Millers want grain distribution decentralised

Millers want grain distribution decentralised Chronicle 29/7/2020   Oliver Kazunga, Senior Business Reporter THE Small-to-Medium Millers Association of Zimbabwe (SMMAZ) has appealed to Government to decentralise the distribution of imported maize across the Grain Marketing Board depots in the country. At present the imported grain is received by GMB Bulawayo depot and the millers across …

Kariba water levels continue rising

JUST IN: Kariba water levels continue rising  Herald 8/7/2020   Walter Nyamukondiwa Kariba Bureau WATER levels in Lake Kariba have continued to rise steadily, peaking at 41,57 percent which was above the first peak recorded at the end of June before starting another modest decline. Buoyed by higher than the previous year’s water levels affected …

Tobacco sales fetch US$258m

Tobacco sales fetch US$258m    Herald 3/7/2020 Herald Reporter Tobacco sales have reached 110 million kilogrammes worth US$258 million, with deliveries to contract companies and floors steady, as farmers expect the forex auction system to ensure their viability. Farmers morale had declined in the early weeks of the season as they found the fixed $25:US$1 …

Young farmers hail ‘flexible’ loan facility

Young farmers hail ‘flexible’ loan facility  Herald 23/9/2019   Kudakwashe Chidziya Herald Correspondent YOUTHS in three districts of Manicaland last week received loans and farming inputs from Diocese of Mutare Community Care Programme (DOMCCP), in a move expected to enhance their economic participation. About 50 youths from Mutasa, Honde and Nyanga districts benefited from the …

Agric tops micro-finance loan book

Agric tops micro-finance loan book  Herald 12/9/2019   Mr Chitambo Fradreck Gorwe Business Reporter Good rains anticipated countrywide during the 2019/20 farming season, have seen agriculture topping the micro-finance loan book (35 percent) as reported in the sector’s performance report for period ending June 30, 2019. Speaking to The Herald Finance and Business, Zimbabwe Association of Micro-Finance …

CBZ commits to fund Command Agriculture

CBZ commits to fund Command Agriculture   Sunday Mail 22/9/2019  Dumisani Nsingo One of the country’s leading financial institutions, CBZ Holdings, has agreed in principle to fund Command Agriculture as Government intensifies preparations for the 2019/20 summer cropping season, a Government official has said. Agriculture, Lands, Water, Climate and Rural Resettlement Deputy Minister, Vangelis Peter …

Black market forex rates tumble as government calls retailers to order

Black market forex rates tumble as government calls retailers to order  1 September 22, 2019 8:22 AM Source: Black market forex rates tumble as government calls retailers to order | Sunday News (local news) Dumisani Nsingo and Crispen Gumunyu, Business Reporters  Government will not hesitate to descent on companies that fuel parallel market activities that have triggered massive …

Another fuel price hike looms

Another fuel price hike looms – NewsDay Zimbabwe   12/7/2019 BY BLESSED MHLANGA/KUDA CHIDEME FINANCE minister Mthuli Ncube says government is set to increase the prices of electricity and fuel because the current pricing structure was no longer sustainable. Zimbabwe is currently battling a severe power, crisis which has seen households and industry going without …