Defaulting farmers lose property

Defaulting farmers lose property July 9, 2015 Local News Elita Chikwati Agriculture ReporterSome farmers have lost their property to banks and contractors after failing to pay back loans, their representative bodies have confirmed. The farmers are losing houses, tractors, carts, roofing materials and livestock for not paying back loans. Zimbabwe Farmers’ Union executive director, Mr Paul Zakariya said …

Tobacco sales down 15pc

Tobacco sales down 15pc July 8, 2015 Business This year’s crop was affected by heavy rains that delayed the harvesting and subsequently the opening of the auction floors Munesu Nyakudya Business ReporterTobacco Industry and Marketing Board (TIMB) seasonal sales are down 15 percent from the same period last year. Latest data shows that 178,9 killogrammes of tobacco …

Wadyajena takes cotton firms to task

Wadyajena takes cotton firms to task July 7, 2015 Headlines, Top Stories Cde Wadyajena Lloyd Gumbo Senior ReporterCOTTON companies in Gokwe-Nembudziya must make meaningful contribution to villagers in the area through corporate social responsibility, the National Assembly member for the constituency, Cde Justice Mayor Wadyajena has said. Cde Wadyajena made the remarks on Saturday when he met …

97,000 tobacco farmers register

97,000 tobacco farmers register July 7, 2015 Business Oliver Kazunga Senior Business ReporterTHE number of registered tobacco growers for the 2015 farming season in Matabeleland region has decreased by 21,4 percent to 14 compared to 11 recorded last year, official figures show. Latest figures from the Tobacco Industry and Marketing Board (TIMB) reveal that Matabeleland, which …

Solar Expo set for Bulawayo

Solar Expo set for Bulawayo July 7, 2015 Business Brighton Gumbo Business ReporterBULAWAYO will host an inaugural expo on solar energy this weekend to deliberate on the development of renewable energy opportunities in solar power. The expo is being organised by SNV Netherlands, a non-governmental organisation in partnership with council, solar companies and the provincial leadership. …

$3bn Lusulu power plant construction expected to begin next year

$3bn Lusulu power plant construction expected to begin next year July 7, 2015 Business THE construction of independent power producer, Pan-African Energy Resources (PER)’s proposed 2,000 MW Lusulu Coal Power Plant in Binga should commence in the first half of 2016 if the Zimbabwe Energy Regulatory Authority (Zera) approves the company’s proposedamendments to its generation licence. …

Pasture shortage puts 600k cattle at risk

Pasture shortage puts 600k cattle at risk July 7, 2015 Local News Leonard Ncube Victoria Falls ReporterFARMERS in Matabeleland North risk losing about 600,000 head of cattle due to a shortage of pastures caused by drought, the livestock department has said. Acting provincial livestock officer, Addmore Chikohwa told The Chronicle yesterday that Hwange, Binga and Tsholotsho …

Zim flies 20 elephants to China amid rise in poaching

Zim flies 20 elephants to China amid rise in poaching July 7, 2015 in Business Zimbabwe has exported 20 elephants to private game parks in China as part of conservation efforts and amid rising poaching in southern Africa.   “The elephants arrived safely in China yesterday (Sunday)” after being flown out of Harare International Airport on Saturday,” …

Ernst & Young to advise on Batoka project

Ernst & Young to advise on Batoka project July 6, 2015 Business Villagers in the Sikumbi and Chisuma areas, which are nearer to the Batoka Gorges have embraced the project Sydney Kawadza Senior ReporterThe Zambezi River Authority has engaged Ernst & Young as financial and legal transaction advisors for the development of the Batoka Gorge Hydro Electric …