Categories: Stories

Zimbabwe has no money to revive national cattle herd

The government does not have money to finance expanding the national cattle herd but farmers must seek private partners to improve their lot, a junior minister has said.

Official data shows that Zimbabwe has a national cattle herd of 5.3 million down from nearly six million cattle in 1996, prompting farmers to call for government to avail funds to support the revival of the sector.

“Money? Who does not know that government does not have money? Government is not in the business of farming but it is the farmer who is into that business. They must look for partners in the private sector who will help them in their business,” agriculture deputy minister responsible for livestock Paddy Zhanda said yesterday.

The junior minister added that government was of the opinion that the problem in cattle farming was not necessarily that of funding but  lack of knowledge on how to improve the sector.

“Right now our calving rate is around 45 percent instead of 85 percent. There is need for our farmers to gain better knowledge in rearing the cattle. For example it must take five animals of right size to produce one tonne of meat but because of the quality of some of our cattle we end up needing 15 animals.”

Zhanda said government was also still looking at the turn- around strategy for Cold Storage Company.

“It’s not only about bringing in investors. It is also about doing a due diligence on the strategy. People with money are not fools, they will not pour money on something which is not viable.”

CSC is saddled by a $22 million debt and has seen production going down to around 10 percent of capacity.

The company was at one time the largest meat processor in Africa, handling up to 150 000 tonnes of beef and associated bi-products a year and exporting to the European Union, but mismanagement and persistent outbreaks of foot and mouth diseases halted exports in 2001, affecting its viability.-The Source

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Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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