HARARE, November 21 (The Source) – Hippo Valley Estates on Wednesday said its net profit rose fourfold to $5,6 million in the six months to September from $1,4 million in the comparable period last year.
HARARE, November 17 (The Source) – The Reserve Bank of Zimbabwe (RBZ) says it will pay tobacco farmers an export incentive of 12,5 percent up from 5 percent, in a bid to spur production in the upcoming 2018 farming season.
HARARE, November 14 (The Source) – The European Union has pledged $30 million to fund development of the livestock value chain in Zimbabwe.
HARARE,November 13 (The Source)- CFI Holdings acting Chairperson Grace Muradzikwa has resigned ahead of the agro-industrial group’s extraordinary general meeting (EGM) meant to fire her and two other directors. Muradzikwa has been on the board since 2004, she served as the acting chairman since April… Read More
HARARE, November 13 (The Source) – Zimbabwe has relaxed restrictions on fertilizer and agro-chemical imports as local manufacturers struggle to meet demand.
HARARE, November 2 (The Source) – Zimbabwe’s small scale sugarcane growers on Thursday told Senate that their fields are continuously being subdivided by greedy senior government officials, hitting hard their production.“It would appear that there is a propensity from the Ministry of Lands to want… Read More
HARARE,October 27 (The Source) – Colcom shareholders on Wednesday accepted Innscor’s offer to acquire minorities shares in Zimbabwe’s largest meat processor in exchange for Innscor shares.
HARARE, October 27 (The Source) – Willoughby’s Investments, one of the major shareholders in CFI Holdings Limited, is now seeking removal of three directors including the acting chairperson, Grace Muradzikwa, escalating the war over control of the agro-industrial conglomerate. Last week Willoughby’s Investments, with support… Read More
HARARE, October 13 (The Source) – Listed beverages manufacturer Delta Corporation, (Delta), says it is set to acquire a controlling stake in Lusaka Stock Exchange-listed sorghum beer company, National Breweries Plc (NatBrew), from its parent firm, Anheuser-Busch InBev SA/NV (AB InBev).Company secretary Alex Makamure said… Read More
HARARE, October 11 (The Source) – Zimbabwe Stock Exchange-listed beverages manufacturer, Delta Corporation (Delta), says its sorghum beer volumes for the quarter to September were down three percent, affected by cash shortages in the main markets.
BULAWAYO, October 11 (The Source) — Zimbabwe’s raw milk production increased by nearly three percent to 5,72 million litres in September, compared to 5,58 million litres achieved in the same period last year, latest figures show. According to figures from the Ministry of Agriculture’s dairy… Read More
HARARE, October 9 (The Source) – Border Timbers narrowed its loss after tax by 89 percent from $24,3 million to $2,6 million in the full year to June buoyed by a cut in costs.
HARARE, October 2 (The Source) – Zimbabwe has suspended import duty on fertilized poultry eggs for a six month period in a bid to revive poultry production following successive outbreaks of Avian Influenza in the country Zimbabwe was hit by two outbreaks of the highly… Read More
HARARE, September 28 (The Source) – Regional seed producer, SeedCo expects its sales and earnings to grow this year on positive weather forecasts and continuation of government’s farmer support programme.
HARARE, September 22 (The Source) – Blue Ribbon Industries on Friday said it has put on hold a further $20 million investment to expand its business as it awaits the government to amend its empowerment legislation.