Arda controls large farming estates in most parts of the country, but the majority of these are under-utilised due to lack of capital. At one point, Arda contributed 30 percent to the national wheat requirements, but this has fallen drastically over the years.
“We are working closely with our partners to ensure that the estates become viable as the firm is relying more on its coffers since Government stopped assisting the entity long back,” Mr Nyabadza said.
He said Arda was keen to regain its position as a leading food producer in the country.
But he said the country would only realise fruits from the investment in the medium term.
Mr Nyabadza, himself a successful farmer, said sanctions were hurting Arda in various ways, crippling its efforts to capitalise.
Western countries and institutions have imposed sanctions on Zimbabwe over its land reforms. — New Ziana.
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