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    Friday, 9 November 2018

    New sugarcane farmers in court for avoiding loan payments


    CHIREDZI – Three sugarcane farmers namely Jeremias Mangure (2 hectares) of Hippo Valley, Tendai Muzondiwa (2,8 hectares) and Edward Chipfere of Hippo Valley (4 hectares) have been dragged to court for failing to pay loans obtained from Agribank.
    It was said that some farmers are side marketing their sugarcane crop to avoid servicing of their loans. In order to avoid side marketing, financial institutions are going to court to get orders to attach the farmers’ unharvested crop.
    Some sugarcane fields were recently auctioned by Chiredzi Messenger of Court.
    The move to put standing sugarcane under judicial management is just the beginning by financial institutions as various sugarcane farmers especially in Mkwasine are now owing banks thousands of dollars.
    Mkwasine Sugarcane Farmers Association (MSFA) chairperson Denis Masomere said he cannot deny or confirm the existence of rampant side marketing in Mkwasine but said it is a bad habit which is affecting sugarcane farming in Chiredzi. He said he heard that other farmers are evading repaying loans by selling sugarcane to other farmers or selling to Tongaat under other farmers?
    A senior Tongaat Hulett employee said the company has a data base of all farmers who are involved in side marketing. He said some of these farmers are getting inputs to sell on the black market.

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