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Home Agriculture

Zimbabwe approves 2 000 joint farming ventures

Farmers Review Africa by Farmers Review Africa
April 12, 2022
in Africa, Agriculture, Zimbabwe
Reading Time: 2 mins read
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The Zimbabwe government has since 2018 approved at least 2 000 joint farming ventures covering up to 200 000 hectares in an effort to boost the agriculture sector.

This was confirmed by Agriculture Ministry permanent secretary John Basera.

He was speaking at the first meeting of the Joint Venture and Investment Trust hosted by the Federation of Young Farmers Clubs in Zimbabwe Trust in Harare.

“Our interest as government is we are the owners of the land. We need to protect investment, the land holder and the investor so that we build confidence across the partnership,” he said.

Also read: AfDB notes progress on Zimbabwe arrears clearance

“At the moment we do have about 2 000 joint ventures approved by the (Agriculture) Ministry and in terms of hectares it amounted to about 150 000 to 200 000 hectares under joint ventures. We think it is a working model so that we now start to see optimised use of land and resources more importantly.

“We will start to see investments flowing into the agriculture space, investments in the form of working capital, retooling and up-tooling in the agricultural space, mechanisation in the form of modernisation and irrigation development among others.”

Basera added Zimbabwe had the capacity to irrigate over two million hectares of land, but needed resources in order to harness that potential to a meaningful advantage.

Also read: Zimbabwe allow banks to set forex rates to tame black market

“Coming to investments, especially infrastructural investments as related to climate proofing in agriculture which is so vulnerable to climate change effects, this is so critical because we know that climate change is a reality and we need to adapt as a sector and we die.

“That is the reason we are promoting joint ventures especially in relation to irrigation rehabilitation and development so that we can harness all the water bodies in the country,” he said.

Some of the joint farming ventures include former white farmers who have returned to their land and are working with resettled black farmers.

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Source: Farmers Review Africa
Tags: agricultural spaceagricultureclimate changefarming venturesJohn BaserazimbabweZimbabwe approves 2 000 joint farming venturesзимбабвеزيمبابويジンバブエ津巴布韦
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Farmers Review Africa

Farmers Review Africa

Farmers Review Africa strives to be the main source of information about new products, trends and technologies in agriculture and farm inputs. www.farmersreviewafrica.com

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