On black farmers, Mombeshora said the government is scrapping the provision that said they must prove to be productive before they could be given leases.
“The law says one can get an offer letter and only get a 99-year lease after three years upon assessment by government to verify levels of production and infrastructure that would have been developed on that piece of land during the period under review,
“But we have refined the lease to be bankable, and it defies logic to give the lease after three years and upon seeing production because there will not be any production as the farmer would have failed to get funding.
“Therefore, farmers need the lease first so that they access funding from the banks. We are looking at ensuring that farmers get 99-year leases at the time they go onto the land or are approved to occupy a piece of land.”
(315 VIEWS)
Page: 1 2
Nearly 80% of Zimbabweans are against the extension of the president’s term in office, according…
The government is the biggest loser when there is a discrepancy between the official exchange…
Zimbabwe is currently in turmoil after it devalued its five-month old currency, the Zimbabwe Gold…
Zimbabwe today devalued its local currency, the Zimbabwe Gold (ZiG), by 44% to trade at…
Today is the third quarterly payment date (QPD) for the year, the second after the…
I left The Chronicle after nine years and returned to freelancing. I started The Insider,…