Commercial Farmers' Union of Zimbabwe
‘We cannot operate in silos’ The Herald We publish here the full text of the Address by the President of the Republic of Zimbabwe and Commander-in-Chief of the Zimbabwe Defence Forces Cde E. D. Mnangagwa at the Southern Africa Confederation of Agricultural Unions Annual Conference in Victoria Falls, May 14 2018. (Salutations)ON behalf of …
Rationale for the benchmark interest rate The Herald Dr Sanderson AbelAn interest rate is the compensation for the service and risk of lending money. Broadly defined, it is the cost of borrowing money. Interest rates are normally set using the market forces of demand and supply. The equilibrium interest rates are determined by the …
‘Interest rates drop to maximum 12pc’ The Herald Business ReporterTHE Reserve Bank of Zimbabwe (RBZ) says it continues to engage banks over the cost of borrowing, as directed by Government, but contends that at current prevailing range of 6 and 12 percent; lending rates have dropped to levels comparable to the rest of the …
Tobacco sales top 100 million kg The Herald Hind Siam Herald ReporterOver 100 million kilogrammes of tobacco worth $289,8 million have been sold by farmers since the opening of the season.The tobacco was sold at an average price of $2,87 per kilogramme. According to the Tobacco Industry and Marketing Board latest statistics, there has …
EDITORIAL COMMENT: Zinwa tariffs must promote farming profitability Our farmers must be delighted that the High Court has reversed a decision by the Government to increase the price of raw water that was effected in 2016. Water is one of the most important agricultural inputs. It makes every crop to grow; every animal to …
Read more “Zinwa tariffs must promote farming profitability”
ED’s participation in agricultural conference raises hopes for farmers President Mnangagwa Leonard Ncube, Victoria Falls ReporterPRESIDENT Emmerson Mnangagwa’s participation at the Southern African Confederation of Agricultural Unions (SACAU) annual conference this week has raised hopes for a brighter future among farmers’ unions across the region. On Monday, President Mnangagwa officially opened the annual conference which …
Read more “ED’s participation in agricultural conference raises hopes for farmers”
Reprieve for pensioners Source: Reprieve for pensioners | Daily News HARARE – Many Zimbabweans who were offered $5 for their life’s savings and pensions by the country’s bankrupt government in 2015 could get more money if latest findings are anything to go by. Three years ago, the Reserve Bank of Zimbabwe announced that would pay …
Independent power producers supplying 2% to national grid newsday INDEPENDENT power producers (IPPs) are contributing 2% of energy supply to the national grid, the Zimbabwe Energy Regulatory Authority (Zera) has revealed.There are 13 IPPs operating nationally generating 130 megawatts (MW) of power. BY STAFF REPORTER These include Duru mini hydro (2,20MW), Green Fuel (18,30MW), Nyamhingura …
Read more “Independent power producers supplying 2% to national grid”
Africa spends $50bn annually on food imports: ED newsday PRESIDENT Emmerson Mnangangwa has called on African governments to invest in agriculture amid revelations that the continent is spending about $50 billion annually on food imports. By Nokuthaba Dlamini Mnangagwa said this while addressing Sadc delegates at the official opening of the Southern African Confederation of …
Read more “Africa spends $50bn annually on food imports: ED”
Ivory smuggling whistleblower in court newsday A FOREIGN photo journalist who exposed an illegal ivory trade syndicate in Zimbabwe yesterday failed to give his testimony at the Harare Magistrates’ Court after the defence demanded documents which allow him to work undercover. BY DESMOND CHINGARANDE Adrien Steirn will testify against Farikeni Madzinga (48) and Tafadzwa Pamire …