Cash shortage hits cattle auctions

Cash shortage hits cattle auctions Companies & Markets June 30, 2016By Own Correspondent Cattle prices have plummeted as a result of the prevailing cash crisis. By Njabulo Ncube CATTLE prices are plummeting nationwide at auctions as the prevailing cash shortages, coupled with a harsh economic climate, take their toll on the beef industry.There are fears that …

Trash burning and the environment

Trash burning and the environment June 29, 2016 Business The Environmental Management Agency has received several complaints from various quarters on air pollution emanating mostly from burning of backyard trash as well as burning of trash in skip bins in and around the central business district.Undoubtedly, burning of trash has become a common practice of garbage …

Zim earns $254m from tobacco exports

Zim earns $254m from tobacco exports June 29, 2016 Business Business reporter ZIMBABWE has earned $253,67 million from 45,1 million kilogrammes of tobacco exported mainly to China and SA since the beginning of 2016. Statistics from the latest Tobacco Industry Marketing Board’s (TIMB) bulletin show that China accounted for over 20,2 million kg valued at $164 million …

Beekeepers target over 400 000 litres of honey by year end

Beekeepers target over 400 000 litres of honey by year end June 29, 2016 Business Tedious Manyepo : Business Reporter Local beekeepers are targeting to produce over 400 000 litres of honey by year-end up from about 220 000 reached in the previous year to meet increased demand created by the recent Government control on honey imports. Honey …

$52m up for cotton farming

$52m up for cotton farming June 29, 2016 Business THE Government has set aside $52 million to support cotton farmers with inputs this farming season. According to Cotton Company of Zimbabwe managing director Engineer Chris Murove, 400,000 hectares would be put under cotton. Eng Murove revealed this during a meeting with cotton farmers in Gokwe-Nembudziya at the weekend. He …

Allied Timbers re-hires milling contractors

Allied Timbers re-hires milling contractors June 28, 2016 Business Business Reporter ALLIED Timbers has re-hired milling contractors to argument production after lifting the suspension, which was also meant to eliminate indiscriminate harvesting of trees. Allied, the State owned company with more than 10 estates in Manicaland, Madlands and Matabeleland provinces, suspended contract milling in January this year.The …

Government reviews agricultural policies

Government reviews agricultural policies June 28, 2016 Business Melody Mashaire : Business Reporter Government is in the process of reviewing a number of agriculture-related policies to improve domestication and local farmers’ rights. Agriculture, Mechanisation and Irrigation Development Minister Dr Joseph Made said Government has made efforts to domesticate farmers’ rights. “Zimbabwe has made efforts with regards to domestication and …

$10m for Dorowa, ZimPhos fertiliser production

$10m for Dorowa, ZimPhos fertiliser production June 28, 2016 Business Munyaradzi Musiiwa Midlands CorrespondentTHE Government has availed $10 million for the revival of Dorowa Minerals and ZimPhos to increase fertiliser production as the country moves to curb hunger and ensure food security at household, an official has said. Industry and Commerce Deputy Minister Chiratidzo Mabuwa said recently that …

Dendairy seeks packaging partnerships

Dendairy seeks packaging partnerships June 28, 2016 Business Midlands CorrespondentKWEKWE-based dairy milk processor, Dendairy, is seeking partnerships with local companies to package long life shelf products on their behalf. Dendairy is not fully utilising its capacity at its Kwekwe plant since the company commissioned a new TetraPak plant a few weeks ago. The milk processor invested $3,5 million …