Farai Mabeza, Senior Staff Writer 
16
THE government says it will come up with measures for financial institutions to bankroll farmers without demanding collateral, which had become an albatross to industrialisation of the sector since the country’s agrarian reforms of two decades ago.
Advertisements
The authorities announced this week that they would be coming up with various non-collateral financial models to finance agriculture as they quicken the pace to achieve an US$8,5 billion agriculture economy by 2025.
All this comes as the sector is poised to grow by 34 percent this year, on the back of improved rainfall and government-funded programmes, as well as private sector-driven contract schemes.
Subscribe to The Financial Gazette
This is premium content. Subscribe to read article.
Login if you have purchased
