John Deere Mechanisation Facility
Agribank is inviting suitable farmers to participate in the John Mechanisation Facility
To qualify applicants must meet the following criteria:
(i) Be a farmer or locally registered farming entity
(ii) Have proof of land ownership, valid lease endorsed by Ministry of Agriculture on adequate land preferably irrigable land with adequate water source is an added advantage (offer letter, title deeds or 99 year lease)
(iii)Have proven record of production in the chosen enterprise
(iv) Adequate management or expertise must be available, equal opportunity will be given to both male and female applicants.
The Agribank Board of Directors would like to announce the retirement of Mr. Somkhosi Mahamba Temba Malaba from the position of Chief Executive Officer effective 31 January 2020. Mr. Malaba was appointed Chief Executive Officer of Agribank in May 2004 and served the Bank in the position for over fifteen years.
Mr. Malaba is a qualified Economist with a Bachelor of Science in Economics degree from the then University of Rhodesia. He also acquired a Masters in Economics from the University of Manchester in the United Kingdom.
Update on Bringing A Strategic Partner To Assist on Agribank Capitalization
Significant progress has been made with regards to preparing the groundwork on bringing in a strategic partner for the Bank. As is required, a Technical Committee on Agribank has been established by Government whose main purpose is to oversee and manage the bringing in of a strategic partner for Agribank and to ensure that all the necessary approvals are granted
The Bank has already sent out through the media an invitation for expression of interest for the provision of Transactional Advisory services.