Zimbabwe: Growers applaud export horticulture revolving fund

Zimbabwe’s growers have applauded the proposal by their government to set up a US$30 million horticulture revolving fund, which should aid in unlocking the sector's potential. The cabinet recently approved the establishment of the horticulture export revolving fund to the tune of US$30 million in line with the country's Horticulture Recovery and Growth Plan (HRGP).

Chief executive officer of Green Afrique Technologies Anglistone Sibanda said a well-resourced revolving fund will greatly transform the sector and empower farmers: "HRGP is one of the greatest things done by the new dispensation and promoting exports will help us to secure markets, which will improve the lives of farmers as well as the economy at large.”

Zimbabwe Farmers Union (ZFU) executive director, Mr Paul Zakariya, said access to appropriate funding remains a constraint in increasing output from the sector: "We have one of the best climates for a number of export crops and our climate allows our blueberries and peas farmers to get into the market much earlier than other producers. Access to appropriate and patient funding will enable us to increase production and fully exploit such windows.”

Source: chronicle.co.zw

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