Commercial Farmers' Union of Zimbabwe
Agric sector eyes investments from France July 6, 2016 in Business THE agricultural sector is eyeing investments from France hoping it gets favourable results from an international rating agency.In its efforts of furthering bilateral economic ties with Zimbabwe, the French Embassy has partnered local company SeedCo to bring Momagri Agency. BY TATIRA ZWINOIRA One of Momagri’s shareholders …
DPC to transfer farmers’ Treasury Bills to other banks July 4, 2016 Business Business ReporterTHE Deposit Protection Corporation will transfer $2 million worth of Treasury Bills issued to tobacco farmers under the central banks tobacco retention scheme to other banks, as previous holder, Allied bank, is in liquidation. Unlike operational banks, Allied Bank is no longer in …
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Farmers want a break SUNDAY MAIL REPORTER 1 DAY AGO Livingstone MarufuFARMERS want Government to direct banks to reduce lending rates for farming to become a viable venture and ensure food security. Planning has already begun for the next summer cropping season and farmers say until the cost of borrowing is pegged at “reasonable” levels, the …
Ariston records 32pc loss July 1, 2016 Business Business Reporter AGRO-CONCERN, Ariston Holdings revenue for the half-year ended March 2016 slipped 32 percent to $3,8 million on reduced potato production due to the poor start to the rainy season and erratic utility supplies. Zimbabwe experienced a late onset to the rainy season due to the El Nino …
Cargo stuck as importers struggle for permits July 1, 2016 Local News Thupeyo Muleya Beitbridge BureauCommercial cargo has been stuck at Beitbridge Border Post for the past seven days as importers struggle to get permits to ship goods that are restricted from Open General Import Licence under Statutory Instrument (SI) number 64 of 2016. The SI tightens …
Agribank to float agro bills in July June 28, 2016 Business Agribank is planning to link farmers to corporate off takers who are currently importing to mitigate foreign exchange outflow Enacy Mapakame : Business Reporter THE Agricultural Development Bank of Zimbabwe will float agro bills in July to raise $20 million to enhance agriculture financing. This comes as …
Cash crisis impedes grain imports: GMAZ June 24, 2016 in Business THE Grain Millers Association of Zimbabwe (GMAZ) is set to hold a meeting with the Reserve Bank of Zimbabwe (RBZ) over Telegraphic Transfer (TT) delays which have affected imports posing a threat to the food security situation. BY TARISAI MANDIZHA Currently TT transactions are taking four …
Government issues licences for gazetted products June 22, 2016 Business, Headlines, Top Stories Minister Bimha Business Editor Government has started processing licences for those with consignments which were already in transit before the statutory instrument to control the importation of various products was gazetted. Government through the Ministry of Industry and Commerce gazetted import controls under SI 64 of …
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Obligations of a taxpayer at cessation of business June 23, 2016 Business IT is the duty of every registered operator to notify the Commissioner General of ZIMRA, in writing, of his/her intention to cease operations and apply to be de-registered. The reasons for cessation of business operations include but are not limited to;– Deregistration of a …
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Chinamasa defends imports ban June 23, 2016 Headlines, Top Stories Minister Patrick Chinamasa Lloyd Gumbo Harare BureauTHE Government has defended its decision to control the importation of specified goods that are locally produced saying this was meant to curtail externalisation of the United States dollar and to protect local industry. Finance and Economic Development Minister Patrick Chinamasa told …