Commercial Farmers' Union of Zimbabwe
Banks in 99-year leases U-turn December 10, 2017 in Local, News HARARE — Banks are waiting for the government to start rolling out the 99-year leases to farmers so that they can start accessing loans backed by the instrument, an official has said. The Source A 99-year lease is a legally binding agreement between the now Ministry of Lands, …
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EDITORIAL COMMENT: The Perestroika budget December 7, 2017By Staff Reporter Finance Minister Patrick Chinamasa. “SEISMIC shift” is a phrase that has been used liberally to describe the unseating of Robert Mugabe, Zimbabwe’s leader for 37 years.That Mugabe has straddled our politics for four decades and looked invincible just three weeks ago adds some justification to the …
NSSA to acquire 80 percent of CSC December 7, 2017By Staff Reporter NSSA will take up 80 percent equity in the Cold Storage Company. THE National Social Security Authority (NSSA) will take up 80 percent equity in the Cold Storage Company, injecting a reported $20 million, as it embarks on the resuscitation of the stricken meat …
Chinamasa makes sweeping changes – December 8, 2017 FINANCE minister Patrick Chinamasa has introduced a raft of cost-cutting measures, among them a drastic reduction in government travel, other luxuries and fired over 3 000 national youth service graduates. Government will also retire bureaucrats over the age of 65. BY VENERANDA LANGA Chinamasa said this while …
Govt to extend amnesty on outstanding taxes December 8, 2017 Business Kudzanai Sharara Assistant Business EditorGovernment will extend amnesty measures on outstanding taxes that were accrued prior to December 1, 2017, Finance and Economic Development Minister Patrick Chinamasa has said. Presenting his 2018 National Budget in Parliament yesterday, Minister Chinamasa proposed an amnesty for interest and penalties …
Farmers call for pro-agric Budget December 1, 2017 HARARE METROPOLITAN Mr Chabikwa Elita Chikwati Senior Agriculture ReporterFarmers are expecting the 2018 National Budget to address challenges in the agricultural sector such as the shortage of machinery and equipment, high inputs costs and promotion of value addition for the sector to contribute meaningfully towards the revival of the …
Banks anticipate high agric loans uptake November 24, 2017 Business Livingstone Marufu Business ReporterLocal banks are anticipating high agricultural loans uptake this summer cropping season after most financial institutions started offering salary based finances for farmers to enhance production. For years, farmers have been stalked by financing problems, but the relaxation of bank loan terms will allow …