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2021-04-09 12:30:36 GMT2021-04-09 20:30:36(Beijing Time) Xinhua English
HARARE, April 9 (Xinhua) The Zimbabwean government has said that it will not accede to the transferability of land because its ownership and farming are two distinctive items that should be separated.
Lands, Agriculture, Fisheries, Water and Rural Resettlement Minister Anxious Masuka said farming is a business enterprise where one does not need to own land to be productive, the Herald newspaper reported Friday.
Masuka, who was giving oral evidence before the Parliamentary Portfolio Committee on Lands and Agriculture, said the viability of farming is determined by project proposals and not whether one owns the land or not.
Business Leaders Sound Unfamiliar Note in Zimbabwe: Optimism
Ray Ndlovu, Bloomberg News Mthuli Ncube, Zimbabwe s finance minister, sits in the audience during a plenary session on day two of the 28th World Economic Forum (WEF) on Africa in Cape Town, South Africa, on Thursday, Sept. 5, 2019. , Bloomberg
(Bloomberg) Business executives are sounding decidedly upbeat in Zimbabwe, a sea change from the pessimism theyâve expressed through two decades of economic mismanagement and institutional decay.
The southern African nation is reaping the benefits of a commodities boom and good summer rains that are bolstering farm output. A series of reforms spearheaded by Finance Minister Mthuli Ncube are also starting to bear fruit, with the economic-growth outlook improving markedly and annual inflation, albeit still at 322%, slowing rapidly.