Zimbabwean Finance Minister Patrick Chinamasa presented a US$5.1 billion budget for 2018 last week. Local media reports that it includes a list of business and investor friendly proposals, as well as plans to rejuvenate agriculture as a major driver of economic growth. The budget also includes measures to mend Zimbabwe’s…
Zambian Finance Minister Felix Mutati today (Friday) unveiled a K71.6 billion budget for 2018 that gave tax incentives to agriculture, aimed at enhancing domestic revenue collection. Delivering his second budget speech themed “Accelerating fiscal fitness for sustained inclusive growth, without leaving anyone behind”, Mutati said government’s resolve for inclusive development…
The profitability and sustainability of livestock farming is under severe pressure. Fortunately, top farmer Mecki Schneider has excellent advice for extensive cattle and sheep farmers. This is the second delivery in a three part series on ten tips for the restoration of livestock farming. 2. Profitable herds An effective cow…
The governor of the Bank of Zambia (BOZ), Denny Kalyalya, has urged government to scrap the Farmer Input Support Programme (FISP). The cost of the programme increased with K1.8 billion to K2.3billion in the last two years. Kalyalya appeared before the Parliamentary Committee on Budget and Estimates. He said such…
The Zambian government has identified the agricultural sector as a driver of economic diversification and job creation. On Friday the Minister of Finance, Felix Mutati, announced that agriculture had been allocated a major slice of the 2017 ZMK64.5 Bn budget. According to Mutati, the aim is to support macroeconomic objectives…
