When the farm invasions were unleashed by the people in power in 2000, it led to bloodshed and random confiscation that reaped a bitter harvest of lost production and exports that persists until this day. That year with all of its fumbling fury fuelled with the idea that to get rich you merely had to own a farm, is always seen as a turning point for the industry. It created a large slice of the country’s GDP and as it fell, so did the fortunes of Zimbabwe.
In what appears to be an escalation of trade spats between Kenya and Uganda, Kenya has stopped another Uganda company from exporting milk. Also, Zimbabwe has expressed interest in buying Ugandan maize. Analyst, Charles Bwogi joins CNBC Africa for more.
Zimbabwe's largest bank CBZ launched two bond issues on Monday, seeking to raise $80.6 million to finance maize and soybean farming, as the country faces another drought that could worsen an already dire economic situation.
Kenya has seen big news this week, with the removal of a cap on commercial lending rates finally being passed in Parliament, the high demand of maize causing exorbitantly high prices and the Kenyan Bureau of Standards (KEBS) having suspended seven peanut butter products due to high levels of dangerous aflatoxins being found in them after testing. Journalist, Joseph Bonyo joins CNBC Africa to help unpack this story.
Zambia has introduced a cap on the price of maize sparking protest from commercial farmers who accused the government of bringing back price controls.
Zimbabwe has banned grain imports to protect local farmers after producing enough to meet domestic demand
Western Cape premier Helen Zille declared the province a disaster area on Monday and urged residents to manage their water supplies more efficiently as the South African region tries to cope with what she described as the "worst drought since 1904".