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...
GMB reviews producer prices for 2024/25 season
HARARE - The Grain Marketing Board (GMB) has announced the approved producer prices for the 2024/25 season, along with the winter wheat incentive planning prices.
The price of maize per tonne has decreased by 3.5%...
Kasukuwere appeals to Sheriff to enforce farm High Court order
Farai Mabeza
Former cabinet minister and Zanu-PF political commissar Saviour Kasusukuwere has approached the Sherriff to execute a High Court order recently granted in his favour to evict some war veterans who invaded his Mazowe...
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...
Gvt turns to private sector to improve Agro-Processing Chain
Nyasha Kunyiswa
Government is turning to the private sector to improve Zimbabwe’s Agro-Processing Chain which has been decimated by a number of challenges include the COVID-19 pandemic.
The initiative seeks to integrate, align policies, strategies, programmes,...
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...
Border Timbers plunges into Q1 Loss on volumes dip
HARARE - Border Timbers Limited retreated into loss position during the three months to September (Q1-23) as sales and production volumes plunged due to aging equipment. This was against FY22 profit of $10.5 billion...
African countries commit to double agricultural productivity
Davison Kaiyo
HARARE – Seventeen African heads of state signed on to the commitment to boost agricultural production by doubling current productivity levels through the scaling up of agro-technologies. This will include investing in access...
Zim losing 260 000ha of forests annually – Minister
Edson Mapani
Zimbabwe is losing at least 260 000 hectares of forests annually amid concern from government which has called on for the curtailing of the destruction.
Addressing the 2021 graduation ceremony at the Forest Industry...
Cottco expects 27% reduced cotton intake to 85 000t
HARARE – Cottco Holdings says it expects reduced intake in the current season due to the late onset of the rains and the erratic rainfall patterns but payment modalities have been put in place...
