{"id":77966,"date":"2023-05-18T18:35:51","date_gmt":"2023-05-18T16:35:51","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/parliament-grills-gmb-over-money-owed-to-farmers-transporters-says-zwl-payments-made-after-losing-value"},"modified":"2023-05-18T21:50:35","modified_gmt":"2023-05-18T19:50:35","slug":"parliament-grills-gmb-over-money-owed-to-farmers-transporters-says-zwl-payments-made-after-losing-value","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/parliament-grills-gmb-over-money-owed-to-farmers-transporters-says-zwl-payments-made-after-losing-value","title":{"rendered":"Parliament grills GMB over money owed to farmers, transporters; says ZWL payments made after losing value"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>By Reason Razao<\/b><\/p>\n

Parliamentary Portfolio Committee on Lands, Agriculture, Water, Fisheries and Rural Resettlement has raised red flags over late payments to farmers and transporters by the Grain Marketing Board adding that they receive money after it has been eroded by inflation.<\/p>\n

The portfolio chaired by Gokwe-Nembudziya legislator, Mayor Wadyajena, grilled the GMB Finance Director, Clemence Guta, following revelations that they were paying grain producers on the date of delivery despite delay of payments by months at times.<\/p>\n

According to the committee, late payments in local currency are prejudicing farmers and transporters of agricultural inputs given the rate at which the ZWL is losing value.<\/p>\n

\u201cDo you think it\u2019s fair to pay farmers on the date of delivery given the rate at which the local currency is depreciating,\u201d Wadyajena asked.<\/p>\n

Member of Parliament for Makoni Central, David Tekeshe, warned GMB against promoting side marketing by failing to settle farmers and transporters arrears.<\/p>\n

\u201cYour Pricing and mode of payment are promoting side marketing. Most of the products are being marketed outside of GMB where farmers are getting cash or USD.<\/p>\n

\u201cIf you give a farmer RTGS which would have devalued because you pay by date of delivery, he will not be able to buy fertilizer at bank rate because most fertilizer companies are rejecting ZWL and transfer.<\/p>\n

\u201cI would suggest you improve the USD and give it to the farmers because at the end of the day farming is business as well and the farmers along with their workers also need to survive,\u201d Tekeshe said.<\/p>\n

As part of his presentation, GMB Finance Director, Guta, argued that farmers had been paid in full.<\/p>\n

\u201cTotal receipts were 373,996 metric tonnes valued at ZWL 58.97 billion. The USD component amounted to USD 51.38 million. Farmers were paid in full and had no outstanding balances for both ZWL and USD incentives,\u201d Guta said.<\/p>\n

\u201cTotal receipts to date are 3,331 mt valued at ZWL 513.38 million and USD714 thousand. Farmers have been paid in ZWL in full and the forex component is still outstanding.\u201d<\/p>\n

Guta added that GMB was still waiting for funding from Treasury to pay the outstanding forex component.<\/p>\n

\u201cWe have also requested for a float of ZWL1 billion and USD1.5 million so that we timely pay farmers.\u201d<\/p>\n

In terms of money owed to the transporters, Guta said: \u201cAs at April 02, 2023 we were owing transporters ZWL 3.59 billion. We received ZWL 3, 215, 000, 000 on the 20 of April 2023 for transporter payments.\u201d<\/p>\n

\u201cFrom this, a total of ZWL 1 021 165 783.07 was paid to Pfumvudza and collection point transporters clearing the outstanding balance.<\/p>\n

\u201cThe balance of ZWL 2 193 834 216.93 was paid to transporters under the Depot to Depot transfers, in respect of social welfare leaving an outstanding balance of ZWL376 million,\u201d he said.<\/p>\n

The Finance Director indicated that they have since written a request to the Treasury to clear this balance.<\/p>\n

For More News And Analysis About Zimbabwe<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. By Reason Razao Parliamentary Portfolio Committee on Lands, Agriculture, Water, Fisheries and Rural Resettlement has raised red flags over late payments to farmers and transporters by the Grain Marketing Board adding that they receive money after it has been eroded by inflation. The portfolio chaired by Gokwe-Nembudziya legislator, Mayor Wadyajena, grilled the […]<\/p>\n","protected":false},"author":84,"featured_media":77965,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,8,35,12,2715],"tags":[1493,2189,19],"class_list":["post-77966","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","category-to-homepage","tag-africa-press","tag-africa-press-zimbabwe-2","tag-zimbabwe"],"yoast_head":"\nParliament grills GMB over money owed to farmers, transporters; says ZWL payments made after losing value - zimbabwe<\/title>\n<meta name=\"description\" content=\"By Reason Razao Parliamentary Portfolio Committee on Lands, Agriculture, Water, Fisheries and Rural Resettlement ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/parliament-grills-gmb-over-money-owed-to-farmers-transporters-says-zwl-payments-made-after-losing-value\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Parliament grills GMB over money owed to farmers, transporters; 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