Value add tobacco to tap into the US$800b global market
Tadiwa Musiyiwa and Rhys Balicholo
HARARE – Limited value addition of tobacco has seen Zimbabwe earn an insignificant portion from the global tobacco industry, which is valued at over US$800 billion, the Tobacco Industry and...
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 farmers to get 50% of proceeds in foreign currency
Farai Mabeza
Tobacco farmers will get fifty percent of their proceeds in foreign currency, the Reserve Bank of Zimbabwe (RBZ) and the Tobacco Industry Marketing Board (TIMB) announced.
In a statement the two organisations said the money...
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...
ED responds as land debate rages on
Sydney Kawadza
President Mnangagwa has reiterated that Zimbabwe’s land reform programme, estimated to have benefited 300 000 Zimbabweans, was irreversible, a direct reaction to queries raised by a recent...
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...
No love lost between farmers and tobacco contractors
Talkmore Gandiwa
With pale faces carved with visible marks of sorrow, tobacco farmers sit patiently outside one of Zimbabwe’s tobacco auction floors in Harare, the capital city.
In their minds, all they are consumed with are...
February Milk Production: Download
HARARE - According to statistics released by the Dairy Services unit, month-on-month milk production for the month of February declined by 8.13% to 8.8 million litres from 9.5 million litres recorded in the month...
Zimtrade to sign horticulture agreement with Agro-Marketing Trade Authority of Namibia
Almot Maqolo
HARARE – Trade promotional body, Zimtrade says it is in the process of finalising a Memorandum of Understanding with Agro-Marketing Trade Authority of Namibia (AMTA) that will result in improvement of trade in...
A look into Conservation Agriculture and China’s model
Farai Mabeza
CONSERVATION agriculture is built on three principles – minimum soil disturbance, permanent soil cover and crop rotation – that are known to reduce erosion, improve soil quality, conserve water, reduce fuel costs and,...
