FAO sets up $43m facility

FAO sets up $43m facility November 12, 2014 Business Business ReporterTHE Food and Agriculture Organisation is setting up a $43,7 million facility meant to support extension advisory services and agricultural finance initiatives for rural communities to reduce poverty, ensure food security and good nutrition. FAO said under the framework, selected internationally recognised technical assistance organisations would …

Zimbabwe’s economy today and beyond

Zimbabwe’s economy today and beyond November 11, 2014 Business In a presentation titled “Coping with the Future” Professor Tony Hawkins highlighted the following in his speech at a British Council event recently . . . Policymakers and business leaders in Zimbabwe seem to share the opinion that past policies – some that worked and many that …

CTC blocks Irvine’s, Profeeds merger

CTC blocks Irvine’s, Profeeds merger November 7, 2014 Business Business ReporterThe Competitions and Tariffs Commission denied Innscor Africa the chance of creating a monopoly in the stock feeds industry after rejecting the listed company’s bid to acquire a 59 percent stake in Profeeds through Irvines Zimbabwe. CTC disapproved the transaction after noting concerns arising from the …

National Foods to invest $8,3m in plants

National Foods to invest $8,3m in plants November 5, 2014 Business About $4 million of the total investment will go towards fixing the flour milling plant Tinashe Makichi Business ReporterNational Foods Holdings Limited plans to invest about $8,3 million towards upgrading its plants, acting chief executive Mr Mike Lashbrook has said. Of the amount, about $4 …

Cost Of Achieving Food Self-Sufficiency In Zim

Cost Of Achieving Food Self-Sufficiency In Zim Peter Gambara 23 Oct 2014 THE month of October signals the start of the rainy season and most people shift their minds to how the country and as individuals they are prepared for the challenges brought about by a new agricultural season.  The government recently announced the setting aside …

ZB gets nod to float $10m agro bills

ZB gets nod to float $10m agro bills Posted on October 23, 2014 by ZimSitRep_W — 1 Comment ↓ via ZB gets nod to float $10m agro bills October 23, 2014 ZB Financial Holdings has been given the nod to raise $10 million to finance the agricultural sector. The money would be raised through agro bills. Group chief executive officer Ron Mutandagayi …

Beira corridor: The good, the bad & the promising

Beira corridor: The good, the bad & the promising 11:30 (GMT+2), Fri, Friday, September 05, 2014 In the five years to 2016/2017, the Mozambique government predicted that maize production would increase by 19,8% to 2,6 million tons, an annual average increase of 4,6%.Photo: FW Archive By Stanley Karombo The Mozambique government has committed itself to unlocking the enormous …