99-year leases can be cancelled: Govt

99-year leases can be cancelled: Govt http://www.thezimbabwean.co.uk Ninety-nine year land leases offered to new farmers could be terminated should the beneficiaries fail to utilize the land for two consecutive years, the ministry of lands officials said over the weekend.05.10.1109:46amby Jane Makoni The government gave 99-year lease letters to a few top party and government senior officials believed to …

Government suspends proposed vehicles ban

Government suspends proposed vehicles ban http://www.thezimbabwemail.com 04/10/2011 20:46:00    by HAHARE – Government has suspended the proposed ban on the importation of second hand vehicles of more than five years till further notice. The Minister of Transport, Communication and Infrastructural Development, Nicholas Goche said after wide consultations, the proposed ban on the importation of second hand vehicles has been …

Give resettled farmers title: banker

Give resettled farmers title: banker http://www.zimonline.co.za/ by Naume Muza     Tuesday 04 October 2011 KADOMA — Zimbabwe’s government should give title to black villagers resettled on former white commercial farms newly to pave way for banks to lend to the new farmers against their properties, one of the country’s leading bankers has said. TN Bank founder Tawanda Nyambirai said …

Land rights: Banks speak-out

Land rights: Banks speak-out http://www.thestandard.co.zw/ Sunday, 04 September 2011 11:12 BY STAFF REPORTERTHE Bankers Association of Zimbabwe (Baz) says lenders should be given the same rights as the government in the ownership of land to resolve the issue of collateral caused by the nationalisation of land. The move is set to provide a lasting solution to lack …

BANKS HAPPY WITH CHANGES TO 99-YEAR FARM LEASES

BANKS HAPPY WITH CHANGES TO 99-YEAR FARM LEASES The Herald 30 August 2011 Banks have agreed in principal to accept the improved 99-year leases as collateral when farmers apply for loans. This comes at a time when Finance Minister Tendai Biti has said Government does not have capacity to fund agricultural activities. Banks have been …

SundayOpinion: Old Mutual payouts: Is this a fair deal?

SundayOpinion: Old Mutual payouts: Is this a fair deal? http://www.thestandard.co.zw/ Sunday, 14 August 2011 19:09 By Desmond Kumbuka Old Mutual, arguably the largest life assurance conglomerate in the country, has been running advertisements informing policyholders that the values of their policies had been converted into US dollars. The company announced that it is carrying out a “payout exercise”  …

Sadc summit to discuss free trade

Sadc summit to discuss free trade http://www.thestandard.co.zw/ Sunday, 14 August 2011 19:20 BY KUDZAI CHIMHANGWA The Southern African Development Community (Sadc) summit in Luanda, Angola this week will discuss modalities of setting up the long awaited regional free trade area.Commonly referred to as the Tripartite FTA (T-FTA), the free trade area is meant to allow the duty-free, quota-free …

Eric Bloch: RBZ sees realities

Eric Bloch: RBZ sees realities http://www.theindependent.co.zw/ Thursday, 11 August 2011 19:15 THE Monetary Policy Statement (MPS) recently presented by the Governor of the Reserve Bank of Zimbabwe,  Gideon Gono, was like several breaths of fresh air. It demonstrated an awareness of the innumerable constraints still impacting upon Zimbabwe’s economy, in striking contrast to the recurrent contentions by so many …

Alternative financing explored

Alternative financing explored http://www.theindependent.co.zw/ Thursday, 04 August 2011 16:15 Julius Chikomwe FINANCE minister Tendai Biti, last week indicated in his mid term fiscal review that the country had limited fiscal space within which to manoeuvre. This resulted in him allocating a paltry US$70 million towards the Zimbabwe Economic Trade Revival Facility (ZETRAF). The minister lamented the absence of alternative …

Debt: The albatross around Zim’s neck

Debt: The albatross around Zim’s neck http://www.theindependent.co.zw/ Thursday, 04 August 2011 17:36 By Deprose Muchena IT IS common cause that the Government of National Unity (GNU) has presided over a dramatic economic turnaround, which has seen the country claw its way back from the brink of total economic collapse. It is also widely acknowledged that there are serious …