Commercial Farmers' Union of Zimbabwe
Banks become more prudent Companies & Markets April 6, 2017By Paul Nyakazeya, Online Editor Agribank chief executive officer, Sam Malaba LOCAL banks are tightening their lending in a move expected to stem losses in the financial sector, results for the year to December 31, 2016 have revealed.Banks said they would grow “quality loan books” and actively …
Agribank targets smallholder farmers National Report April 6, 2017By Staff Reporter Agribank would take part in the Reserve Bank of Zimbabwe funding programmes such as the US$20 million horticulture facility. AGRICULTURAL lender, Agricultural Bank of Zimbabwe Limited (Agribank), said last week it was planning to invest significantly into smallholder farmers in the coming year as part …
CFI turnover up 24 percent April 6, 2017 Business CFI Holdings’ turnover in the five months to February 28, 2017, was 24 percent up on prior year, at $22,6 million compared to $18,1 million, largely due to improved performance by entities outside judicial management. Timothy Nyika, acting group chief executive, giving a trading update at the …
EDITORIAL COMMENT: Partner foreign investors to exploit natural resources April 6, 2017 Opinion & Analysis The year 2017 is looking very promising and there is every reason to be optimistic that the country will record a remarkable economic growth. The agro-based economy will obviously be spurred by the expected bumper harvest and Government has already announced …
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Govt reverses 10pc tax for farmers April 6, 2017 Local News Minister Patrick Chinamas Elita Chikwati, Harare BureauGovernment has reversed a decision announced last week to levy a 10 percent tax on gross sales of tobacco farmers who do not have clearance certificates. This follows a meeting between Agriculture, Mechanisation and Irrigation Development Minister Dr Joseph Made …
Informal economies harness, institutionalise customer experience April 5, 2017 in Business WHILE a supermarket chain can have a customer care department responsible for answering queries and harvesting feedback from diverse customers, informal agricultural markets in major African cities have different ways of gathering customer experience. They use their collective knowledge to maintain customer service for diverse commodities. …
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Revenue collector speaks on tobacco tax April 5, 2017 in Business The Zimbabwe Revenue Authority (Zimra) has said tobacco farmers should comply with the tax laws by having tax clearance certificates, adding that the 10% withholding tax was not targeting only farmers. BY BUSINESS REPORTER Last week, Zimra told the Tobacco Industry and Marketing Board (TIMB) to …
Understanding financial innovation April 5, 2017 Business Financial systems provide vital services Sanderson AbelFinancial innovation can be defined as the act of creating and then popularising new financial instruments. This implies advances over time in the financial instruments and payment systems used in the lending and borrowing of funds as well as innovations in the payment …
ZimTrade to lead exhibitors at Zambian expo April 5, 2017 Business Business ReporterZimTrade, Zimbabwe’s trade development and promotion organisation, will, for the second time, lead Zimbabwe’s participation at Agritech Expo to be held in Chisamba, Zambia from April 27-29, 2017. Agritech Expo is a specialised exhibition for the agricultural sector value chain. The Expo is a …
Promising tobacco selling season: Will this create spendthrifts? April 4, 2017 Business Obert Chifamba Agri-InsightTobacco sales for the current marketing season raked in $33 million in the first 10 days eclipsing the $23 million that was realised during the same period last year. This is a 46 percent increase. Quite an encouraging feat if you know what …
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