Local firm to lure “diaspora dollars” for castor bean production

Local firm to lure “diaspora dollars” for castor bean production

By Ndafadza Madanha LOCAL firm Life Brand Agric Services is targeting the niche Zimbabwe diaspora community to be part of its castor growing program in the country. Remittances by Zimbabweans in the diaspora as of 2017 stood at US$780m and the company believes the money can be channeled to investments in the agriculture sector. Under the program Zimbabweans in the diaspora are required to invest US$3000 in the project and can anticipate returns in excess of US$10 000 per annum. The company seeks to rope in 80 000 households to grow 150…

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Zim pitches for investment in Germany

Zim pitches for investment in Germany

By Ndafadza Madanha ZIMBABWE is keen on attracting investment in the agriculture sector in order to increase productivity according to a senior government official currently in Berlin scouting for prospective investors. Deputy Minister of agriculture Douglas Karoro, who is in Germany attending the Global Forum for Food and Agriculture, took the opportunity to outline some potential investment opportunities in the agribusiness sphere to delegates. Karoro said the agriculture sector which grew by 12.4% in 2018 and is projected to grow by 9,4% in 2019 owing to the EL Nino induced…

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Zimbabwe is still a safe destination: Mutsvangwa

Zimbabwe is still a safe destination: Mutsvangwa

INFORMATION, Publicity and Broadcasting Services Minister Monica Mutsvangwa has urged tourists and locals to ignore last week’s events, adding that their security is guaranteed. Zimbabwe was last week engulfed by violent protests which were triggered by the government’s decision to increase fuel prices at a time when people are facing a lot of challenges economically. The protests, however, ended up forcing business to close down for almost a week before the security forces came in to calm the situation. However, speaking at the launch of the Tour Africa-New Horizon Project…

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