In his Transitional Stabilisation Programme (TSP), Finance Minister Mthuli Ncube said resettled farmers will no longer get farm implements from government for free.
He said there is need for farmers to graduate from relying on Government for farming equipment. Part of TSP reads:
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The Transitional Stabilisation Programme recognises the need for farmers to graduate from practices where the greater part of their requirements, for such equipment as tractors, and disc ploughs, is provided for by Government. Movement towards a market based supply and demand driven approach would be more efficient and sustainable, and also reducing the greater burden of reliance on the fiscus. Government would provide and target the necessary incentives, such as extending duty concessions on importation of mechanisation equipment to also include spares.
Professor Mthuli Ncube is the Minister of Finance and Economic Development. He was the Chief Economist and Vice President of the African Development Bank, financial, economics, investment, and public policy expert, entrepreneur and academic. Professor Ncube divides his time between the private sector in Switzerland... Read More About Mthuli Ncube