CFI in turnaround strategies

CFI in turnaround strategies December 5, 2017 Business CFI is banking on its strategic brands which have potential for further growth and market consolidation Enacy Mapakame Business ReporterAgri-industrial group CFI Holdings Limited, will soon initiate a capital raise as it seeks to fully turnaround the company whose value had whittled down on alleged irregularities and corporate governance …

Sugar refiner narrows losses, seeks new markets

Sugar refiner narrows losses, seeks new markets – December 4, 2017 Food concern, starafrica corporation, narrowed its losses by 59,71% to $1,34 million in the half year ended September 30 on the back of changes to its operational strategy that saw improved revenues.   BY TATIRA ZWINOIRA In the same period last year, the company registered …

Beekeepers eye regional markets

Beekeepers eye regional markets December 4, 2017 MANICALAND & MASH EAST Liberty Dube Post CorrespondentA group of local beekeepers recently toured Mozambique to get an appreciation of products, services, innovations and honey processing facilities in the neighbouring country. In an interview, one of Mutare’s top beekeepers, Mr Ishmael Sithole, who owns MacJohnson Apiaries Corporation, said they intend …

Smuggled seed floods Moza

Smuggled seed floods Moza December 4, 2017 MANICALAND & MASH EAST Luthando Mapepa, recently in ESPUNGABERA, MozambiqueDifferent maize seed varieties, which are believed to have been smuggled out of the country, have flooded informal markets in Mozambique. Seed varieties that include Seed Co’s SC513 (Zebra), SC727 (Nzou) SC403, SC401 and Pannar 53 are being sold by …

Green Fuel,Tongaat cut deal

Green Fuel,Tongaat cut deal December 1, 2017 MASVINGO & SOUTH-WEST Tawanda Mangoma in ChiredziThe country’s biggest ethanol producer, Green Fuel Zimbabwe, has reportedly roped in Lowveld sugar producer Tongaat Hulett to mill some of its sugarcane after its processing plant was overwhelmed by a bumper crop. Green Fuel’s plantations in Chisumbanje straddle over 10 000 hectares. The …

Africa now primed for a green revolution

Africa now primed for a green revolution December 4, 2017 Features, Opinion & Analysis Tom Collins Correspondent On the sidelines of the UN General Assembly in New York, Aliko Dangote, Africa’s richest man, told investors: “Agriculture, agriculture, agriculture. Africa will become the food basket of the world.” Prime weather conditions, acres of empty space and well-established …

Diesel 50: Switch to clean energy costly

Diesel 50: Switch to clean energy costly December 4, 2017 Business Cars now come complete with emission control devices such like diesel oxidation catalysts, diesel particulate filters etc Jeffrey Gogo Climate StoryIn a bid to reduce climate-changing carbon emissions, energy regulator ZERA has outlawed use of a more toxic version of diesel called D500, replacing it …

Meat processing capacity utilisation shrinks to 30%

Meat processing capacity utilisation shrinks to 30% – The Zimbabwe Independent Meat processing capacity utilisation shrinks to 30%   CAPACITY utilisation in the meat processing sector has shrunk to 30% from 60% in July owing to mounting production costs and challenges to procure raw materials, the latest update released by the industry shows. By Tinashe …

Crop pests hit Zimbabwe

Crop pests hit Zimbabwe November 30, 2017By Own Correspondent Agriculture, Mechanisation and Irrigation Development Minister, Joseph Made By Farai Mabeza ZIMBABWE is facing rising cases of new crop pests, posing a serious threat to the agriculture sector, a senior government official has said.Ministry of Agriculture, Mechanisation and Irrigation Development permanent secretary, Ringson Chitsiko, told a workshop …