Commercial Farmers' Union of Zimbabwe
RBZ, ministry official squabble over diamond claim http://www.theindependent.co.zw/ Friday, 17 September 2010 12:43 A SUBSIDIARY of the Reserve Bank of Zimbabwe (RBZ) has accused an official in the Ministry of Youth Development, Indigenisation and Empowerment of using government indigenisation policies to grab a diamond claim in which the central bank has an interest. On the …
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Press release on the Future Summit on Zimbabwe 16 September 2010 Zimbabwe seeking economic recovery, reconciliation – Tsvangirai Johannesburg, 16 September 2010 – Zimbabwe is making progress on its road towards recovery from a decade-long economic collapse, Prime Minister Morgan Tsvangirai said on Thursday at “The Future of Zimbabwe Summit” hosted by The Economist. Zimbabwe’s …
The changing face of banking in Zim http://www.theindependent.co.zw/ Thursday, 09 September 2010 17:42 YESTERYEAR, the investment case for venturing into commercial banking was the prospect of accessing cheaper deposits. Retail deposits come with low costs as most transactional accounts earn hardly any interest. Although savings accounts pay interest, the rates tend to be lower than, …
Bread price increase unjustified: Biti http://www.theindependent.co.zw/ Thursday, 09 September 2010 18:50 Finance minister Tendai Biti has described recent bread price increases as unjustified, while the Competition and Tariff Commission (CTC) has begun investigations into possible price fixing by bread industry players. Bread producers two weeks ago announced at a press conference that they were increasing …
Biti says US$50 billion loan ‘unclean’ http://www.dailynews.co.zw/ By Guthrie MunyukiWednesday, 08 September 2010 09:19 HARARE – Finance minister Tendai Biti says one of the officials representing a South African firm offering Zimbabwe a failed US$50 billion loan was an arms dealer and could have “Russian Mafia” links. Biti said Norange Capital Markets’ outlandish offer was …
Economists warn against Zimbabwe’s currency black market http://www.sabcnews.com/ September 08 2010 , 6:12:00 Thulasizwe Simelane, Zimbabwe Economists say the resurgence of Zimbabwe’s currency black market is symptomatic of weaknesses in the banking sector and exchange rate distortions. Black market traders who were partly responsible for the demise of the country’s currency two years ago, are …
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Zimbabwe seeks S.Africa credit, overdraft facility -finmin http://af.reuters.com/ Wed Sep 8, 2010 11:35am GMT * Finmin: Want to revive 2.75 bln rand overdraft facility * Eyeing 500 million rand credit line – Zimbabwe finmin * Zimbabwe agrees $70 mln Botswana credit line By Nelson Banya HARARE, Sept 8 (Reuters) – Zimbabwe is seeking 3.25 billion …
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Eric Bloch: Ending agriculture’s financial crisis http://www.theindependent.co.zw/ Friday, 03 September 2010 18:22 SPEAKING at last week’s opening of the 100th Harare Agriculture Show, President Robert Mugabe said that “financial support for the agricultural sector remains a sore challenge, with limited resources being availed as costly agricultural loans”. He continued: “Thus, the need for properly planned …
Analysis: Stability key to farm sector recovery http://www.zimonline.co.za/ by Edward Jones Wednesday 01 September 2010 HARARE – Zimbabwe’s agriculture sector is emerging from the intensive care after a decade of decline blamed on President Robert Mugabe’s often violent seizures, but its full recovery remains fragile and will depend on political and economic stability in the …
US$1,2m worth of inputs available at GMB Herald Reporter More than 4 200 tonnes of seed maize and 80 tonnes of fertilisers, worth US$1,2 million, are ready for collection from selected Grain Marketing Board depots countrywide. In an interview on Monday, GMB corporate and communications officer Mr Joseph Katete said the inputs were leftovers from …