Zim’s daily power generation drops

Zim’s daily power generation drops January 26, 2015 Business Zimbabwe’s daily power generation has dropped to below 1 200 MW from about 1 400 MW that was being generated in recent months, statistics from the Zimbabwe Power Company (ZPC) show. Zimbabwe is currently facing power shortages as national power demand at peak periods is estimated at …

Lobby for 25pc fertiliser duty

Lobby for 25pc fertiliser duty January 26, 2015 Business Walter Muchinguri Assistant Business EditorThe fertiliser industry is lobbying Government to impose a 25 percent duty on compound or basal fertilisers in order to boost local production. Chemplex Corporation chief executive and spokesperson for the fertiliser industry Mr Misheck Kachere said they had already made representations to the …

Nat Foods invests $6,2m into contract farmin

Nat Foods invests $6,2m into contract farming January 23, 2015 Business Nelson Gahadza Business CorrespondentNational Foods has invested $6,2 million into contract farming in the 2014/15 agricultural season spread across maize, wheat and soya bean crops.Chief executive Mike Lashbrook said the scheme covers 58 farmers and is administered by Paperhole Investments (Pvt) Ltd. “The investment into …

Govt to establish authority for horticulture

Govt to establish authority for horticulture January 23, 2015 Business Business ReporterGOVERNMENT intends to establish an authority to promote the growth of the horticultural industry, Agriculture, Irrigation and Mechanisation Minister Dr Joseph Made has said.He said the sector was critical to the Zim-Asset programme and an entity that would promote growth of the industry was necessary. …

Tobacco marketing season preps underway

Tobacco marketing season preps underway January 23, 2015 Business Elita Chikwati  Agriculture ReporterPreparations for the 2015 tobacco marketing season are underway amid indications that there could be an oversupply of the crop on the international market, which could lead to lower prices. The expected glut in supply has resulted in merchants putting in strict conditions for the …

Govt to seize remaining white-owned farms

Govt to seize remaining white-owned farms WENDY MUPERI  •  21 JANUARY 2015 7:38PM  •   Share on pinterest_shareShare on google_plusone_shareShare on emailMore Sharing ServicesMARONDERA – Amid an aura of calculated menace, Joel Biggie Matiza, State minister for Mashonaland East, announced today government’s intention to press ahead with plans to seize Zimbabwe’s remaining white-owned commercial farms. “We have …

Tongaat Hulett aims to double sugarcane output

Tongaat Hulett aims to double sugarcane output January 22, 2015 in Business     HARARE—Sugar producer Tongaat Hulett Zimbabwe expects to nearly double its cane production to 1,8 million tonnes in 2016, anchored by a programme to raise output by new farmers, its spokesperson said yeasterday as the firm eyes a corresponding jump in raw sugar output …

KwaZulu-Natal sugar industry hard hit by drought

KwaZulu-Natal sugar industry hard hit by drought KWAZULU-NATAL has been hit by a severe drought that has disrupted business and reduced yields on farms, especially in the sugar sector, and could lead to job losses. The water shortage is expected to last for at least the next two months. Towns and rural areas have been …

Chances of flooding low: Zinwa

Chances of flooding low: Zinwa MARGARET CHINOWAITA, COMMUNITY AFFAIRS EDITOR  •  19 JANUARY 2015 12:45PM  • on twitter hare on facebook Share on google_plusone_shareSHARE ON PINTEREST_SHARE   Share on emailMore Sharing Services0   HARARE – The Zimbabwe National Water Authority (Zinwa) said chances of flooding in the flood-prone areas of  Zimbabwe are very low at the moment …