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Zimbabwe has received around 2,000 high-tech tractors, 80 combine harvesters, and other agricultural equipment from Belarus over the past three years. This equipment has been provided at concessional rates under the Belarus Farm Mechanisation Facility, to modernise the agricultural sector and increase productivity, <a href="https://www.sundaymail.co.zw/zimbabwe-gets-2-000-tractors-from-belarus">The Sunday Mail</a> reported citing authorities.
The machinery has been distributed to all districts in the country. The implementation of Phase 3 of the facility has begun, and it is expected to deliver an additional 4,000 tractors starting this year.
Eng. Edwin Zimunga, the chief director responsible for agricultural engineering, mechanisation, post-harvest agro-processing, and soil conservation, highlighted that the delivery of this machinery is a significant step towards modernising local agriculture. He said:
<blockquote>
The range of equipment that was delivered through the government-to-government programme covers issues to do with land preparation and tillage, planting and sowing, chemigation, fertigation, as well as weeding.
They also cover issues around harvesting through modern combine harvesters, and post-harvest agro-processing is also not left out . . .
 To date, out of Phase 1 and Phase 2, we now have in excess of 2 000 tractors, 80 combine harvesters and many other attachments that are being used in the agricultural mechanisation space.
</blockquote>
The range of equipment provided covers various aspects of farming, including land preparation, planting, irrigation, harvesting, and post-harvest processing. Modern combine harvesters have been introduced to improve the efficiency of harvesting operations.
Under Phase 3, there will be a focus on extending and upgrading strategic grain reserves. Farmers can access this equipment through farmer-friendly banks, such as CBZ, AFC Land Bank, Women’s Bank, and Youth Bank. They only need to make an initial payment of 15% and pay the remaining balance within an agreed period.
This initiative has resulted in a notable improvement in Zimbabwe’s agricultural machinery fleet, with the country now having 13,486 tractors and 303 combine harvesters, compared to 7,000 tractors in 2019.
Belarus has established BiSON Agro Machinery, a company in Harare that offers after-sales services, to ensure sustained support and maintenance for the equipment. The company also facilitates knowledge exchange and training between Belarusian and local engineers, enabling them to repair, maintain, and operate the machinery effectively.
Five years ago, Zimbabwe announced that it needed 40 000 tractors, at a time when only 9000 were available to work Zimbabwe’s 4 130 000ha of arable land.  The southern African nation looked to Belarus and other suppliers in a bid to plug the gap.
<a href="https://www.pindula.co.zw/2023/02/01/alexander-zingmans-aftrade-a-main-beneficiary-of-agreements-between-zimbabwe-belarus/">One of the main beneficiaries</a> of business agreements between Zimbabwe and Belarus is Aftrade, a business headed by infamous Belarusian tycoon <a href="https://www.pindula.co.zw/Alexander_Zingman">Alexander Zingman.</a> He was made Honourary Consul of Zimbabwe to the Republic of Belarus in January 2019. Aftrade has obtained contracts to develop grain storage facilities, supply tractors and harvesters to the government, and secure equipment deals in the mining and logging industries thanks to the visit of Belarusian President Aleksandr Lukashenko to Zimbabwe.
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Zimbabwe also signed a US$51 million deal with US company John Deere for the supply of 1 300 tractors, 80 combine harvesters and other equipment. Zimbabwe engaged with India’s Mahindra, which abandoned a plan in 2018 to set up an assembly plant in Zimbabwe due to forex shortages.
<h3><a href="https://www.pindula.co.zw/">More Pindula News</a></h3>
</div>

Pindula News

Zimbabwe Has Received 2,000 High-Tech Tractors And Harvesters From Belarus To Boost Agriculture

The Reserve Bank of Zimbabwe (RBZ) says it has discovered corporate governance and risk management weaknesses the Zimbabwe Women’s Microfinance Bank Limited after conducting an onsite examination of the financial institution.
Corporate governance weaknesses include issues such as the presence of weak or ineffective internal audits, lack of required skills by managers, lack of proper disclosures, and non-compliance with standards.
In a statement issued on Friday, 6 January, the central bank said the concerned bank’s board and shareholders have since initiated processes and measures to address the deficiencies. Reads the statement:
<blockquote>
Members of the public are advised that the Reserve Bank of Zimbabwe concluded an onsite examination of the Zimbabwe Women’s Microfinance Bank Limited in December 2022, as part of its ongoing supervision activities in terms of Section 36 of the Microfinance Act [Chapter 24:30].
The examination determined corporate governance and risk management weaknesses at the institution.
As part of its supervisory processes, the Reserve Bank has engaged the institution’s board and shareholders who have since initiated processes and measures to address the deficiencies.
The main mandate of Zimbabwe Women’s Microfinance Bank Limited is to facilitate financial inclusion and economic empowerment of women.
The Government of Zimbabwe as a shareholder is committed to the resolution of the identified weaknesses to enable the microfinance bank to continue to perform its mandate.
Through its supervisory processes, the Reserve Bank shall monitor progress on the resolution of the identified weaknesses.
</blockquote>

RBZ Unearths Corporate Governance Issues At Women's Bank

Women Affairs Minister Nyasha Chikwinya said that men will not be allowed to take loans from the Women’s Bank although they will be allowed to make deposits.
Said Chikwinya:
<blockquote>Men are not allowed to take loans; we do not have money to give to men. You should visit any other bank for loans but with this one you cannot. Let us use this one to help women, who have been disadvantaged all along. This one is positive discrimination and we are not ashamed of it.</blockquote>
More: <a href="https://www.newsday.co.zw/2017/07/17/womens-bank-housed-posbs-unused-banking-halls/">NewsDay</a>

Men will not be allowed to access loans from Women’s Bank, can only make deposits

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