Ruling result closure of companies with foreign lines of credit

Ruling result closure of companies with foreign lines of credit Posted on February 7, 2020 by The Independent in Business Underperformance of the Zimbabwe Stock Exchange and huge voids in the property sector has seen most insurance companies reducing their exposure to traditional assets Kudzai Kuwaza THE ruling by the Supreme Court of Zimbabwe last month declaring that a debt …

Labour minister warned of Law change

Labour minister warned of Law change 7/2/2020 Zimbabwe Independent LABOUR minister Paul Mavima has been warned that the changes made to the Labour Law Amendment Bill draft by the Attorney-General’s Office could have devastating effects on the country if the law is passed in its current form. A raft of proposed wholesale changes was made …

Restore public trust in land allocation

Restore public trust in land allocation    Herald 7/2/2020 Land remains an important economic and cultural asset for both rural and urban communities in Zimbabwe. Access to and control over land is, however, mediated by varying factors, including corruption which is now being revealed in shocking proportions following the completion of the Commission of Inquiry …

Sugar beans, profitable crop in season!

Sugar beans, profitable crop in season!  Herald 7/2/2020   Wendy Madzura  Correspondent Climate change vagaries have prompted the need for farmers to adopt climate smart crops that help mitigate the effects of climate change. The false start to the season, recurrence of mid-season droughts, heat waves, floods and the premature termination of the rainfall season …

CFI to capitalise Crest Poultry Group

CFI to capitalise Crest Poultry Group    Herald 7/2/2020 The group’s focus will be on ensuring that Crest Poultry Group, which recently exited judicial management is adequately capitalised and strengthened Michael Tome Business Reporter CFI Holdings Limited, has revealed its intentions to fully capitalise its subsidiary – Crest Poultry Group (CPG) – after it was …

Govt to repossess underutilised farms

Govt to repossess underutilised farms  Herald 7/2/2020   Minister Shiri Michael Tome and Leroy Mphambela Government will in the near future consider repossessing underutilised farm land and allocate it to other potential beneficiaries, Lands, Agriculture, Water and Rural Resettlement Minister Perrance Shiri has said. Minister Shiri indicated that Government had operationalised a wide range of …

Heavy rains, violent storms forecast

UPDATED: Heavy rains, violent storms forecast     Elita Chikwati Senior Reporter Zimbabwe is expected to experience a prolonged wet spell with a likelihood of violent storms and heavy falls of 50 millimetres and above within 24 hours starting today, the Meteorological Services Department has said. The bulk of the rainfall will be received in areas …