State-owned financier ready for summer cropping season

By Bruce Chahwanda, Political Editor

THE Agriculture Financing Corporation (AFC) is preparing for the next summer cropping season, amid indications that the entity is already

AFC Holdings confirmed its readiness to finance the forthcoming summer cropping season at a workshop with parliamentarians in Harare this Tuesday with the legislators getting an appreciation of the organisation’s functions.

AFC Holdings Group Chairman James Mutizwa disclosed that funding models have already been spelt out to farmers.

“We are ready for the 2022-2023 agricultural season, so far we are receiving applications from farmers across the country. We are cognisant of the fact that no farmer must be left behind,” he said.

Chairman of the Parliamentary Portfolio Committee on Lands, Agriculture, Fisheries, Water and Rural Development Honourable Justice Mayor Wadyajena noted the need for a cordial working relationship with state entities in support of government’s economic development agenda.

“AFC is a product of the Ministry, but your parent Minister has no respect for parliament, I don’t know where they derive their powers from. President Emmerson Mnangagwa has been Minister of Justice, Legal and Parliamentary Affairs for a very long time and he respects parliament. Your Minister and Permanent Secretary say they are not politicians but technocrats, but they are products of politics,” he said.

Zimbabwe is an agro-based economy driven by both communal and commercial farmers.

The Second Republic introduced the Pfumvudza/Intwasa concept to climate proof agriculture, with the initiative yielding positive results in the country’s quest to ensure national food security.