Zimbabwe: Reprieve for Defaulting Command Agric Farmers
Zimbabwe: Reprieve for Defaulting Command Agric Farmers
2 mins ago
By Zvamaida Murwira
Farmers under Command Agriculture who failed to repay their loans at the end of last season owing to drought and the Covid-19-induced national lockdown, have been granted a huge relief after Government extended the repayment period by an additional three years.
This means the debt has been restructured and farmers will have to repay it in three instalments for the next three seasons.
CBZ Agro-Yield managing director, Mr Walter Chigodora, said this last week while giving oral evidence before Parliament’s Portfolio Committee on Lands, Agriculture Fisheries Water, and Rural Resettlement.