Judges And ZACC, ZEC Commissioners Unfairly Benefited From Farm Mechanisation Deals – Magaisa

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Following the recent acquisition of farming equipment worth US$51 from an American company, John Deere Agriculture World Wide, concerns have raised about whether taxpayers will be ripped off once again to subsidise the elite.

In 2007/08, the Reserve Bank of Zimbabwe (RBZ) sourced farming implements worth millions of dollars under the farm mechanisation scheme.

The equipment was ‘sold’ the ruling elite but they never paid. The government later took over the debt and saddled in on taxpayers. Political and legal commentator Alex Magaisa revisits the issue:

RBZ Farm Mechanisation Scheme 2007-08

Some may recall that the RBZ ran a scheme where it gave farm equipment to elites in 2007/08 but they never paid for it. That debt was later taken over by the government, essentially meaning the taxpayer paid for the elites’ equipment.

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