Commercial Farmers' Union of Zimbabwe
Locals divided over international fuel prices knock December 5, 2014 in News ZIMBABWEANS will start to enjoy the reduction in international fuel prices as early as today when retailers are expected to cut forecourt prices of diesel and petrol. BUSINESS REPORTER Petrol prices are currently ranging between $1,53 and $1,58 per litre, while diesel costs between $1,43 …
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Sugarcane producers clash with Zimra December 5, 2014 Business Sugarcane producers in Chiredzi have clashed with the Zimbabwe Revenue Authority over their bank accounts that were garnished to recover outstanding tax arrears. The Zimbabwe Commercial Sugar Cane Producers Association (ZCSCPA) has since approached the High Court to recover about $500 000 which the association claims was …
CBZ to float $50m agric bills December 4, 2014 Business Business ReporterCBZ Bank has issued Agricultural Marketing Authority bills worth $50 million after successfully raising $53 million in the first issue floated on June 1 this year. The funds will help the Grain Marketing Board pay farmers for the maize to be delivered this season. The …
$400m needed for 2014-15 farming season December 4, 2014 in Business THE country requires $400 million for the 2014-15 agricultural season, but funding remains a major challenge to the sector, it has emerged. BUSINESS REPORTER In an interview yesterday Commercial Farmers’ Union of Zimbabwe (CFU) director Hendrik Olivier said most small-scale farmers will not be able …
Mutsvangwa assures ambassadors of safe investment environment November 28, 2014 Local News David Shumba Herald ReporterForeign Affairs Deputy Minister, Cde Christopher Mutsvangwa yesterday assured ambassadors that the Zanu-PF congress that is scheduled for next week will eliminate all obstacles to investment and make the country a more conducive investment destination. Cde Mutsvangwa told ambassadors who were …
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Mangudya likens economy to ‘Sodom and Gomorrah’ November 14, 2014 Business Reserve Bank of Zimbabwe Governor Dr John Mangudya on Thursday likened the situation in the Zimbabwean economy as similar to the biblical city of Sodom and Gomorrah which God destroyed over high levels of sin. Mangudya, who was speaking at a seminar on the financial …
Seed Co realises $16m revenue November 14, 2014 Business Seed Co realised $16 million revenue in the half year to September, seven percent down on the same period last year but the company expects turnover to bounce back on increased maize seed sales with the onset of the rain season. Winter cereals were 25 percent lower …
Govt to help fund dam construction November 14, 2014 Business Jeffrey Gogo Business CorrespondentGOVERNMENT will early next year issue a $300 million bond to help fund and speed up countrywide dam construction, a key defence against climate change and global warming, The Herald Business has established. Environment, Water and Climate minister Saviour Kasukuwere yesterday announced an …
David Whitehead resumes operations November 13, 2014 Business Martin Kadzere Senior Business ReporterDavid Whitehead Textiles resumed operations this week following four years of inactivity. The textile company restarted operations, beginning with a shorter working capital turnaround route of converting yarn into fabrics, then dyeing, printing and finishing of the fabrics, judicial manager Mr Knowledge Hofisi said …