BancAbc to boost small-scale sugarcane farmers

BancAbc to boost small-scale sugarcane farmers August 4, 2016 Business Tinashe Makichi recently in VICTORIA FALLS BANCAbc will invest more funds to support small-scale sugarcane farmers in the Lowveld after having already invested $21 million in the sector over the past four years. BancAbc head of retail Rufaro Hatendi on Tuesday said the financial services company has …

Indebted farmers seek Zamco bailout

Indebted farmers seek Zamco bailout August 4, 2016 Business Mr Wonder Chabikwa Oliver Kazunga, Senior Business ReporterTHE Zimbabwe Commercial Farmers’ Union (ZCFU) is seeking the takeover, by the Zimbabwe Asset Management Company (Zamco), of non-performing loans from burdened farmers. The asset management company, which started operating last year, was established by the Reserve Bank of Zimbabwe in …

‘Let’s produce for export’

‘Let’s produce for export’ August 3, 2016 Business Anthony Mandiwanza Prosper Ndlovu, Business EditorZIMBABWEAN companies should seek improved competitiveness and produce for export to boost liquidity in the economy and create jobs, Dairibord Holdings Limited chief executive officer, Mr Anthony Mandiwanza, has said. The prevailing liquidity problem and reliance on imports are a symptom of poor domestic …

Dairibord scoops CZI award again

Dairibord scoops CZI award again August 1, 2016 Business Business ReporterDairibord Zimbabwe scooped the Confederation of Zimbabwe Industries Company of the Year award for the second year running. The Zimbabwe Stock Exchange-listed group beat fellow listed companies Afdis and Colcom that were first and second runner up respectively. Clothing and textiles maker, Paramount Garments scooped the Exporter of …

Maize programme gets boost

Maize programme gets boost August 1, 2016 Headlines, Top Stories Lloyd Gumbo Senior Reporter—Seed, fertiliser and chemical manufacturing companies have pledged support for a command agriculture initiative recently introduced by Government, Vice President Emmerson Mnangagwa has revealed. The programme seeks to achieve self-sufficiency in the provision of food for the next three to four years with 400 000 hectares …

Major inputs deals for summer croppers

Major inputs deals for summer croppers  SUNDAY MAIL REPORTER 1 DAY AGO Livingstone MarufuPREPARATIONS for the 2016/2017 summer cropping season received a major boost with Government introducing subsidised inputs to ensure food security. This comes after a bad cropping season blighted by the El Nino weather phenomenon, which causes severe drought. Agriculture, Mechanisation and Irrigation …

Govt secures funding for leather, beef

Govt secures funding for leather, beef July 29, 2016 in Business   GOVERNMENT is set to implement a $2,3 million African Private Sector Assistance Fund aimed at developing the leather and beef value chain in Matabeleland region, an official has said. BY MTHANDAZO NYONI Addressing delegates during the Confederation of Zimbabwe Industries (CZI) 2016 annual congress in …

Meikles to expand agri-business

Meikles to expand agri-business July 29, 2016 Business Meikles Africa, a diversified company that jointly owns TM Supermarkets with South Africa’s Pick n Pay, is expanding its agribusiness unit, Tanganda Tea Estates in the Chipinge district of Manicaland, revealing ambitious plans to grow coffee, macadamias and avocados in the Eastern Highlands region of the country.In an …

CZI look to synergies with farmers

CZI look to synergies with farmers July 28, 2016 Business Business ReporterCAPTAINS of industry yesterday pledged to increase their synergies with raw material producers particularly farmers as part of a drive to buttress value addition and broadening opportunities in the economy. Confederation of Zimbabwe Industries (CZI) president and United Refineries chief executive officer Mr Busisa Moyo …