,6 million vulnerable households will be put under a climate-proofed Presidential Input …

Work smarter, not always harder: ED

Work smarter, not always harder: ED    Chronocle 13/3/2020 President Mnangagwa shows his soya bean crop to Minister of Defence Cde Oppah Muchinguri-Kashiri during a tour of his Pricabe Farm in Kwekwe yesterday. — (Picture by Eliah Saushoma)   Patrick Chitumba, Midlands Bureau Chief PRESIDENT Mnangagwa yesterday challenged farmers to embrace technology so they can work …

VAT claims on imported services

VAT claims on imported services Financial Gazette 12/3/2020 Marvellous Tapera   PRIOR to 2019, only persons who were not VAT registered operators and those consuming or utilising im­ported services to produce exempt supplies would bear the burden of VAT on imported services. This changed with effect from January 1; 2019 when the government extended the …

Pains, cures of agric funding in Zim

Pains, cures of agric funding in Zim Financial Gazette 12/3/2020 Shadreck Chinembiri   AGR1CULTURAL financing in Zimbabwe has evolved over the years, from pre-independence models to the current state of affairs. However farm­ers face considerable pain to access appropriate financing that meets their needs. Sometimes it actually feels as if the country has regressed in …

Repossessed land up for foreign investment

Repossessed land up for foreign investment Financial Gazette 12/3/2020 Tabitha Mutenga Managing Editor   JUSTICE minister Ziyambi Ziyambi says the government is repossessing land from multi­ple farm owners for re-distribution as well as possible investment activities. This was after government had recently con­firmed that Belarus was interested in investing in crop and livestock production, agro-processing, …

Govt returns black-owned farms

Govt returns black-owned farms Financial Gazette 12/3/2020 Tabitha Mutenga Managing Editor PRESIDENT Emmerson Mnangagwa has signalled an in­tention to return farms seized from indigenous farmers and foreign investors, as the government seeks to spruce up its image and has seemingly buckled under international pressure to restore property rights, analysts have said. As South African ambassador …

Bulk maize imports expected this year.

Bulk maize imports expected this year. Financial Gazette 12/3/2020 Tabitha Mutenga Zimbabwe’s cash-strapped government is expected to import the bulk of the estimated 2,4 million tonnes of maize required by the South­ern African Development Community to avert hunger during the 2019/2020 season, the Food and Agriculture Organisation (FAO) has said. The FAO 2020 Crop Prospects …