Padenga says F20 earnings to be lower due to limited skin sales
HARARE - Padenga Holdings has issued a profit warning saying forthcoming results for the year to December 31, 2020 will have lower earnings than the comparable year ago period.
This comes as luxury shopping behaviour,...
COVID-19 response must target African agriculture and the rural poor
Olusegun Obasanjo and Hailemariam Desalegn Boshe
ROME, Italy, – Africa has so far escaped the worst health consequences of the COVID-19 pandemic. However, the continent looks like it could be the worst hit from the...
Govt owes millers $120m – GMAZ
Almot Maqolo
HARARE – The Grain Millers Association of Zimbabwe (GMAZ) says it is owed more than $120m by government for roller meal subsidy refunds dating back from last December.
This, the association says, was affecting...
Crisis outcomes expected due to erratic rainfall: Fewsnet
Tadiwa Musiyiwa
Crisis outcomes are expected to persist in most typical deficit-producing areas through March due to non-availability of own-produced food stocks, reductions in agricultural labour opportunities and income, and limited access to food and...
Tap into growing agriculture sector – Adesina
Sydney Kawadza
African countries should tap the agriculture, food and agri-business sector whose size is expected to rise to more than US$1 trillion by 2030.
The agriculture, food and agri-business sector, according to African Development Bank...
Zim farmers shift focus to sesame plant production
Shamiso Ngwena & Cynthia Chitombi
Zimbabwean farmers, struggling with traditional crops such as maize, have shifted focus to the sesame plant targeting at least 100 000 tonnes of the crop during the 2020/2021 agricultural season.
Agricultural...
Parly Summons Masuka & Mthuli Over Late Wheat Payments
Parliament has summoned Minister of Lands, Agriculture, Water and Rural Resettlement Dr Anxious Jongwe Masuka and Minister of Finance and Economic Development Prof Mthuli Ncube to come up with a ministerial statement over the delay in payment of wheat farmers
Rising on a matter...
Zim, southern Africa food crisis worsens in 2020
Farai Mabeza
ZIMBABWE, together with the rest of the southern African region, is expected to face high food deficit in 2020 due to the continued effects of the 2018/19 drought compounded by a poor forecast...
NatFoods F21 profit retreats on high production costs, cheap maize imports
HARARE – National Foods profit for the year retreated significantly on account of high production costs and a disappointing performance in the Maize unit which suffered stiff competition from cheap maize meal imports from...
