NatFoods F21 profit retreats on high production costs, cheap maize imports
HARARE – National Foods profit for the year retreated significantly on account of high production costs and a disappointing performance in the Maize unit which suffered stiff competition from cheap maize meal imports from...
Government to sideline farmers who have not paid their debts
Chris Mahove
Government says it will review its contract agreements with farmers for this cropping season and will not finance those that have not paid their debts from last season.
In a statement, Minister of Lands,...
ARDA set to revive rural irrigation schemes
Chris Mahove
HARARE – The Agriculture and Rural Development Agency {ARDA} is set to revive all the 450 rural irrigation schemes across the country as part of its rebranding exercise.
Early this year, government gave ARDA...
Milk production rises to a record in August: (Download)
HARARE - The country's raw milk production rose to its highest in recent times in August supported by improved milk supply development programmes and favourable weather and ensured that the sector maintains monthly gains...
Timber sales generate US$37.5m in 2020
MUTARE - Timber production racked in up to US$37.5 million from both local and export sales in 2020.
Statistics gathered from the Timbers Producers Federation (TPF) indicated that a total of ZWL$1.1 billion (US$13.4m) was...
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...
Zim sets US$5bln revenue target for tobacco by 2025
Tadiwa Musiyiwa
Government has approved the Tobacco Value Chain Transformation Plan aimed at
transforming the tobacco value chain into a US$5 billion industry by 2025 through localisation of tobacco financing, increased production and productivity and exports...
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...
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...
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,...
