Commercial Farmers' Union of Zimbabwe
Grain reserves ‘severely’ depleted: AfDB http://www.newzimbabwe.com/ 21/04/2013 00:00:00 by Roman Moyo POOR harvest and lack of fertilizer in the last season left the country with severely depleted grain reserves African Development Bank (AfDB) said in its Zimbabwe monthly economic review for March. According to the report released this week, the Grain Marketing Board (GMB) had 92,000 tonnes of …
Zim prepares law to seize company stakes without paying http://www.moneyweb.co.za/ Bloomberg|22 April 2013 14:18 Zimbabwe’s government is preparing a law that would allow it to seize controlling stakes in companies without compensation, according to a draft of the legislation obtained by Bloomberg News. The law would be an amendment to a 2007 act that compels foreign and white-owned …
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Zim: Minister loses patience with ‘defiant’ Tongaat Hulett http://mg.co.za/ 20 APR 2013 13:12 – RAY NDLOVU Saviour Kasukuwere, indigenisation and empowerment minister, has turned up the heat on sugar grower Tongaat Hulett over its Hippo Valley unit. Tongaat Hulett is listed on the Zimbabwe Stock Exchange. The Zimbabwe unit contributed 19% to Tongaat Hulett’s total interim …
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Look forward, not backwards http://www.thestandard.co.zw April 21, 2013 in Editorial, Opinion Zimbabwe has a US$10 billion economy, while the global economy is pegged at US$700 trillion; a speck of dust on a megalith. Economically, Zimbabwe lags behind most countries in sub-Saharan Africa including Mozambique. If Zimbabwe puts all its ducks in a row, it will overtake Mozambique’s gross domestic …
War over tobacco out-grower schemes http://www.thestandard.co.zw April 21, 2013 in Business MULTINATIONALS and Chinese firms should leave tobacco out-grower schemes to indigenous players if government’s empowerment drive is to be meaningful, the Zimbabwe Economic Empowerment Council (Zeec) has said. REPORT BY OUR STAFF An out-grower scheme refers to an agreement between a buyer and farmers, which establishes the …
Biti orders Farmer’s World probe http://www.thestandard.co.zw April 21, 2013 in Business FINANCE minister Tendai Biti has ordered a probe into the affairs of the Zimbabwe Farmers Development Company (ZFDC) after government was forced to settle its Chinese loan. REPORT BY KUDZAI CHIMHANGWA But ZFDC has insisted that its books of accounts are in order. The company is jointly …
Poverty datum line increases by 1% http://www.thezimbabwean.co.uk/ 20.04.13 by Rebecca Moyo THE Zimbabwe Statistical Office (Zimstats) said the National Food Poverty Line for March as measured stood at US$34,84 per person, an increase of 1 percent from US$34,5. The International Labour Organisation recommends that the PDL should be used as a benchmark or reference point in determining minimum …
Grain shortage pushes up maize-meal prices http://www.thezimbabwean.co.uk/ 20.04.13 by Rebecca Moyo POOR harvest and lack of fertilizer in the last season left the country with severely depleted grain reserves African Development Bank (AfDB) said in its Zimbabwe monthly economic review for March. According to the report released this week, AfDB reported that the Grain Marketing Board (GMB) had …
Govt engages private millers to import grain http://www.theindependent.co.zw/ April 19, 2013 in Business Government has engaged private millers to import grain to compliment its effort in ensuring food security in the country, Finance minister Tendai Biti said early this week. Report by Fidelity Mhlanga Presenting his March state of the economy report, Biti said millers made a commitment …
CFU speaks out on land, compensation http://www.theindependent.co.zw/ April 19, 2013 in News THE Commercial Farmers Union (CFU) this week called on government to honour its obligations to compensate commercial farmers who lost properties during Zanu PF’s chaotic fast-track land reforms as the first step in restoring normalcy and full production in the under-performing agricultural sector. By Staff Writer …