Brace for heavy rains, thunderstorms: Met Dept

Brace for heavy rains, thunderstorms: Met Dept  – Zimbabwe Situation   8/12/2018 Elita Chikwati Senior ReporterThe Meteorological Services Department (MSD) has warned of thunderstorms and heavy rains in excess of 60 millimetres in 48 hours in parts of the country from tomorrow to Monday. Indications are that the rains may come in sharp downpours, damaging …

Zimbabwe′s farmers set hopes on irrigation scheme

Zimbabwe′s farmers set hopes on irrigation scheme      Chaotic land reforms, drought and lack of financing have made it difficult for Zimbabwe’s small-holder farmers to get ahead. Increased focus on funding irrigation schemes is hoping to change that. Source: Zimbabwe′s farmers set hopes on irrigation scheme | Africa | DW | 08.12.2018 Winnet Kapondoro is a farmer …

Chinese tobacco giant enters Zim market

Chinese tobacco giant enters Zim market      ASIAN tobacco giant China Tobacco Shaanxi Industrial Corporation (CTSIC) has partnered local manufacturer Pacific Cigarette Company (PCC) as the company seeks to make inroads into the African market. Source: Chinese tobacco giant enters Zim market – The Standard December 9, 2018 by Kennedy Nyavaya Steve Zhao (left), Global CEO Yves Boulenge, …

Private sector carrying govt’s debt burden

Private sector carrying govt’s debt burden   Independent 7/12/2018 ZIMBABWE’S banks have slowed on lending to the private sector while accumulating sovereign paper, a situation that clearly shows the relationship between government default, private sector lending and banks’ sovereign paper holding. Financial MattersTinashe Kaduwo Over the past few years, the government has been struggling to …

Economic crisis subdues Seed Co earnings

Economic crisis subdues Seed Co earnings   7/12/2018 ZIMBABWE’S tough economic environment characterised by high inflation, currency valuation concerns, rising costs and price controls will hit Seed Co Ltd earnings at year-end, the company said. Chris Muronzi CE Morgan Nzwere told analysts in Harare this week that he expects adverse impact from the economic situation …

US$130m CSC deal backfires

US$130m CSC deal backfires   Independent 7/12/2018 THE decision by government to go it alone in negotiating a US$130 million Cold Storage Company (CSC) deal with a foreign firm without involving the meat processor’s board in scrutinising the package has backfired, it has emerged. Nkululeko Sibanda Government, through Lands, Agriculture, and Rural Development minister Perence …

Gokwe police battle stray livestock

Gokwe police battle stray livestock – NewsDay Zimbabwe   7/12/2018 POLICE in Gokwe are battling an increase in stray livestock such as cattle, goats and donkeys that have congested its station at Manoti. BY BRENNA MATENDERE Midlands provincial police spokesperson Inspector Joel Goko said the police will dispose of the stray livestock through an auction …

Dande gullies threaten Mushumbi

Dande gullies threaten Mushumbi     The Herald 7/12/2018 Fungai Lupande Mash Central Bureau Manyame River bank erosion has formed a gully that is eating away six metres of land close to Mushumbi Shopping Centre in Mbire District every rainy season threatening to form another river that will isolate the shopping centre, Chitsungo Mission Hospital and …

Official’s illegal land deals backfire

Official’s illegal land deals backfire     The Herald 7/12/2018 Anesu Madiye Herald Reporter Zanu-PF’s Mashonaland West political commissar Simon Solomon yesterday appeared in court on allegations of engaging in irregular land deals after he allegedly sold a farm for $10 000. Since the launch of the land reform programme in 2000 the bulk of farmland …