Floods aftermath: Farmers struggle to reach markets

Floods aftermath: Farmers struggle to reach markets April 3, 2017 Business, Features, Opinion & Analysis Jeffrey Gogo Climate StoryMrs Marian Mbara had to throw caution to the wind because more than six tonnes of tomatoes had already gone bad due to too much rain.The thought of further loss because of flood-triggered impediments to markets was simply unbearable.   …

Govt warns cotton merchants

Govt warns cotton merchants April 3, 2017 Business Mrs Silibaziso Makovere, a farmer contracted by The Cotton Company of Zimbabwe works on her 3 ha cotton field in Vere area in Sanyati recently Martin Kadzere Senior Business ReporterPRIVATE cotton merchants found dabbling in side marketing in the forthcoming season will face the full wrath of the law.Agriculture, …

Tobacco sales top $47 million

Tobacco sales top $47 million April 3, 2017 Local News Runyararo Muzavazi Herald Reporter—Over 18 million kilogrammes of flue-cured tobacco worth $46,7 million has been sold at the auction floors at an average price of $2,61 since the opening of the floors last month. The figure represents a 39 percent increase compared to tobacco sold during the same …

Investors to fund $4bn Batoka project

Investors to fund $4bn Batoka project March 31, 2017 Business, Top Stories Batoka Gorge Conrad Mwanawashe in Livingstone, ZAMBIATHE development of the Batoka Gorge Hydro-Electric Scheme has received stimulus with international financial institutions and private investors agreeing to finance the $4 billion power project. This came out at an investment conference called to solicit for finance for the …

Africa needs more contract farming schemes

Africa needs more contract farming schemes April 3, 2017 Opinion & Analysis Rumbidzayi ZinyukeAfrica has been gradually turning into a net importer of food as countries have continuously failed to produce enough to cover their consumption needs. Although agriculture remains a mainstay of many economies in the region, a consistently growing population and a little diversifying …

Load shedding looms: $77m power import debt haunts Zesa

Load shedding looms: $77m power import debt haunts Zesa March 31, 2017 Business Business ReporterZIMBABWE risks being blocked from importing electricity as Zesa Holdings owes regional utilities about $77 million, which may lead to load shedding. The power utility relies on imports to augment supplies due to low generation capacity at home. As of yesterday, the …

Hwange power station $1.4bn expansion breakthrough: Groundbreaking ceremony set for July

Hwange power station $1.4bn expansion breakthrough: Groundbreaking ceremony set for July April 3, 2017 Business Minister Samuel Undenge Leonard Ncube in Victoria FallsThe Government is excited that the $1.4 billion Hwange Thermal Power Station expansion project will finally take off with a groundbreaking ceremony to be led by President Mugabe set for July this year, a …

Land Bill amendments rejected

Land Bill amendments rejected April 1, 2017 Local News   Farirai Machivenyika, Harare BureauThe Parliamentary Legal Committee has rejected amendments to the Land Commission Bill that were proposed and adopted by the Senate on Wednesday. The ruling was announced by the acting President of the Senate, Senator Charles Tawengwa on Thursday. “I have received an Adverse Report …