Home / Knowledge / News / Textiles / Govt asks textile firms to contract farmers
Govt asks textile firms to contract farmers
28
Sep '11
Zimbabwean Government has asked domestic textile processing firms to enter into contracts with farmers who would supply them with raw inputs.

Acting President John Nkomo, during the 17th annual congress of the Zimbabwe Commercial Farmer's Union (ZCFU), said it has become difficult to raise funds owing to the restrictions placed on the country.

He stated that foreign lenders are charging higher rates of interest, due to which it becomes even tough for the farmers to arrange finances and cash on it.

Hence, Mr. Nkomo said, a system in which cotton ginners contract farmers would prove mutually beneficial, as pursuant to such agreement, farmers would ensure regular supply of inputs to textile production and processing firms, who, in turn, would benefit as they will have assured market for their crops.

Cde Nkomo however cautioned the farmers to be vigilant while inking such deals to save themselves from contracting to sell their produce for meagre prices.

He further stated that recapitalization is essential for farming, but the banks would not continue to extend advance credits for defaulters.

He revealed that the Government has introduced many steps to boost productivity of the farmers. He said the Government is in course of buying new tractors from Brazil and other countries to add to the existing fleet already on farms.

It is also establishing mobile service centres which would extend assistance to the farmers with repair work of their equipments and tractors on farms, he added.

He revealed that the Government has mobilised US$ 45 million from the summer cropping season to make fertilizers and seeds available at subsidized rates.

Donald Khumalo, ZCFU President, alleged that farmers were not at ease with the contractors who claimed their entire produce during the selling season even without supplying the required inputs to the farmers.

He stated that some of the firms deceptively raise the input prices and offer lesser prices while procuring the contracted produce from the farmers.

He also expressed concern regarding incessant power outages that has driven many farmers to abandon farming.

The theme for this year's annual congress of ZCFU was "Regaining the country's bread basket status through enhanced agricultural production".

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 5th Dec 2016

EC proposes new tax rules to support e-commerce in EU

The European Commission (EC) has unveiled a series of measures to...

Apparel/Garments | On 5th Dec 2016

Traders to intensify adoption of digital payments

Adoption of digital payments in their existing business format would...

Textiles | On 5th Dec 2016

US textile & apparel exports down 6.44% in Jan-Sept ’16

The exports of textile and apparel from United States were down 6.44...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search