Banks mobilise US$425m for agric season

LIVINGSTONE MARUFU   Zimbabwe’s largest bank, CBZ Bank, and AFC have mobilised  a combined US$425m  to go towards financing the upcoming cropping season, Business Times can report. “AFC has mobilised US$155m and U$30m raised from agrobills while CBZ Bank has (raised) US$240m with 50% government guarantee. Both financiers have the leeway to buy back the crop,”  Lands, Agriculture, Fisheries,  Water and…

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