Commercial Farmers' Union of Zimbabwe
Land Bank to assess projects for loans: Minister The Herald 15/12/2021 Elita Chikwati Senior Agriculture Reporter Farmers can now use the viability of their projects as collateral to access funding from the Land and Development Bank of Zimbabwe (Land Bank), Lands, Agriculture, Fisheries, Water and Rural Development Minister Anxious Masuka has said. He said this …
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Collateral registry to go live by year-end The Herald 7/12/2021 The collateral registry rides on the Credit Registry, which the Reserve Bank of Zimbabwe set up earlier, working with BSystems Limited of Ghana Business Reporter GOVERNMENT has said the collateral registry system, aimed at facilitating national financial inclusion, is set to be operationalised before year …
Organise, protect important documents The Sunday Mail 21/11/2021 A few weeks ago, I focused on my recommendation that as parents, we should consider sharing our financial lives with our adult children: “Discuss your finances and your estate with your kids.” A continuation of this discussion leads to the importance of organising our personal files — …
Transacting in new shares vs existing shares 5-7 minutes The Herald Godknows Hofisi I write to explain the difference between the issue or allotment of new shares compared to the exchange by shareholders of existing shares or shares already issued. I will first explain key terms. Share Capital Sections 20 and 95 of the Companies …
Rebounding Time Bank offers to fund white farmers’ debts – The Zimbabwe Independent By The Zimbabwe Independent 15/10/2021 BY TENDAI MAKARIPE ZIMBABWE’s first indigenous commercial bank, Time Bank, has announced a facility to help fund the US$3,5 billion compensation of former commercial white farmers who lost their farms at the height of the fast-track land …
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Bookkeeping, financial reporting a prerequisite The Herald 15/10/2021 Dr Keen Mhlanga The financial system is comprised of multiple financing options and this gives companies a wide range of preferences on maintaining liquidity. Investors are showing a keen interest in companies with a forecasted high growth rate in future earnings. The qualifying fundamentals include low …
How to structure partnership agreements The Herald 14/10/2021 Godknows Hofisi Introduction A partnership is essentially a business arrangement whereby people with common business interests come together to form a partnership to carry on business for mutual benefit. Unlike a company which is registered as such and has shareholders and directors a partnership has partners …
Pensioners to get loss of value compensation The Chronicle 6/8/2021 Oliver Kazunga, Senior Business Reporter THE Insurance and Pensions Commission (Ipec) will before the end of the year conclude modalities to start compensating early next year, policyholders and pensioners for the loss of value suffered prior to 2009. In 2015, former President Mugabe set up …
2021 Mid-Term Budget Review Statement NewsDay 30/7/2 Agriculture Growth of the agriculture sector in 2021 has been revised upwards on account of higher-than-expected performance of almost all crops particularly maize, groundnuts, and sorghum. The sector is, therefore, estimated to grow by 34%, up from the original Budget projection of 11%. The positive performance is on …
‘Zimbabwe economy in strong rebound’ Chronicle 30/7/2021 Prosper Ndlovu, Business Editor DESPITE the dampening Covid-19 pandemic, Zimbabwe’s economy is on a “strong rebound”, as the Treasury yesterday revised upwards the country’s Gross Domestic Product (GDP) growth projections to 7,8 percent, slightly above the 7,4 percent target announced in the 2021 National Budget Statement. Compared …