So earlier this week a German company called Amaetheon Agri was given a licence to grow Marijuana/Cannabis for scientific and medical use. This sparked an internal debate about the whole cannabis licence system in Zimbabwe.
The fee is exclusionary by design and this is a bad thing because the govt and economy could be making a lot more money if there were tiered licences ranging from recreational and small scale growers all the way to commercial operations. Cannabis is after all a billion-dollar industry, valued at around US$20 billion and it is projected to grow to US$70.6 billion by the end of the decade.
And another thing, why is there no growers licence for tobacco which is undoubtedly more harmful but there is one for cannabis which by comparison is not.
You can download or play the podcast with the link below:
NB: Techzim is now zero-rated for text-based content. However, for embedded videos and media like podcasts, you will need to have data.
You can subscribe & listen to Technikari these podcast sites & apps
You should also check these Technikari episodes
One week after SI 127 and well there are no prizes for anyone. Because experts, pundits and even armchair economists were all right about the effects of the statutory instrument.
SI 127 has been the talk of the town and for good reason. The Statutory Instrument is going to increase prices in ZWL$ particularly because everyone will be juxtaposing the “official rate” with the parallel market rate.
ZIMRA recently gave a grace period for the importation of cars that are 10 years or older. Now, this comes after the ban the govt instituted in April 2021 which leads us to believe it’s all about the revenue dip ZIMRA was experiencing on its end.
Is Huawei’s Harmony OS going to make a dent on the Android and iOS duopoly?
Cover Image Credit: CNBC