The government is cooking up a new plan for how people can own and sell farmland in Zimbabwe. They want to make it easier for farmers to use their land as collateral when they need to borrow money from banks. But there's a catch - if you want to sell your farm or transfer it to someone else, you'll need to get the government's okay first.
The same goes for banks that take over a farm if the owner can't pay back their loan. They'll have to check with the government before they can do anything with the land. And forget about selling your farm to a foreigner - that's not gonna fly under these new rules. The government wants to keep most of the farmland in the hands of Zimbabweans.
Right now, a lot of farmers have these 99-year leases or offer letters from the government that say they can use the land. The new system will let them turn those into proper documents that banks will actually take seriously. That way, it'll be easier for them to get loans and invest in their farms.
To make this all happen, they've put together a team of big shots from different government ministries. These folks will come up with a plan and then run it by a special committee that reports straight to the Cabinet. The head honcho of this committee is none other than the Defense Minister herself, Oppah Muchinguri-Kashiri.
One of the people working on this is the Justice Minister, Ziyambi Ziyambi. He says they don't need to change the laws too much to make this new system work. They just need to tweak a few things here and there to make sure that farmland only goes to people who are supposed to have it.
The same goes for banks that take over a farm if the owner can't pay back their loan. They'll have to check with the government before they can do anything with the land. And forget about selling your farm to a foreigner - that's not gonna fly under these new rules. The government wants to keep most of the farmland in the hands of Zimbabweans.
Right now, a lot of farmers have these 99-year leases or offer letters from the government that say they can use the land. The new system will let them turn those into proper documents that banks will actually take seriously. That way, it'll be easier for them to get loans and invest in their farms.
To make this all happen, they've put together a team of big shots from different government ministries. These folks will come up with a plan and then run it by a special committee that reports straight to the Cabinet. The head honcho of this committee is none other than the Defense Minister herself, Oppah Muchinguri-Kashiri.
One of the people working on this is the Justice Minister, Ziyambi Ziyambi. He says they don't need to change the laws too much to make this new system work. They just need to tweak a few things here and there to make sure that farmland only goes to people who are supposed to have it.
