Small-scale farmers yields under threat from fall armyworm
Staff Writer
Many Zimbabwean smallholder maize-growing households are likely to experience hunger due to armyworm invasion in the country, a research conducted by CABI has revealed,
CABI has led the first study to explore the income...
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...
Tobacco prices 12% firmer in 2021 compared to last year
Staff Writer
Tobacco prices during the 2021 marketing season firmed by 12 percent compared to last year with at least 200 tonnes being sold this year.
This was revealed by Information, Publicity and Broadcasting Services Minister...
Tobacco sales total US$59m in the first 15 days
HARARE - At least 26.4 million kilograms of tobacco worth US$59m have been sold so far since the start of tobacco selling season, statistics from the industry regulator show. The sales figure is 278.27%...
2.2m families to anchor agriculture production
Reason Razao
Government has expressed satisfaction with preparations for the 2020/2021 summer agricultural season with 2.2 million families being recruited and trained under the ‘Pfumvudza’ programme.
Addressing a post-Cabinet media briefing in Harare Tuesday afternoon, Information,...
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...
GMB maintains producer prices as it readies for better harvest
HARARE - GMB said it does not generate foreign currency as it announced that it will pay farmers in Zimbabwean dollars for their produce amid fears by farmers that the local currency might depreciate....
Agriculture anchors Meikles’ Q3 earnings as exports trail
Tapiwanashe Mangwiro
Harare – Meikles Limited recorded impressive performances in the agriculture segment for the third quarter ended 31 December 2020, with bulk tea production volumes scaling up 41% in the quarter and 6% year...
Forex woes hamper irrigation development
Farai Mabeza
Government has blamed foreign exchange woes for its failure to develop adequate irrigation infrastructure in the face of consecutive droughts experienced in Zimbabwe.
In the Annual Budget and Economic Review for the 2019 fiscal...
TIMB sees 15% drop in tobacco volume to 220m kgs; 30% sales decentralised
Farai Mabeza
HARARE – Zimbabwe expects that 30 percent of all tobacco sales will be done outside Harare after Government gazetted a statutory instrument authorising the setting up of decentralised tobacco auction sites in the...
