Commercial Farmers' Union of Zimbabwe
Investors snub Sable Chemicals February 24, 2015 Business Business ReportersSABLE Chemicals has failed to secure investors to provide about $700 million required for replacement of its high-cost electrolysis technology plant used for production of hydrogen. Zimbabwe’s sole manufacturer has not been able to immediately replace electrolysis with a low- cost alternative and will for now maintain …
Editorial Comment: CSC re-capitalisation crucial for its revival February 19, 2015 Opinion & Analysis IN his monetary policy statement last week, Reserve Bank of Zimbabwe Governor Dr John Mangudya singled out the revival of the Cold Storage Company as one of the critical planks upon which the overall resuscitation of the country’s economy hinges. Over the …
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Mzembi reflects on the Zim economy February 19, 2015 Business Walter MzembiJust woken up and am reflecting on some elements of the Zimbabwe economy and its composition seems to run as follows and this is by no means exhaustive: 1) A fast shrinking heavily taxed or taxed to extinction formal sector . . . pays the …
Govt urged to compensate farmers February 19, 2015 Local News Farirai Machivenyika Senior ReporterGovernment has been asked to pay the current market price for outstanding payments for maize delivered to Grain Marketing Board during the 2013-2014 marketing season. This was said by legislators when officials from the Agricultural Marketing Authority appeared before the Portfolio Committee on Lands, Agriculture, Mechanisation …
‘No money to revive national herd’ THE government does not have money to finance expanding the national cattle herd, but farmers must seek private partners to improve their lot, a junior minister has said. Official data shows that Zimbabwe has a national cattle herd of 5,3 million down from nearly six million cattle in 1996, …
AMA struggles to pay farmers February 18, 2015 in News The Agricultural Marketing Authority (AMA) has secured funds to pay just half of the maize delivered to GMB by farmers, further derailing the current farming season, it has emerged. BY VENERANDA LANGA AMA chief executive officer Rockie Mutenha yesterday appeared before the Parliamentary Portfolio Committee on Lands, …
Banks increase support for tobacco production February 12, 2015 Business Tinashe Kairiza Business CorrespondentTobacco production this summer cropping season is projected to have received 58 percent of the cumulative loans extended by banks to the agriculture sector, figures show. This translates to about $600 million of the estimated $1 billion that banks budgeted as production support for agriculture …
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Amatheon Agri expands grain production February 12, 2015 Business Business ReporterAMATHEON Agri, a Berlin based agribusiness and farming company, is set to embark on a countrywide expansion of grain production after a successful pilot project which saw the company partnering local maize farmers on contract farming basis. The company started operations last year, partnering five farmers in Norton …
Regulation impedes performance of industry ZIMBABWE Economic Policy Analysis and Research Unit (Zeparu) executive director Gibson Chigumira has said regulation now constitutes a significant cost in the overall production costs for firms, impeding the performance of industry.BATANAI MUTASAOWN CORRESPONDENT Speaking at a Confederation of Zimbabwe Industries (CZI) 2015 economic outlook symposium, Chigumira said economic success …