Zhanda said government was struggling to raise the required deposit and if need be would resort to storing the grain in tents temporarily.
“The Chinese want suitable bankable guarantees and a cash deposit upfront,” Zhanda said.
Zanu (PF) MP for Mutasa South, Irene Zindi, expressed worry at the fate of this season’s harvest if government failed to secure the loan in time. “If farmers deliver maize to GMB now before the silos are rehabilitated, will the grain not go to waste?” she asked.
Permanent Secretary for Agriculture Rinson Chitsiko recently told the parliamentary committee for agriculture, that GMB silos needed urgent repair.
Zhanda said government would pay farmers for grain delivered to GMB through a facility the Commercial Bank of Zimbabwe.
According to GMB general manager, Albert Mandizha, government needs $1.5 million to pay farmers for grain supplied last season, plus $8.5 million to pay transporters for distribution of the grain loan scheme.
Post published in: News
Hello everyone my name is Ellias Sandoval,From mexico base in United state of America,I am here to testify how i was scammed by various loan lender from this site.I was in need of a loan and i applied from various loan lenders from this very site.They asked me to pay some amount of money at different basis but i never get my loan.This was how i lost the sum of $5000USD .I was now in debt because i borrowed the money from a friend.One day a friend of mine introduce me to MC HENRY COMPANY . He told me how they has helped him with loan at several cases without any delay.I was scared and never believe him.He urge me to trust him,this was how i was introduce to him through his email{ mchenryloanfirm@gmail.com }.He told me he will offer me the loan that i only need to comply with them.I did as they told me and without any delay,i received my loan as they earlier promise.Am here to tell you that most of the loan lenders in this site are scammers. If you truly need a genuine loan please meet MC HENRY COMPANY through his email : mchenryloanfirm@gmail.com . He is a registered reliable loan lender.And today i am a happy rich man comfortable with my business all thanks to God but very big thanks to MC HENRY COMPANY for making me who i am today,so i use this medium to please and kindly urge who so ever looking for a reliable loan to contact them because this is the only thing i can do for them by advertising their business for them which they never new i am doing for them thanks to you all for listening to my story here in this site.
Contact Emial: mchenryloanfirm@gmail.com