GMB gets ZiG60m and US$5m to pay farmers

GMB finally gets cash injection to settle wheat debts and calm fed-up farmers.

Treasury releases fresh funds for payouts
  • Grain Marketing Board snagged ZWG60 million plus US$5 million from Treasury recently.
  • These chunks rolled in over the last two weeks to speed up farmer payments.
Cumulative wheat payments climb higher
  • Total disbursed now hits ZWG250 million alongside US$30 million for wheat deliveries.
  • GMB hails the money as huge relief that keeps growers in the official system.
Government doubles down on ag support
  • Officials stress steady backing for farming since it powers Zimbabwe's economy.
  • Funds aim to rebuild trust after chronic delays wrecked farmer morale.
Promise of faster cycles lingers
  • GMB targets payouts within 14 to 30 days once cash flows.
  • Past Treasury shortfalls dragged things out and pushed folks away from selling to them.
 

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