Government to process payment to farmers on time

By Stanley James, Business Editor

Government has assured farmers that it will continue to process payments for grain in time while making necessary reviews to the producer price

The 10th Annual National Agri-Business Conference at the Zimbabwe Agricultural Show provided a platform for business and government to come up with solutions to the challenges facing the agriculture sector.

Officially opening the conference Vice President General (Retired) Dr Constantino Chiwenga, who was represented by the Minister of Lands, Agriculture, Fisheries, Water and Rural Development Dr Anxious Masuka, assured farmers of viable returns as government seeks to ensure payments are made on time.          

“In accordance with changes in the macroeconomic fundamentals, government will continue to timely process payments to farmers and make necessary modifications to producer prices of the various crops. It should go without saying that farmers require sufficient incentives in order to maintain and expand the sector,” said the Vice President.

The Second Republic remains resolute in the endeavor to ensure national food security. 

“Since the agricultural sector accounts for more than 60 percent of industrial raw materials and directly supports 72 percent of our population, it is imperative to devise mechanisms to boost agricultural productivity and production, in order to foster economic growth. As we focus on the agricultural sector, it is crucial to include smallholder farmers in the sectors transformation discourse, to ensure food security and the growth of agro- business value chains.”

Statistics released at the conference show that the agricultural sector is projected to grow by 5,1 percent in 2023 and 5,2 percent in 2024.         

Participants concurred that increased agricultural productivity will be key in realising an upper middle-income society by 2030.