Heavy rains weigh down January milk production
Talkmore Gandiwa
HARARE - Heavy rains weighed down milk production in January with the figures from the Ministry of Agricultural showing a 2.22% drop to 8.1 million liters from 8.3 million litres recorded in December....
Timber sales generate US$37.5m in 2020
MUTARE - Timber production racked in up to US$37.5 million from both local and export sales in 2020.
Statistics gathered from the Timbers Producers Federation (TPF) indicated that a total of ZWL$1.1 billion (US$13.4m) was...
GMB pre-planting prices discouraging: ZICFU
Christopher Mahove
HARARE - The pre-planting producer prices announced by the Grain Marketing Board (GMB) last week are unsustainable and discouraging to farmers, the Zimbabwe Integrated Commercial Farmers Union (ZICFU) has said.
The GMB last week...
Seed Co R & D annual spend on parent seeds currently at US$10m
Talkmore Gandiwa/Pride Mzarabani
Seed Co Limited said it is spending approximately US$10 million annually on research and development work for parent seeds. The company has been investing in new technology as the company introduces drought-tolerant...
COVID-19 exposes weak food systems – FAO
Farai Mabeza
The COVID-19 pandemic has triggered a wakeup call for the radical transformation of food systems, the Food and Agriculture Organisation has said.
According to...
48 million people food insecure – SADC
Sydney Kawadza
At least 47.6 million people in Southern Africa are food insecure with rural food insecurity expected to peak between November 2021 and March next year.
According to the SADC’s Synthesis Report on the State...
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...
Govt launches US$30 mln Horticulture Export Revolving Fund
HARARE - The government has launched the US$30 million Horticulture Export Revolving Fund to spur agricultural growth and increase the value of agricultural output through value addition and beneficiation.
The funds are part of the...
CBZ Bank issues US$50m and ZW$500M bonds for agric inputs
HARARE (FinX) - CBZ Bank is seeking to raise US$50 million and ZWL500 million through the issuance of a series of 270-day bond instruments to finance the procurement of farming inputs for maize and...
Cobb expands its footprint in Africa with new Irvine’s JV
Cobb seeks to expand in Africa with a new joint venture with the Irvine’s Group. The Irvine’s Group, are Cobb’s oldest distributor and have been producing and selling Cobb products in Africa for over...
