Commercial Farmers' Union of Zimbabwe
Tobacco payment plan to enhance self-financing April 4, 2016 Local News Elita Chikwati Agriculture ReporterThe new tobacco payment plan, by ensuring that farmers receive payment through banks, is expected to increase farmers’ chances of accessing funding from banks and growers may shift from contract farming to self financing. Starting this season, tobacco growers will be paid through …
Agriculture key to economic revival March 31, 2016 Business Gift Mugano Zimbabwe is an agro-based economy. About 70 percent of the raw materials which goes into manufacturing sector comes from the agricultural sector. This figure excludes the services sector like hotels, restaurants and other catering services which draws their raw materials from the agricultural sector. This is a …
Understanding the red, green route system March 24, 2016 Business The Green and Red Route system is designed to simplify and speed up the handling of travellers at entry points such as border posts and airports. Under this system, the vast majority of travellers who are not carrying dutiable or restricted goods are able to pass …
Banks reject 99-year leases Posted on March 19, 2016 by ZimSitRep_M — 5 Comments ↓ via Banks reject 99-year leases – The Zimbabwe Independent March 18, 2016 DESPITE government assurances to beneficiaries of Zimbabwe’s controversial fast-track land reform programme, local banks continue to reject 99-year leases as collateral, the Zimbabwe Independent has learnt. Herbert Moyo Finance minister Patrick Chinamasa last week on Tuesday …
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Provisions for deferment of VAT March 17, 2016 Business Did you know that with effect from the 1st of January 2015 the period of deferment of Value Added Tax (VAT) was increased to 180 days depending on the value of the equipment imported? VAT is normally payable on the importation of goods or removal of goods …
Bankers accept 99-year leases as security for farmers’ loans March 9, 2016 Headlines, Top Stories Minister Patrick Chinamasa Harare BureauFARMERS can now use the 99-year leases to borrow money from the banks after the government and bankers straightened outstanding issues that were making banks reluctant to accept the leases as security. The move, barring El Nino-induced drought, …
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Engage financiers over loans’ repayment, farmers told March 7, 2016 Local News Elita Chikwati Agriculture ReporterFarmers have been urged to approach financial institutions to find ways of repaying loans as the financed crops have failed due to drought. Due to the El Nino-induced drought, a number of farmers would not be able to fully pay back their …
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Farmers benefit from EU project Posted by Staff Reporter 0 Companies & Markets March 3, 2016 The EU project seeks to empower smallholder farmers. THE US$29 million Zimbabwe Extension Support and Training (ZEST) project which the European Union (EU) has been funding for the past three years has now come to an end.Two weeks ago, the …
Stanbic unveils debit card for tobacco farmers Posted by Staff Reporter 0 Companies & Markets March 2, 2016 Mr and Mrs Chinyani from Shamva (far right) receiving their TSF Grower of the Year Runner up award (generator and boom spray) from Stanbic Bank manager Willing Dizawatiza. Looking on is TIMB chairperson Monica Chinamasa and TSL chairman …