Ariston in mixed nine month performance as revenue grows 69%
Itai Ndongwe
Ariston Holding’s revenue for the nine-month period ended June 30, 2022, grew by 69% in historical terms compared to the prior comparative period, the company reported in its trading update period.
According to the...
Food security and AfCTA crucial for Africa’s post-COVID-19 recovery – African Economic Conference
Staff Writer
Food security, agriculture and the African Continental Free Trade Area are the key sectors that will anchor Africa’s post-COVID-19 recovery, a senior AfDB official has said.
Addressing a virtual press conference on the opening...
Zim sets US$5bln revenue target for tobacco by 2025
Tadiwa Musiyiwa
Government has approved the Tobacco Value Chain Transformation Plan aimed at
transforming the tobacco value chain into a US$5 billion industry by 2025 through localisation of tobacco financing, increased production and productivity and exports...
Border Timbers plunges into Q1 Loss on volumes dip
HARARE - Border Timbers Limited retreated into loss position during the three months to September (Q1-23) as sales and production volumes plunged due to aging equipment. This was against FY22 profit of $10.5 billion...
FAO seeking US$20m to overcome food insecurity in Zimbabwe
Staff Writer
United Nations agency, the Food and Agriculture Organisation is seeking at least US$20 million to assist 630 000 Zimbabwe overcome expected food insecurity in 2021.
According to FAO’s latest Humanitarian Support Plan for 2021,...
500 farmers have 99-Year Leases out of the 23 000
Minister of Lands, Agriculture, Water, Climate and Rural Resettlement Dr Anxious Masuka has revealed that 500 farmers out of the 23 000 have received 99-year leases from the government.
He was responding to a question...
India extends US$1 million for Climate Resilient Agriculture in Zimbabwe
HARARE – The Indian government has contributed almost US$1 million to the United Nations World Food Programme (WFP) in Zimbabwe to help affected populations tackle climate shocks.
The contribution, provided through the India-UN Development Partnership...
AfDB approves US$34.8m grants for Malawi & Zimbabwe’s climate resilience
The African Development Bank has approved US$34.8 million, (US$34,796,402.40) in grants to enhance resilience and adaptation to climate disaster risks for vulnerable communities in Malawi and Zimbabwe.
Under the bank group’s Africa Disaster Risk Financing...
Tobacco land preparations behind schedule
Farai Mabeza
Small-scale tobacco farmers are behind schedule in preparing their land for the cropping season with draught power shortages crippling activities although there are high expectations for an increase in hectares of around 10...
