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Govt Releases Funds Meant To Compensate Former Commercial Farmers - Report

4 years agoSun, 10 Nov 2019 03:39:11 GMT
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Govt Releases Funds Meant To Compensate Former Commercial Farmers - Report

Treasury has reportedly released $22 Million to compensate the 400 commercial farmers that were affected by the infamous land reform program Sunday Mail reports. The $22 million is part of the $52 Million that Mthuli set aside for that specific purpose in the 2019 budget.

Commercial Farmer’s Union President spoke to the publication and said the farmers agreed that the money should better be spread among many farmers as most of them were struggling financially. Said Mr Gilpin:

In the National Budget, an amount of $52 million was set aside for compensation,.

Farmer representatives requested that instead of this money being used to settle a few claims, it would be better to spread it amongst many.

This is because there are many elderly ex-farmers who are struggling financially.

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Farmers received the first $RTGS 55000 sometime during winter in 2019

More: Sunday Mail

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