AfDB to fund Zimbabwe beef, leather project

AfDB to fund Zimbabwe beef, leather project November 11, 2015 Business Tinashe Makichi, Harare BureauThe African Development Bank has promised to avail funding for the support of Zimbabwe’s beef and leather value chain technical assistance project. The overall goal of the technical assistance project is to catalyse Zimbabwe’s economic growth and contribute in addressing the country’s …

Govt rescues Cottco

Govt rescues Cottco November 9, 2015 Business Martin Kadzere Senior Business ReporterGOVERNMENT has come to the rescue of cash strapped Cottco Holdings after agreeing to provide inputs to support the company’s contract farming programme this season. The Government, which has a 16 percent shareholding in the country’s largest cotton company through the National Social Security Authority, …

$7m tobacco levy lies idle

$7m tobacco levy lies idle November 7, 2015 Local News Dr Matibiri Elita Chikwati Agriculture ReporterABOUT $7 million that was contributed by farmers through the tobacco levy is lying idle as the Tobacco Industry and Marketing Board is waiting for instruction from Government on how the fund should be utilised. Government re-introduced a 1,5 percent tobacco levy …

Enhance Productivity, Food Security

Enhance Productivity, Food Security 29 Oct 2015 How can we enhance our productivity, especially of food crops given the looming possibility of normal to below normal rainfall expected? Denias Zaranyika AGRICULTURE is at the centre of the economy in Zimbabwe. It contributes between 15 to 20 percent to the national Gross Domestic Product. The sector …

Pioneer, Pannar merge

Pioneer, Pannar merge October 29, 2015 Business Elita Chikwati Agriculture ReporterDuPont Pioneer has said the merger between Pioneer HI-Bred (Zimbabwe) Private Limited and Pannar Seed Zimbabwe will enable the companies to pool their resources together and improve their expertise in seed breeding. The merged entity will now be headed by Temba Nkatazo and will trade as DuPont …

‘Budget should prioritise agriculture’

‘Budget should prioritise agriculture’ October 30, 2015 Local News Mr Zakariya Elita Chikwati Agriculture ReporterFARMERS have said they expect the 2016 National Budget to prioritise recapitalisation of the Grain Marketing Board and Agribank to boost agricultural productivity. They said the Budget should project agriculture as the backbone of the economy. Zimbabwe Farmers Union director Mr Paul Zakariya …

Made urges contractors to fully fund farming

Made urges contractors to fully fund farming October 27, 2015 in Business The African Development Bank (AfDB) should do a comprehensive study on the contract system in agriculture to come up with recommendations which remove bottlenecks in the system, a government minister has said.   BY BUSINESS REPORTER In his contribution to the high-level conference on financing …

Agric ministry tables $543m budget

Agric ministry tables $543m budget October 27, 2015 Business The Ministry of Agriculture needs to strengthen its veterinary health services, especially in the provinces which are prone to foot and mouth (disease) outbreaks Business reporterTHE Ministry of Agriculture, Mechanisation and Irrigation Development has tabled a proposal for $543 million under the 2016 national budget to finance …

US$1bn agric loan facility: Ball now in govt’s court

US$1bn agric loan facility: Ball now in govt’s court October 23, 2015 in Opinion     Our Zimbabwean banks recently unveiled a US$1 billion credit facility for farmers for the 2015/16 farming season. However, the farmers cried foul this week, claiming that the terms attached to the credit facility were prohibitive and unfriendly. Who is to blame …

Decline in agric activity hampers economic growth

Decline in agric activity hampers economic growth October 19, 2015 Local News, Top Stories Yoliswa Dube Bulawayo BureauThe decline of activity in the agricultural sector has deepened the economic downturn in rural communities which continue to reel under poverty. Statistics show a 23 percent decrease in the national household income average in rural areas, attributed largely to …