AMA needs $15m for soya

AMA needs $15m for soya AGRICULTURE Marketing Authority (AMA) needs more than $10 million to support the production of soya beans during the current summer cropping season, an official has said. MTHANDAZO NYONIOWN CORRESPONDENT AMA is the statutory body that regulates production, buying, selling and processing of agricultural products and it has been promoting contract …

Govt to mobilise $250m for farmers

Govt to mobilise $250m for farmers September 15, 2014 Wenceslaus MurapeBusiness Finance and Economic Development Minister Patrick Chinamasa Government is planning to mobilise over $250 million to support farmers in the upcoming 2014 /15 agricultural season under the Presidential Input Scheme, Finance and Economic Development Minister Patrick Chinamasa told the National Assembly last week.Agriculture has …

Bleak future as Chinamasa introduces new taxes

Bleak future as Chinamasa introduces new taxes September 12, 2014 in News ZIMBABWEANS should brace for a bleak future after Finance minister Patrick Chinamasa yesterday introduced a raft of new tax measures to bankroll the cash-starved government. VENERANDA LANGA SENIOR PARLIAMENTARY REPORTER Some of the measures include an upward review of fuel tax, employee benefits, meat, detergents …

Agribank fails to return to profitability

Agribank fails to return to profitability September 2, 2014 Business State owned Agricultural Bank of Zimbabwe Limited failed to return to profitability in the half year ending June, 2014 but managed to narrow its loss to $1,2 million from $3,7 million posted in the same period last  year.“The loss was mainly a result of the reduced …

Maize imports bill bleeds Zimbabwe economy

Maize imports bill bleeds Zimbabwe economy August 28, 2014  DIRECT imports of maize and wheat since 1999 have cost the country $3,3 billion due to shortfalls in domestic production, Bankers’ Association of Zimbabwe president Sam Malaba said yesterday. TARISAI MANDIZHA BUSINESS REPORTER Speaking at the second edition of the agro-business conference held on the sidelines …

Agric can spur growth: Mujuru

Agric can spur growth: Mujuru August 22, 2014 Local News VP Mujuru Elita Chikwati Agriculture ReporterThe agriculture sector has the potential to change the national economy as well as improve livelihoods of people, Vice President Joice Mujuru has said. Speaking after touring some stands at the Exhibition Park yesterday, VP Mujuru said she was excited by the vast …

Fresh farm invasions threat to FDI: Analysts

Fresh farm invasions threat to FDI: Analysts FRESH farm invasions by people claiming to be Zanu PF supporters will slow down foreign direct investment (FDI) which the country desperately needs, economic analysts have said. OWN CORRESPONDENT Scores of militant Zanu PF supporters recently invaded Zapu leader Dumiso Dabengwa’s Rudy Farm in Nyamandlovu, Matabeleland North, claiming …

AMA opens 2014/15 contract farming registry

AMA opens 2014/15 contract farming registry August 15th, 2014   Maxwell Chikanda, Ama director production planning and operations EMMERSON NJANJAMANGEZI – The Agricultural Marketing Authority (Ama) has opened registrations for the 2014/15 season contract farming for crops and livestock. In an interview yesterday, Ama director production planning and operations Maxwell Chikanda said potential contractors and …