Commercial Farmers' Union of Zimbabwe
Govt struggles to raise agric funds http://www.dailynews.co.zw By Business WriterWednesday, 21 December 2011 08:36 HARARE – The government is struggling to raise capital to support the 2011/2012 agricultural season after two critical fund-raising schemes were unsuccessful. This comes on the back of the Agricultural Marketing Authority’s (Ama) 360-day agro bills targeted at raising $100 million only realising $17,7 million …
Long bank queues return as cash shortages hit Zim http://www.swradioafrica.com By Tererai Karimakwenda21 December, 2011 A shortage of cash has hit many banks in Zimbabwe as the Christmas holiday approaches, despite assurances by the Bankers Association that all banks had enough money for the festive season. Local reports said some banks had already run out of cash …
Read more “Long bank queues return as cash shortages hit Zim”
Zimbabwe Financial Experts Question Government’s Latest Agro-Finance Plan http://www.voanews.com 16 December 2011 Some see the program as a desperation move as agricultural experts warn that many Zimbabwean farmers have found it more difficult than ever to purchase the seed and fertilizer they need Violet Gonda | Washington Zimbabwe Bankers Association President John Mushayavanhu said: “The main problem is …
Read more “Zimbabwe Financial Experts Question Government’s Latest Agro-Finance Plan”
Zimbabwe Launches of US$100 Million AGROBILLs http://www.swradioafrica.com CABINET OF ZIMBABWE PRESS STATEMENT THE LAUNCH OF AMA AGROBILLS INITIATIVE, 5th December 2011 Summary of Recommendations Following extensive consultations with financial institutions, seed houses, fertilizer companies and millers, the Cabinet Inter-Ministerial Committee on the Commercial Financing of Agriculture proposed commercial investment of US$100 million of new money from Zimbabwean financial …
2012 National Budget Statement The National Budget Statement by Finance Minister Tendai Biti proposed a US$4 billion budget for 2012. Resumed trading in the country’s diamond resources is expected to contribute US$600m. He said the 2012 budget was inspired by the need for economic growth and job creation A GDP growth rate of 9.4 percent …
Cattle banking plans http://www.thezimbabwean.co.uk TN Bank in Zimbabwe is planning to introduce cattle banking, a new innovative product meant to empower rural farmers and alleviate poverty, Hazvinei Kapfunde, Group Chief Treasury Officer said recently.23.11.1107:39amby Wallace Mawire Farmers will no longer have to keep tabs on their cattle, thanks to a new initiative to be established by TN Bank. …
Govt not in control of inflation http://www.theindependent.co.zw/ Thursday, 17 November 2011 16:59 By Innocent Makwiramiti THE major factors influencing growth of inflation are both external and internal. Latest figures from Zimstats show that inflation, as measured by the consumer price index, stood at 4,3% year on year for the month of September 2011. Growth was driven by foodstuffs, …
Zimbabwe embarks on eco friendly fuel project http://www.theindependent.co.zw/ Thursday, 17 November 2011 16:22 Paul Nyakazeya ZIMBABWE through Green Fuel has joined a growing list of world economies taking up the call to reduce carbon emission while enjoying local benefits of a homegrown solution to fuel independence. Green Fuel ethanol is produced locally from sugar cane grown in Chisumbanje. …
Zimbabwe Allocates $45 Million to Small Farmers For 2011-2012 Season http://www.voanews.com/ 26 October 2011 Investment Minister Tapiwa Mashakada said although the funds are limited, the input scheme will go a long way to help struggling farmers Gibbs Dube & Violet Gonda | Washington The Zimbabwean government has earmarked $45 million for financially strapped small farmers and poor …
Read more “Zimbabwe Allocates $45 Million to Small Farmers For 2011-2012 Season”
‘Zim secures $300m Brazil farm loan’ http://www.iol.co.za/ October 27 2011 at 03:49pm Zimbabwe has secured a $300 million loan from Brazil to finance agriculture and boost crop production after successive years of food deficits, state media reported on Thursday. The loan is part of Brazil’s aid programme for Africa, the state-controlled Herald newspaper said. Agriculture Minister Joseph Made …