Farmer relief as GMB secures ZWG30m, US$2,5m for farmer payouts from Treasury

THE Grain Marketing Board (GMB) has received ZWG 30 million and US$2,5 million from Treasury to settle payments to farmers, a development expected to boost confidence in the agricultural sector and support ongoing production.

Timely payments to farmers are critical in sustaining productivity, enabling growers to meet input costs, service loans and prepare for subsequent farming seasons.

The disbursements also reinforce Government’s commitment to ensuring viability and stability in the grain value chain.

In a statement, GMB chief executive officer Dr Edson Badarai confirmed the latest funding tranche and its impact on cumulative payments.

“The Grain Marketing Board (GMB) is delighted to announce receipt of ZWG 30 million and USD 2.5 million from the Treasury for payments to farmers.

“ This brings total cumulative payments for wheat deliveries to ZWG 280 million and USD 32.5 million,” he said.

Dr Badarai said the release of funds comes as a major relief to farmers, many of whom rely on timely settlements to reinvest in production and sustain 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. The Board extends its gratitude to the Hon. Minister of Lands, Agriculture, Fisheries, Water and Rural Development, Dr. A. J. Masuka, for his tireless efforts in securing Treasury support. GMB remains dedicated to partnering with farmers to achieve national grain self-sufficiency.”

The payments are expected to improve liquidity among farmers, enhance their capacity to procure inputs and contribute to increased wheat output, which is central to Zimbabwe’s food security strategy.

Agriculture remains a cornerstone of the economy, and consistent funding support is seen as key to achieving national grain self-sufficiency while strengthening rural livelihoods.