CFI holdings to invest in solar farms
AGRI-industrial firm, CFI Holdings Limited plans to invest in solar farms to sustain its manufacturing activities, as it targets 44 percent of shops to be using the power source by … Read More
Category: Agribusiness
Crops a total write-off, government official says
Zimbabwe expects a modest harvest of between 700 000 to 800 000 tonnes for all cereals planted for the 2023/24 summer cropping season due to drought, a senior government official … Read More
Tobacco export volumes up 106% in two months
ZIMBABWE’S tobacco exports jumped significantly in the first two months of 2024, according to data released by the Tobacco Industry and Marketing Board (TIMB). The total volume of tobacco exported … Read More
CFI suffers ZWL$125bn loss
LISTED agro-industrial outfit CFI Holdings Limited unrealised exchange losses on its foreign currency denominated loans and creditors increased to ZWL$139,5 billion in 2023, up 1 838% from the prior year. … Read More
Zimbabwe makes strides in transforming agricultural sector
ZIMBABWE is making strides in implementing the Agricultural Food Systems and Rural Transformation Strategy (AFRTS) and other policies aimed at transforming the sector to ensure the attainment of food and … Read More
Tobacco output seen declining on El Niño effects
THE Tobacco Industry and Marketing Board (TIMB) says it will review downwards its tobacco crop predictions for the 2023/24 marketing season, considering the El Niño climatic phenomenon, among other challenges, … Read More
El Niño drought could weigh on cotton output
Zimbabwe’s cotton output is likely to be lower this year due to a combination of factors, including inputs-related distribution challenges and the effects of drought, a farmer organisation has said. … Read More
Rabbit farmers bemoan high pellet prices
THE Zimbabwe Commercial Rabbit Breeders Association (Zicorba) has lamented the high cost of pellets, which is raising the cost of producing rabbits and reducing the competitiveness of the industry. “I … Read More
‘Contract system enslaves tobacco farmers’
Tobacco contract farming is an agreement whereby tobacco buyers avail inputs to farmers with a view to buy all the tobacco the farmers produce under the contract at the same … Read More
Zimbabwe has enough wheat stocks to last until next harvest
The country has over 200 000 tonnes of wheat stocks sufficient to last until the next harvest and given the adverse effects of El Niño conditions, farmers have been advised … Read More
