GMB accelerates payment to farmers, bolsters agric confidence

Staff Reporter

The Grain Marketing Board (GMB) is making significant progress in settling outstanding payments to wheat farmers, having disbursed a total of US$14.6 million over the past two weeks.

This financial boost includes a recent allocation of US$4.6 million and an additional US$10 million this week from the Treasury, aimed at clearing the payment arrears.

In a recent statement, the GMB confirmed that it has now completed payments amounting to US$23.7 million to wheat farmers.

The Board emphasised its dedication to resolving these payment issues swiftly, recognising the pivotal role of farmers in achieving national food self-sufficiency.

"The clearance of outstanding payments is a serious priority, and GMB appreciates the commitment of our farmers. We assure continued support in playing a key role in the agriculture transformation agenda," the statement read.

Farmers who have been directly affected by the delayed payments expressed their relief and gratitude towards the GMB's efforts.

Milton Nyemba, a wheat farmer from Concession in Mashonaland Central, praised the GMB's recent actions.

"Receiving these payments not only alleviates immediate financial pressures but also enable us to plan and execute future farming programmes more effectively," Nyemba stated.

Ethel Muchenje, another beneficiary and a seasoned farmer from Hurungwe, echoed these sentiments.

"This move by the GMB is commendable. It restores our faith in the system and encourages us to continue farming, knowing that our efforts are recognised and rewarded in a timely manner," Muchenje remarked.

The recent efforts by the GMB mark a significant turnaround from its previous challenges with delayed payments.

Historically, such delays had driven many farmers to seek alternative markets, selling their produce to private buyers who offered quicker, albeit often lower, payouts.

Last month, GMB also reported clearing an outstanding amount of US$ 2.8 million owed to farmers for maize and traditional grains delivered during the 2022/23 summer cropping season.

Meanwhile, this strategic financial management by the GMB not only underscores its commitment to Zimbabwe’s agricultural sector but also revitalises farmer confidence and participation in national grain reserves.

By ensuring timely payments, the GMB strengthens its role of supporting the country’s agricultural development and ensuring food self-sufficiency, an essential step towards sustainable economic growth.