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,...
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...
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...
Enough water for urban centres, but…
Staff Writer
Zimbabwe’s major cities Harare and Bulawayo have a combined 39 months’ supply of water that could ease shortages that have hit the urban centres for years.
Land, Agriculture, Fisheries, Water, Climate and Rural Resettlement...
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...
Grow trees or face ban, tobacco farmers warned
Talkmore Gandiwa
Zimbabwean tobacco farmers are at risk of being banned for endangering the environment resulting in climate change with calls for them to establish woodlots for curing their crops to continue with their activities.
Most...
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...
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...
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...
Spear Capital to invest in Greenwave Milling
HARARE - Spear Capital has concluded an investment deal with Greenwave Milling, a manufacturer and distributor of quality high-value basic commodities throughout Zimbabwe.
Previously part of the Metro Group, which is already a Spear Capital...
