Commercial Farmers' Union of Zimbabwe
Govt to sign $25m agric pact November 18, 2016 Business Minister Chinamasa Business Reporter— Government will today sign a financing agreement of a $25,5 million grant with the International Fund for Agricultural Development to support Zimbabwe’s Smallholder Irrigation Revitalisation Programme, Finance and Economic Development Minister Patrick Chinamasa said.SIRP is consistent with the Government’s overall policy objective …
Industry suffers as cotton output drops November 18, 2016 Business Busisa Moyo Lovemore Zigara, Midlands CorrespondentTHE cotton to clothing value chain has been distorted owing to low output of the crop in the 2015/16 farming season. Oil expressers, textile and footwear manufacturing firms have been affected by the poor harvest. Less than 30 000 tonnes of cotton …
Colcom’s revenue increase Companies & Markets November 15, 2016By Staff Reporter Colcom’s markets are largely confined within Zimbabwe, but management has hinted regional expansion. REVENUE for the first quarter of 2017 at food processing company, Colcom Holdings, rose slightly higher than prior year comparable period largely on increased volumes traded. Speaking at the company’s annual general …
Government pins hopes on 99-year leases National Report November 17, 2016By Ray Ndlovu, Assistant Bureau Chief Economist Eddie Cross GOVERNMENT has once again begun talking up the country’s banks to accept as collateral the 99-year leases given to resettled black farmers following the 2000 land reform programme. The renewed push to unlock funding …
Nhimbe secures $2,5m for loan horticulture November 17, 2016 in Business NHIMBE Fresh Exports has secured a $2,5 million loan facility from the Europe-based United Exports, which is aimed at boosting the production of blueberry, raspberry, stone fruit and some vegetables. BY JAIROS SAUNYAMA The three-year loan facility has already been approved by the Reserve Bank of …
Duty on importation of private vehicles November 17, 2016 Business Any person who imports a motor vehicle is required to make a declaration of the particulars relating to the vehicle. Of paramount importance is the declaration of value which should tally with the selling price on the invoice or agreement of sale. It should be noted that …
Millers want contract farming in Special Economic Zones November 17, 2016 Business Tafadzwa Musarara Business Reporter— AGRO-processors want registered contract and corporate farming ventures to be placed under the Special Economic Zones to retain the current investments while also luring additional capital into contract and corporate farming.The agro-processors, most of whom have poured millions of dollars …
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Govt seeks foreign funding for Command Agriculture November 17, 2016 Local News Julia Mugadzaweta, Harare BureauThe Government has approached foreign financiers to meet the required $500 million target for the Command Agriculture programme after rejecting local offers because of the prohibitive interest rates charged. This was revealed by Vice President Emmerson Mnangagwa during a Zanu-PF caucus held …
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Govt urged to break silence on tobacco levy November 12, 2016 Local News Tobacco Industry and Marketing Board chairperson Mrs Monica Chinamasa congratulates The Herald senior agriculture reporter Elita Chikwati for scopping the best Tobacco reporter of the Year award in Harare yesterday. Picture by Tawanda Mudimu. Elita Chikwati Senior Agriculture Reporter Stakeholders in the tobacco industry …
$30 million export incentive for tobacco farmers November 14, 2016 Business Harare BureauTOBACCO farmers who sold their crop during the just ended marketing season will receive a cumulative $30 million as export incentives by the end of this month, the Reserve Bank of Zimbabwe has said. This comes after a total of 73 343 growers delivered …
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