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...
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...
Takura to acquire Interfresh Limited
HARARE - The Competition and Tariff Commission Zimbabwe has approved the acquisition of the majority shareholding in Interfresh Limited by Takura Ventures.
The transaction is however still to be finalised.
Under the deal, Takura is targeting...
TSL units in good volume growth in F21
TSL Limited increased revenue by 144.57% following improved performance of the agriculture-based units. The group achieved good volume growth across most business units during the period ended 31 October 2021.
In a statement accompanying the group’s...
Ariston Holdings revenue grows 15% in 9 months to June
Farai Mabeza
Agriculture and horticulture group Ariston Holdings’ revenue for the nine months up to 30 June, 2020 grew by 15% in inflation adjusted terms compared to the prior...
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...
OP-ED: A journey across the global South, sharing and exchanging sustainable development solutions
Beth Bechdol
Have you ever wondered how key development solutions between and among countries of the Global South are conceived, exchanged and shared? The answer is: South-South cooperation.
TIMB ditches unpopular out of Harare auction floors
Reason Razao
The Tobacco Industry and Marketing Board has registered three auction floors in Harare after some registered outside failed to attract farmers and registering sales as low as five percent in the previous season.
The...
Zimbabwe maize yields at 0.57t/ha in 2019/20, faces cereal deficit of 1.16m tonnes
HARARE - The country's maize production is estimated to have risen 17% in the 2019/20 season, but the biggest concern remains the poor yields, which averaged 0.57 tonnes per hectare. According to the Second...
Bee farming, the panacea to Zim’s disappearing wooded savannah
Problem Masau
As the vehicle negotiates across the rugged terrains of Hurungwe District, scores of stumps and fallen trees could be seen in the once densely populated bushes, the situation threatening to worsen each farming...
