Zimplats spends big on agriculture

Zimplats spends big on agriculture

By Ndafadza Madanha THE country’s largest platinum producer ZIMPLATS allocates a third of its annual budget to promoting agricultural activities across the country. Mining companies have often been accused of shortchanging communities by simply extracting minerals and polluting the environment without bringing any tangible and sustainable projects outside their core business. Equally mining and agriculture interests have competed for key inputs such as land and water at times with devastating consequences but the two rely on each other to prosper. Experts contend that to maximise the positive and mitigate negative consequences,…

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Germany firm eyes local market

Germany firm eyes local market

By Ndafadza Madanha GERMANY based company RIELA is in the country to scout for opportunities in the area of post harvest management. Post harvest management entails drying, cleaning, sorting and packing of a crop immediately after harvest. The instant a crop is removed from the ground, or separated from its parent plant, it begins to deteriorate. According to the Food and Agriculture Organization (FAO) in many developing countries, overall post-harvest losses of cereals and grain legumes of about 10 to 15 percent are fairly common. In some regions of Africa and Latin…

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National Foods volumes up 25%

National Foods volumes up 25%

By Ndafadza Madanha NATIONAL foods volumes rose 25% in the first quarter compared to the same period last year on the back of firm consumer demand while profitability was in line with projections. Addressing shareholders at the company’s Annual General Meeting (AGM) group CEO Michael Lashbrook said inflationary pressures had led to significant increases in its products particulary on imported items. He said the flour unit continued to operate at maximum levels and volume could have been increased if capacity was available.. Meanwhile in a bid to secure raw materials for…

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Tongatt resumes sugarcane project

Tongatt resumes sugarcane project

By Ndafadza Madanha SUGAR producer Tongaat Hulett says favorable conditions now exist for it to commence the development of 4 000 hectares of virgin land  in Chiredzi under “Project Kilimanjaro”  into irrigated sugar cane fields at the beginning of next year after securing bulk irrigation water. The multi-million dollar Project Kilimanjaro which initially started in 2014 but stalled with only about 200 hectares of land having been cleared is now expected to be complete by the second half of 2020. It was anticipated in 2014 that the 4000 hectares cleared…

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