Published: 17 October 2013

The Commercial Farmers' Union has warned that Zimbabwe's agriculture may be starved of long-term capital should the government force local banks to freeze debt owed by farmers to financial institutions.

The farmer organisation said government should instead concentrate on providing security of tenure to ensure that the sector reclaimed its position as the mainstay of the economy.

Mining is currently the main driver of the economy.

CFU president Charles Taffs said the scraping of the debts may increase bad debts that will affect banks further.
- newsday

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