Fertiliser producers reel as forex crisis worsens

Fertiliser producers reel as forex crisis worsens   LOCAL fertiliser companies require US$135 million in nostro funding to import key raw materials to manufacture 600 000 tonnes of the commodity required this forthcoming summer cropping season, amid fears that the Reserve Bank of Zimbabwe (RBZ) is only availing 30% of needed funds. By Wongai Zhangazha …

Wheat production to surge, but imports to continue

Wheat production to surge, but imports to continue   ZIMBABWE’S winter wheat production this year is projected to reach over 100 000 metric tonnes (MT) from about 20 000MT in 2017, due to command agriculture-related investments, an official of the Zimbabwe Commercial Farmers’ Union (ZCFU) has said. BY MTHANDAZO NYONI The increase is still less …

Don’t start veld fires, villagers warned

Don’t start veld fires, villagers warned   The Herald Sydney Mubaiwa in Zaka The Environmental Management Agency (EMA) has warned villagers here against starting veld fires to avert rampant destruction of the environment in one of the districts perennially affected by rampaging wild fires. EMA said there was need for villagers to be extra cautious …

IDBZ moves to exploit Tugwi-Mukosi Dam water

IDBZ moves to exploit Tugwi-Mukosi Dam water   The Herald From George Maponga in Masvingo Government’s plans to start exploiting water in Tugwi-Mukosi Dam have gathered momentum, with the Infrastructural Development Bank of Zimbabwe (IDBZ) already in the process of identifying more than 25 000 hectares to be irrigated by the water body in arid …

Zim targets $200m in flower exports

Zim targets $200m in flower exports   Agriculture, Lands and Rural Resettlement Deputy Minister Davis Marapira The Herald Business Reporter Zimbabwe is looking forward to develop about 1 000 hectares of cut flower plantations – mostly roses – in the next five years as it seeks to boost foreign currency inflows. In 2002, Zimbabwe exported …

Cooking oil industry imports soya

Cooking oil industry imports soya Tabitha Mutenga Features Editor United Refineries Limited, chief executive Busisa Moyo ZIMBABWE’s cooking oil industry has been forced to import 150 000 tonnes of soya beans to meet national demand after local producers failed to reach target.The crude soya oil import bill stood at around $119 million in 2016, enough …

Middle class markets represent agric future in developing countries

Middle class markets represent agric future in developing countries   The Herald Charles Dhewa Correspondent Street markets or roadside food markets have remained a permanent feature in most developing countries. The fact that these markets continue to flourish alongside emerging shopping malls shows they occupy a unique position in commercial activities. Informal markets were previously …