ZFU launches Capital Venture

ZFU launches capital venture

The Zimbabwe Farmers Union (ZFU) launched a commercial entity in the name of Globfarm Investments (Pvt) Ltd. The entity will carry out commercial activities as an independent entity. This initiative is aimed to bolster the Union’s operational obligations in a bid to enhance and promote local farmers in the country. The commercial entity has so far rolled out three projects namely, the Tillage unit, the Haulage Unit, and the Meat Market Unit.

The objective of Globfarm is to provide services to farmers based on viable business models. The tillage unit has tractors that are domiciled in Harare, carrying out services to any farmer in Harare and its peri-urban environment who wishes to have their land prepared. The vision to expand the service to members in the different provinces across the country so they also benefit from the affordable prices.

The Haulage Unit is currently in operation in Chiredzi Province. The Haulage Unit provides transportation services of Sugarcane from the farms to Sugar mills. This service has also been set at affordable rates to ensure that farmers are able to access the haulage service whilst remaining profitable after selling their produce.

The Meat Market Unit is set to transform the livestock industry by promoting farmers through providing a viable alternative market. The Meat Market Unit will be opening a butchery in Harare CBD next month but has already set up a production site which will be producing sausages, polonies and biltong for the wholesale market.

Through the Meat Market, livestock production as profitable for the farmers. The idea is to start from Harare and expand to the rest of the provinces in the future.

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