Court orders CIO official off flower farm

Court orders CIO official off flower farm June 17, 2015  A SUSPECTED Central Intelligence Organisation (CIO) official who early this month invaded a horticulture farm near Goromonzi, threatening the jobs of more than 150 workers, has been ordered to vacate the farm forthwith. BY CHARLES LAITON/PHYLLIS MBANJE Harare High Court judge Justice Nicholas Mathonsi ordered …

Bogus cops rob farmers, get away with car, 31 tobacco bales

Bogus cops rob farmers, get away with car, 31 tobacco bales June 17, 2015  TWO cheeky Harare criminals who posed as police officers while robbing farmers of their lorry and 31 bales of tobacco on Monday were yesterday arraigned before magistrate Tendai Mahwe for initial remand. BY PAIDAMOYO MUZULU Godfrey Chirimanyemba (53) and Nevson Chitongo …

Govt recapitalises Agribank

Govt recapitalises Agribank June 17, 2015    GOVERNMENT has injected $30 million to recapitalise Agribank which makes the institution compliant with the Reserve Bank of Zimbabwe (RBZ) minimum capital requirements and enables it to underwrite increased business volumes, the bank said yesterday. BUSINESS REPORTER RBZ requires commercial banks to have minimum equity thresholds of $25 …

Mana Pools among top safaris in Africa

Mana Pools among top safaris in Africa June 17, 2015  Mana Pools National Park has been adjudged as one of the top safaris in Africa, according to a latest ranking by an online resource that profiles safaris. BUSINESS REPORTER According to a survey by SafariBookings.com, Mana Pools was ranked fourth behind Serengeti National Park (Tanzania), …

Zimbabwe harvests shrivel as rains and government farm support dry up

Zimbabwe harvests shrivel as rains and government farm support dry up   BULAWAYO- For many years, Miriam Hlabangana, a farmer in Gwanda, about 150 kms south of Bulawayo, planted and harvested enough maize to not only feed her family but sell some excess to buyers from Bulawayo and beyond. BY MARKO PHIRI That abundance was …

Seed Co takes over Prime Seeds

Seed Co takes over Prime Seeds June 12, 2015 Business Business ReporterSeed Co Limited has acquired a 100 percent stake in Prime Seeds Limited, one of the biggest vegetable seed growers in the country. Seed Co Limited group chief executive Mr Morgan Nzwere yesterday told analysts at the company’s results briefing that the company has acquired Prime …

Land Reform Nightmare

Land Reform Nightmare Nelson Chenga 11 Jun 2015 GOVERNMENT, battling to stem an accelerating economic crisis that was primarily triggered by its land reform programme, is contemplating returning some underutilised farmlands back to a number of former white owners after failing to compensate them, the Financial Gazette can report.The move comes as a US judge last week dismissed …

Chinamasa pleads with banks

Chinamasa pleads with banks June 11, 2015 in Business FINANCIAL institutions should be innovative and create products that tap into the agricultural sector, Finance minister Patrick Chinamasa said yesterday.   BY TARISAI MANDIZHA Speaking at the Africa Regional Rural and Agricultural Finance Thematic Conference, Chinamasa said banking institutions in Zimbabwe had failed to adjust to the structural …