Author Archives: admin

Re-visiting agricultural financing models

The viability of agriculture depends on the yield while access to markets is equally important. Here I will also tackle climate change. Financing agriculture. If you borrow working capital at 15 percent (interest rate) on a short-term basis and end up using that money for repairs and maintenance, you are indirectly capitalising your farm. So, you are using your short-term money on ...

Read More »

Bill stops chiefs political participation

Chiefs could soon be barred from being members of political parties, attending political party meetings or compelling their subjects to attend such meetings. According to the Traditional Leaders Bill 2016, chiefs must maintain strict political neutrality when discharging their duties. Section 9(3) item (e) says in exercising their functions, chiefs shall observe the principles set out in sections 164, 164 and 281 ...

Read More »

Tough times for Hwange

On June 19 last year, Vice President Phelekezela Mphoko, on behalf of the Government of Zimbabwe, commissioned equipment worth $32 million that was largely touted as signalling the renaissance of Hwange Colliery Company. A year later, of the 10 dump trucks that were commissioned, only three are working; neither of the two heavy-duty excavators commissioned is working. Of the six ...

Read More »

Zim remains unbowed: President

Zimbabwe has done its best to keep its economy afloat over the 15 years it has been under illegal Western sanctions, President Mugabe has said. Contributing to discussions at the Sixth Tokyo International Conference on African Development here yesterday, President Mugabe said Harare had introduced various mitigation measures, among them Zim-Asset. “In spite of sanctions, we in Zimbabwe have tried our best ...

Read More »

LATEST: Zambians vote in tight poll between Lungu and Hichilema

Zambians began voting for a new president and legislators on Thursday in what is expected to largely be a two-horse race between President Edgar Lungu and his main rival, Mr Hakainde Hichilema. President Lungu and Mr Hichilema have both said they are confident of outright victory, but if either of them fails to garner more than half of the vote as required ...

Read More »

Tobacco sales surpass revised target

Zimbabwe’s 2015/16 output of the golden leaf, at 200 million kilogrammes, surpassed the Tobacco Industry Marketing Board’s revised production target of 190 million kg. The remarkable growth in deliveries, beating last marketing season’s 198 million kg realised, is despite an El Nino-induced drought. Earnings have also naturally risen, with farmers – who have dropped in number from 97 616 to 81 794 ...

Read More »

Keep calm, the ZRP is here

The Zimbabwe Republic Police has assured the public that it is taking seriously attempts by political activists to cause anarchy in the country and has beefed up manpower in major urban areas to thwart any planned disturbances. The law enforcement agency said security was being enhanced to ensure the safety of law abiding citizens. There were fears that the forces bent ...

Read More »

‘Agribank must secure funds’

GOVERNMENT has urged Agribank to find creative ways of raising funds as part of national efforts to circumvent US sanctions on Zimbabwe. Agribank, wholly-owned by Government, was established in 1999 with the mandate of supporting development of agriculture in Zimbabwe. An Agribank official, Mr Divine Ngwenya, told a breakfast meeting organised by the Zimbabwe National Chamber of Commerce last Tuesday that sanctions ...

Read More »

Land Rover Discovery Sport

Although the Discovery Sport is smaller than the Land Rover Discovery, it seems to borrow heavily from successors of the Freelander. One is tempted to compare it with its “elder cousin”, the Evoque. But the Discovery Sport’s design leadership combines with engineering integrity to conjure a dynamic profile, the ultimate use of interior space and 5+2 seating configurability. Land Rover ...

Read More »