GMB owes wheat farmers US$14m
The Grain Marketing Board (GMB) owes the private sector US$14m
and ZWG174m for wheat delivered during the 2024 winter wheat season,
Business Times has learned.GMB has a long-standing
reputation for delayed payments,leaving farmers struggling to finance
their field operations due to a lack of working capital.
Food Crop Contractors Association (FCCA) chairperson Graeme
Murdoch told Business Times that timely payments are critical for
farmers to plan effectively.“GMB owes us a total of US$14m
and ZWG174m. We need them to settle these outstanding obligations to
ensure smooth farming operations,” Murdoch said. “We are in discussions
with the authorities regarding stop
orders and payments.” Last year, GMB took over a
year to clear its winter wheat debt,
