Govt to wean off land bank in two years

THE government expects the recently established Land and Agricultural Development Bank of Zimbabwe (LADBZ) to be self-sustaining by the end of 2023, a Cabinet minister has said.
The LADBZ was set up following a restructuring of the state-owned Agribank. It will this year receive $700 million from the national budget. The government has also said it is earmarking investment support from pension funds, among other sources.