-
Zimbabwe: Govt Fights Back As Banks Shut Doors On Its 99-Year Farm Leases
New Zimbabwe, 11 April 2021
THE government has been forced to reintroduce its defunct Agricultural Finance Corporation (AFC) after financial institutions grouped under the Bankers Association and resolved not… Read more »
-
Zimbabwe: 99-Year Leases Must Be Bankable, Says Dutch Ambassador
New Zimbabwe, 3 December 2019
Netherlands ambassador to Zimbabwe, Barbara Van Hellemond says a Zimbabwean economy based on predictable and consistent policies, and executed in a transparent manner, will attract… Read more »
-
Zimbabwe: We'll Not Accede to Land Transferability - Minister
The Herald, 9 April 2021
Senior Reporter Read more »
-
Zimbabwe: Govt, Banks to Work On 99-Year Leases
The Herald, 22 June 2020
Government is ready to work with the banking sector to fine-tune 99-year land leases to help make them bankable and so boost productivity, Finance and Economic Development Minister… Read more »
-
Zimbabwe: 99-Year Lease for Tongaat Hulett
The Herald, 8 October 2020
Masvingo Bureau Read more »
-
Zimbabwe: Mnangagwa Defends 99-Year Leases
New Zimbabwe, 17 June 2019
Most Zimbabwean banks have a colonial mindset and that's why they are rejecting government's 99-year leases issued to beneficiaries of the land reform programme, President Emmerson… Read more »
Banks Shut Doors On Zimbabwe's 99-Year Farm Leases
The government has been forced to reintroduce its defunct Agricultural Finance Corporation after financial institutions grouped under the Bankers Association and resolved not to accept the state-issued 99-year farm leases. Agriculture Minister Anxious Masuka said his government had over the past 10 years held discussions with senior bank executives as they dangled a carrot for the bankers to finance the state issued 99-year farm leases. The government's proposal is that the farm leases will enable resettled farmers to access financial loans and boost production. However, financial institutions have rejected the offer insisting the leases were not bankable.
InFocus
-
The government has signed the agreement to pay back white farmers who were evicted during the land redistribution programme in the early 2000s under Robert Mugabe. President ... Read more »
-
Earlier Zimbabwe agreed to pay U.S.$3.5 billion in compensation to local white farmers whose land was forcibly taken by the government to resettle black families, but removing th Read more »
-
Zimbabwe's farmers were now going to be able to use their farms as collateral when taking loans, following the landmark development in which government tweaked the country's ... Read more »
-
President Emmerson Mnangagwa's government has issued a directive for a 99-year lease of land for white farmers, who were only allowed to lease land for 5 years under former ... Read more »
