Tobacco prices up in smoke

Tobacco prices up in smoke http://www.thezimbabwean.co.uk When President Robert Mugabe embarked on the infamous and chaotic land reform programme in 2000, Zanu (PF) officials and supporters immediately benefited and many recipients of land hoped to cash in on commercial farming.20.07.1109:03amby Tony Saxon Elisha Mavhezha, a small-scale tobacco farmer based in Headlands, expected handsome rewards from the just ended tobacco …

Zimbabwe cbank says approves $1.5 bln lines of credit

Zimbabwe cbank says approves $1.5 bln lines of credit http://af.reuters.com Wed Jul 20, 2011 10:16am GMT HARARE, July 20 (Reuters) – Zimbabwe’s central bank has approved $1.5 billion this year in foreign lines of credit sourced by local banks, mostly to fund the agriculture and manufacturing sectors, Governor Gideon Gono said on Wednesday. The African country’s economy is …

Nyazura farmers under siege by farm invaders

Nyazura farmers under siege by farm invaders http://www.swradioafrica.com/ By Alex Bell20 July 2011 Commercial farmers in Nyazura are living in fear, after a spate of farm invasions led by a self confessed CIO agent, who is said to be working for top ZANU PF officials. Farmer Koos Smit, his wife Mary Anne and son Michael, were on …

NSSA threatens land grab farmers who fail to pay

NSSA threatens land grab farmers who fail to pay http://www.thezimbabwean.co.uk/ The National Social Security Authority has given July 31 as the deadline for “new” farmers to submit outstanding pension contributions for their workers after it emerged the majority of the emergent farmers were not paying.20.07.1111:08amby John Chimunhu The futures of possibly hundreds of thousands of workers employed …

Joseph Chinotimba and his violent past

Joseph Chinotimba and his violent past http://www.swradioafrica.com By Lance Guma19 July 2011 War vets leader Joseph Chinotimba might be well known for being the butt of jokes which mock his broken English and clownish behavior, but today on our Crimes of the Past series we look at his trail of violence, rape and murder. Chinotimba, a former …

Zimbabwe’s aquaculture sector under threat

Zimbabwe’s aquaculture sector under threat http://www.businesslive.co.za/ 19 July, 2011 07:58Wallace Mawire Zimbabwe’s potentially lucrative freshwater aquaculture sector, which could add a lot to the country’s GDP, is facing a threat from problems of poaching, illegal fishing and corruption, according to Garikaimose Tongowona, programme officer for Aquaculture Zimbabwe. Tongowona says that fisheries activities have risen sharply over the years and …

Zimbabwe seeks investors to end electricity woes

Zimbabwe seeks investors to end electricity woes http://www.theafricareport.com/ Tuesday, 19 July 2011 16:23 Zimbabwe’s power utility is scouting for international investors to fund a US$1.3 billion expansion programme meant to end the country’s worsening electricity shortages. The Zimbabwe Electricity Supply Authority (ZESA) says it is failing to meet the estimated 2 200 megawatts (MW) of the country’s electricity …

CFU submits proposal to restore agric viability

CFU submits proposal to restore agric viability http://www.financialgazette.co.zw Friday, 15 July 2011 16:29 Staff Reporter THE embattled Commercial Farmers Union (CFU) has submitted proposals to government aimed at restoring viability in the country’s struggling agricultural sector.  The move signals efforts by the CFU, which represents dispossessed white commercial farmers, to reach out to government, whose agrarian reforms triggered an …

War vets declare war

War vets declare war http://www.dailynews.co.zw By Everson Mushava, Staff WriterSunday, 17 July 2011 15:35 HARARE – War veterans and poor people occupying the controversial Waterfalls’ Nyarungu Estate which the High Court says belongs to flamboyant businessman, Phillip Chiyangwa have declared war on the property dealer saying they would rather die fighting than vacate the land. Describing Chiyangwa as …

Business talks tough on fiscal policy

Business talks tough on fiscal policy http://www.thestandard.co.zw/ Sunday, 17 July 2011 12:22 BY NDAMU SANDU BUSINESS has proposed the introduction of a levy that penalises exporters of unprocessed products to force companies to adopt value addition and employment creation. The proposal by the Confederation of Zimbabwe Industries (CZI) is meant to reinforce calls by economic blueprints to embrace …