Treasury to release $500M weekly to pay cotton farmers
Takudzwa Musakasa
Treasury will release $500 million, every week to settle outstanding 2021 payments to cotton farmers. Cotton deliveries last year grew to 116,052 tonnes, up from 82,479 tonnes in 2020, contributed by government subsidies...
CFI pushing for Vic Foods JM exit as Q3 revenue rises 88%
HARARE - An increase in demand particularly bolstered by the good summer and tobacco seasons, saw CFI Holdings report an 88% increase in revenue in the third quarter to June 30, 2021.
Of that revenue,...
Tobacco sales top US$14m on day seven
HARARE – At least 6.16 million kilograms of tobacco worth 13.95 million US dollars have been sold so far since the start of tobacco selling season, statistics from the industry regulator show. ivermectin dose...
Zimbabwe prepares for bumper harvest
Sydney Kawadza
Zimbabwe is expected to harvest more than double its grain requirements for the Strategic Grain Reserves with Cabinet announcing an estimated 2.8 million tonnes of maize from the 2020/2021 agricultural season.
Zimbabwe requires at...
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...
Over US$800m set aside for summer cropping season
Talkmore Gandiwa
Government has set aside over US$600 million for the 2023/24 farming season while the Bankers Association of Zimbabwe has committed $68 billion and US$160 million.
In his post-Cabinet briefing this afternoon, Information Minister Dr...
Government to sideline farmers who have not paid their debts
Chris Mahove
Government says it will review its contract agreements with farmers for this cropping season and will not finance those that have not paid their debts from last season.
In a statement, Minister of Lands,...
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...
Zimbabwe targets US$4.2 bln agriculture exports
Reason Razao
HARARE - Government says it has put in place initiatives to boost food production and take advantage of international markets as it aims to increase agricultural outputs to US $8.2 billion while growing...
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...
