Commercial Farmers' Union of Zimbabwe
Industry pins hope on tobacco exports January 30, 2017 Business Oliver Kazunga, Senior Business ReporterTHE Confederation of Zimbabwe Industries (CZI) is pinning its hopes on the opening of the tobacco marketing season, which is expected to improve nostro account balances. Several companies are struggling to make foreign payments on time due to persistent foreign currency shortages since …
Maize growers boost: $1bn pay for command agriculture farmers January 30, 2017 Business Prosper Ndlovu, Business EditorFARMERS under the Command Agriculture Scheme will receive about $1 billion in combined payment for the maize output as Government moves to boost yields and achieve food security. Zimbabwe hopes to produce surplus maize this season and reverse food imports, which …
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Govt secures funds to incorporate wheat in Command Agriculture January 27, 2017 Local News Nduduzo Tshuma, Political EditorTHE Government has secured funding for the incorporation of wheat production under Command Agriculture amid plans to deploy the army to spray pesticides to eradicate the Chilo worm, a senior official said yesterday. Speaking at a briefing after assessing the …
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NSSA avails $20m agric loan facility January 25, 2017 Business Business Reporter —The National Social Security Authority has availed a $20 million term loan facility to a local commercial bank aimed at enabling the sourcing of fertiliser raw materials and stocks from a foreign supplier. This comes at a time when local fertiliser producers are struggling …
Exports fall short of target: Zimstat January 24, 2017 Business A tobacco farmer tends his crop in this file photo Zimbabwe’s exports failed to go past the key $3 billion level in 2016 after closing December at $2,83 billion. Total imports for the year were $5,21 billion, subsequently leading to an annual trade deficit of $2,38 …
Zim fuel prices up Companies & Markets January 19, 2017By Phillimon Mhlanga, Business Reporter ZERA chief executive officer, Gloria Magombo ZIMBABWE’S major fuel retailers have raised fuel prices by at least US$0,04 a litre due to a serious shortage of anhydrous ethanol in the country and a surge in international petroleum price, the Financial Gazette’s Companies & …
Importance of cash flow management in business January 20, 2017 in Business Success or failure in business depends on how a business manages its cash resources. Cash in the business sense is not just notes and coins, but should be understood to mean cash flow. Without positive cash-flow, a business will not survive for very long. …
Why Zim economy should adopt new theories of change January 19, 2017 Features, Opinion & Analysis Charles Dhewa Review Correspondent —To the extent that practice without theory is like a runaway horse, the Zimbabwean economy requires an integrated theoretical base. An inadequate theory of socio-economic change and progress reinforces a mismatch between expectations and the actual capacity …
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China demands property rights January 13, 2017 in News, Politics CHINA this week urged the Zimbabwean government to respect property rights, address concerns over policy inconsistency and clarify its indigenisation policy to attract much-needed investment into the country. By Owen Gagare In an interview in Harare on Monday, the day President Robert Mugabe met his Chinese counterpart Xi …
Farmers, consumers fret over new VAT regulations January 13, 2017 Features, Opinion & Analysis In his 2017 National Budget Statement, the Minister of Finance and Economic Development Cde Patrick Chinamasa proposed that Value Added Tax of 15 percent would be applied on rice, margarine, cereals, maheu, beef, pork, fish, chicken and potatoes with effect from January …
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