Commercial Farmers' Union of Zimbabwe
Small scale mining, farming to drive earnings Financial Gazette 19/4/2018 Farai Mabeza Own Correspondent EQUITIES firm IH Securities has said sustained growth in small scale mining and an expected good agriculture season would continue to drive earnings. In its March report, IH noted that corporate earnings released during the month were broadly strong, particularly in …
Broad agric policy will bring investment – FAO Financial Gazette 19/4/2018 Nyasha Chingono Own Correspondent THE Food and Agriculture Organisation (FAO) has urged government to expedite the process of crafting Zimbabwe’s agricultural policy. Faying the document was crucial to attracting investment to the sector. Speaking to The Financial Gazelle at the launch of the Inception …
Tobacco traders demand higher nostra quota Financial Gazette 19/4/2018 Ndakaziva Majaka Deputy Markets Editor TOBACCO merchants have asked the Reserve Bank of Zimbabwe (RBZ) for higher nostra allocations in a move aimed at reducing the overall cost of production. Ethical Leaf Tobacco managing director Doesmatter Muvimbi told The Financial Gazette last week that the …
Sugarcane production to reach 5,1m tonnes Financial Gazette 19/4/2018 Tabitha Mutenga Staff Reporter SUGARCANE production is expected to reach 5,1 million tonnes in 2018 due to increased water harvest and high dam levels. The water levels in the dams that supply irrigation water to sugarcane farms in the south eastern Lowveld are higher than the …
More farmers sign up for SeedCo prepayment plan Financial Gazette 20/4/2018 Omega Ukama Staff Reporter SEEDCO has recorded an increase in prepayments for its seed, a development that shows better planning by farmers in procuring inputs. The company’s managing director, Danias Zaranyika, said: “I am pleased that an increasing number of farmers are getting into …
Horticulture exports drop Tabitha Mutenga Staff Reporter HORTICULTURE export receipts declined to $30 million in 2017 from $61 million in 2016. Horticulture earnings have been on the decline since the start of the land reform programme, albeit increasing slightly in 2013 and 2014. A lot of efforts are, however, underway to ensure that the sector …
Forex shortage hits stock feed makers Financial Gazette 19/4/2018 Ndakaziva Majaka Deputy Markets Editor THE stock feed manufacturing industry has not been spared from Zimbabwe’s debilitating foreign exchange shortages, amid indications that failure to service offshore obligations led to a 27 percent slump in broiler feed production in the first half of 2017. Data from …
Zim land reform destroyed safari business THE Financial Gazette’s Supplements Editor Tabitha Mutenga (TM) caught A. up with Darryl Collett (DC), the former owner of Mjingwe Ranch — part of the Bubiana Conservancy in Masvingo province, for a chit chat over the future prospects of Zimbabwe’s wildlife conservation after the 84 000 hectare Bubiana …
Wildlife farmers raise the alarm Tabitha Mutenga Staff Reporter CONSERVATIONISTS have warned that Zimbabwe’s wildlife numbers have dropped to such low levels that the country’s tourism industry was now under threat. Chaos at the country’s privately owned wildlife conservancies has resulted in Zimbabwe losing more than $10 billion in potential revenue over the past …
$100 000 macimbi processing plant for Beitbridge newsday THE African Development Bank has set aside $100 000 to support a mopani worm (macimbi)-processing centre wholly-owned by women in Beitbridge. BY OWN CORRESPONDENT The International Labour Organisation (ILO) is providing the technical support for the project in which the two organisations are partnering government. The project, …
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