Sakunda Holdings funded Command Agriculture

Addressing mourners at the burial of his wife, Idaishe Olivia Chengu-Charamba in Mutorashanga on Tuesday, George Charamba disclosed that the Command Agriculture scheme was funded by Sakunda Holdings.

Said Charamba:

Let it be known that Command Agriculture is not being funded by public funds, nothing is coming from taxpayers. The money is coming from Sakunda Holdings through their company Trafigura fronted by Kuda Tagwireyi. These are committed Zimbabweans bound by the love of their country who came to fund the project.

Sakunda, which is currently involved in several major government energy projects, is believed to have invested $199 million into the scheme where farmers who received free agricultural inputs were expected to pay back with grain deliveries to the Grain Marketing Board.

More: NewsDay

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Sakunda HoldingsCommand AgricultureThe Grain Marketing Board

Sakunda Holdings is a privately owned Zimbabwean company in the commodities industry. It was founded and is majority owned owned by commodities businessman, Kuda Tagwirei. Sakunda Holdings has three distinct operating divisions namely Sakunda Energy, Sakunda Trading and Sakunda Logistics. The company holds a virtual... Read More About Sakunda Holdings

The Targeted Command Agriculture is a Zimbabwean agricultural scheme aimed at ensuring food self-sufficiency that was introduced at the start of the 2016 - 2017 farming season following the drought of the previous season. The scheme was introduced as Zimbabwe struggled with economic problems. It... Read More About Command Agriculture

The Grain Marketing Board (GMB) is a state owned commodity trading enterprise that deals in cereals and oil seeds, the provision of logistic services to the agricultural industry as well as processing of products. The board's main objective is to ensure national food security through... Read More About The Grain Marketing Board

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