Commercial Farmers' Union of Zimbabwe
Farm mechanisation: Only way to transform agric sector May 26, 2016 Features, Opinion & Analysis The missing link that continues to relegate most farmers into the subsistence category is the lack of modern farming equipment Tendai Mugabe : Senior Reporter In the year 2000, Zimbabwe embarked on a land reform programme that attracted the attention of the …
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Banks should create innovative products for smallholder farmers May 26, 2016 Business Golden Sibanda : Senior Business Reporter BANKS should come up with innovative and creative products suitable for smallholder farmers to access the $37 million funding facility that has been earmarked for agriculture, the Zimbabwe Agricultural Development Trust said. ZADT chief executive Mr Godfrey Chinoera said banks …
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Preparing for 2017 tobacco season May 26, 2016 Business After the first five weeks of the 2016 tobacco marketing season, farmers have pocketed $240 million from 83 million kilogrammes of tobacco sold at an average price of $2, 87. Tobacco deliveries also increased by 35, 5 percent as compared to the same time last season while amounts …
NATFoods to set up new company May 25, 2016 Business Tinashe Makichi, Business ReporterZimbabwe’s stockfeed manufacturing giants, National Foods and Profeeds are planning to set up a new stockfeed company which will be run as a separate entity. The move is expected to ensure that the groups utilise their capacity to the fullest while it will …
AMA stays clear of cotton pricing wars May 25, 2016 Business THE cotton buying season opens on June 1 with farmers expecting a minimum price of at least 63 cents per kg, an official said on Monday, as the Agricultural Marketing Authority (AMA) distanced itself from potential pricing wars that have become the norm in previous …
Coal output slump hits power plants May 25, 2016 Business Bulawayo Thermal Power Station Bianca Mlilo, Business ReporterA SLUMP in coal output has reduced the Zimbabwe Power Company’s electricity generation capacity to around 1,000MW from about 1,200MW.Power generation statistics as of yesterday morning indicated Munyati Power Station was producing 27MW, Bulawayo 23MW, Harare: 0MW, Kariba: 467MW …
Taxation of safari operators & professional hunters May 26, 2016 Business Did you know that not all supplies of goods and services to safari operators and professional hunters are subject to Value Added Tax (VAT) at the rate of 0%? In addition, supplies to foreign hunters can either be standard rated or zero rated depending on …
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Is sand abstraction a driver of land degradation? May 26, 2016 Business GLOBAL assessments indicate that the percentage of total land area that is highly degraded has increased from15% in 1991 to 25% by 2011(UNCCD, 2013). The Food and Agriculture Organisation (FAO, 2011), estimated that every year, 24 billion tonnes of fertile soils are lost through …
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Tobacco sales up 35 percent May 26, 2016 Business Senior Business ReporterZIMBABWE’S tobacco sales have since the beginning of the selling season increased by 35,45 percent to 84 million kilogrammes compared 62 million kg during the same period last year. Latest statistics from the Tobacco Industry and Marketing Board (TIMB) show that about $240 million has …
RBZ holds 80 percent of all tobacco receipts May 26, 2016 Business The Reserve Bank of Zimbabwe (RBZ) will now hold 80 percent of all tobacco receipts for distribution to other banks while the receiving bank shall retain 20 percent. This follows cash problems at the tobacco auction floors where farmers are failing to access their …