The Grain Marketing Board (GMB) has received ZWG 60million and USD 5million from Treasury to settle payments to farmers, reinforcing Government’s commitment to supporting the agricultural sector.
The latest disbursement, received over the past two weeks, brings total cumulative payments for wheat deliveries to ZWG 250 million and USD 30 million.
In a statement, GMB confirmed the development, saying the funds were part of ongoing efforts to ensure timely payments to farmers and maintain confidence in the country’s grain marketing system.
“The GMB is delighted to announce receipt of ZWG 60million and USD 5million from the Treasury, representing consecutive disbursements over the past two weeks for timely payments to farmers. This brings total cumulative payments for wheat deliveries to ZWG 250 million and USD 30 million,” read the statement.
The Board said the funding would bring relief to farmers and sustain grain production, particularly at a time when timely payments are critical for reinvestment into farming operations.
“This vital funding brings much-needed relief to farmers. The support underscores the Government’s steadfast commitment to agriculture, a key sector driving Zimbabwe’s economy,” it said.
GMB also acknowledged the role played by Lands, Agriculture, Fisheries, Water and Rural Development Minister, Dr Anxious Masuka in securing Treasury support, noting that continued collaboration between Government and stakeholders remains key to sector growth.
“The Board extends its gratitude to the Honourable Minister for his tireless efforts in securing Treasury support. GMB remains dedicated to partnering with farmers to achieve national grain self-sufficiency,” the statement said.
GMB Chief Executive Officer, Dr Edson Badarai reaffirmed the board’s commitment to supporting farmers and improving service delivery across all grain depots.
“We remain dedicated to partnering with farmers to achieve national grain self-sufficiency,” he said.
The latest payments are expected to boost farmer confidence, particularly among wheat producers, and encourage increased production in future seasons. Timely compensation is widely viewed as a critical factor in ensuring that farmers can meet input costs, service loans and prepare for subsequent planting cycles.
Government has consistently emphasised the importance of agriculture in driving economic growth, food security and rural livelihoods. The continued release of funds to GMB reflects ongoing efforts to stabilise the sector and support farmers, who play a central role in national development.
The payments are expected to further strengthen Zimbabwe’s food security position and reduce reliance on grain imports.
