Agribank records $9,2M loss, banks on privatisation to recover

Agribank records $9,2M loss, banks on privatisation to recover Posted on March 30, 2014 by ZimSitRep_J — 5 Comments ↓ via Agribank records $9,2 mln loss, banks on privatisation to recover | The Source  March 28, 2014 The government-owned Agricultural Development Bank of Zimbabwe (Agribank) has posted a $9,2 million loss for the year ended December 31,  2013 compared to $5,6 million due to …

Agricultural Authority Seeks $155 Million to Buy Grain

Agricultural Authority Seeks $155 Million to Buy Grain Posted on March 30, 2014 by ZimSitRep_J — 1 Comment ↓ via Agricultural Authority Seeks $155 Million to Buy Grain VOAZimbabwe by Irwin  Chifera, Sithandekile Mhlanga Giving oral evidence before the parliamentary agriculture portfolio committee, AMA chief executive officer, Rocky Mutenha, said the organization has wrote to the government three weeks ago requesting a guarantee to borrow …

Funding Zimbabwe’s economic revival – 2

Funding Zimbabwe’s economic revival – Vince Musewe Posted on March 14, 2014 by ZimSitRep_J — 19 Comments ↓ via Politicsweb – Funding Zimbabwe`s economic revival by Vince Musewe 14 March 2014 History should only serve to remind us where we have come from but should never limit what we can become. I notice that I could have left some of my judicious readers on the …

Time for extraordinary solutions

Time for extraordinary solutions March 6, 2014 in Columnists, Opinion     The words we choose establish our life experience. I refuse to accept ordinary thinking and people who keep complaining about how things are in Zimbabwe and yet they continue to do nothing. The words we choose establish our life experience. We can complain all we want …

Govt wants banks to manage $100mln Brazil farm facility

Govt wants banks to manage $100mln Brazil farm facility Posted on March 3, 2014 by ZimSitRep_J — 2 Comments ↓ via Govt wants banks to manage $100mln Brazil farm facility  By Bernard Mpofu, HARARE, March 3, (The Source) Government plans to have local banks manage its $98.6 million small-scale agriculture credit facility with Brazil to minimise defaults, an official said. Brazil extended …

‘Kneel before your banks’ – Made tells farmers

‘Kneel before your banks’ – Made tells farmers Posted on February 20, 2014 by ZimSitRep_J — 14 Comments ↓ via ‘Kneel before your banks’ – Made tells farmers | The Source  February 18, 2014  Agriculture minister, Joseph Made said government will not fund this season’s winter crop and has urged farmers who benefitted from land redistribution to approach banks for funding instead. “The …