Seed Co in debt collection drive

Seed Co in debt collection drive August 14, 2015 in Business ZIMBABWE Stock Exchange-listed Seed Co has embarked on an aggressive debt collection exercise as it seeks to reduce outstanding payments for deliveries made to customers from US$56 million by at least 60% by year end.   Fidelity Mhlanga Seed Co chief executive Morgan Nzwere told delegates …

Seed sector collapses from foreign acquisitions

Seed sector collapses from foreign acquisitions August 14, 2015 in News THE acquisition of major stakes in local seed companies by foreign firms is threatening the country’s control of the seed industry, with fears it could result in unfair competition or even the demise of seed manufacturing in the country, the Agricultural Marketing Authority (Ama) has warned. …

Fertiliser Firms Get US$40m

Fertiliser Firms Get US$40m Phillimon Mhlanga 13 Aug 2015 Denys Denya is Afreximbank vice-president in charge of finance, credit risk, administration and banking services CAIRO headquartered trade finance institution, African Export-Import Bank (Afreximbank), has extended close to US$40 million to the country’s two fertiliser companies, Sable Chemicals and Windmill, for working capital and recapitalisation, it has …

2015/2016 Agric Season In Financial Mess

2015/2016 Agric Season In Financial Mess Tabitha Mutenga 13 Aug 2015 Statistics show that over 90 percent of the country’s agricultural land is de facto State land and because of that private investment remains minimal due to lack of clearly defined property rights. DESPITE it being part of government’s mandate to ensure food security for its …

Govt approves plans to revive CSC

Govt approves plans to revive CSC August 11, 2015 Local News Minister Made Columbus Mabika Herald ReporterGovernment has approved plans to revive the Cold Storage Company, a move that will open new beef export markets for the country and create employment, a Cabinet minister has said. Agriculture, Mechanisation and Irrigation Development Minister Dr Joseph Made said …

Non-State actors key to reviving agric

Non-State actors key to reviving agric Posted on August 6, 2015 by ZimSitRep_W — 1 Comment ↓ via Non-State actors key to reviving agric | The Herald August 6, 2015 The issue of food insecurity and low productivity is not a Zimbabwean problem alone but a continental one. The African Union (AU) recognised the challenges of food insecurity and low agricultural productivity present to …

Tax Amnesty Further Extended

Tax Amnesty Further Extended Phillimon Mhlanga 6 Aug 2015   Zimra Commissioner-General Gershem Pasi, GOVERNMENT has extended the tax amnesty window by a further three months to the end of September, hoping this will persuade tax defaulters and evaders to own up on unpaid taxes through voluntary submission on account of forgiveness for a tax delinquency, …

Editorial Comment: Funding framework for farmers welcome

Editorial Comment: Funding framework for farmers welcome August 5, 2015 Opinion & Analysis Four months from now the rains will start falling, marking the beginning of the 2015-2016 summer agricultural season. Most farmers have already finished or are in the final stages of harvesting the crops they grew last season and have started or will soon …

$1,7bn required for agric season

$1,7bn required for agric season August 3, 2015 Headlines, Top Stories Minister Chinamasa Elita Chikwati Agriculture Reporter—Zimbabwe requires at least $1,7 billion to fund crop and livestock production during the 2015-6 summer cropping season, Finance and Economic Development Minister Patrick Chinamasa has said. This is a significant increase compared to $1,2 billion that was used to fund production during …