Tag: doors

Zimbabwe: Govt Fights Back As Banks Shut Doors On Its 99-Year Farm Leases

April 11, 2021
THE government has been forced to reintroduce its defunct Agricultural Finance Corporation (AFC) after financial institutions grouped under the Bankers Association and resolved not to accept the state-issued 99-year farm leases. Agriculture Minister Anxious Masuka said his government had over the past 10 years held discussions with senior bank executives as they dangled a carrot