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*Farmers Union To Approach Banks Over Use Of 99-Year Leases As Collateral* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ct The Zimbabwe Commercial Farmers Union (ZCFU) has said that it is negotiating with the Bankers Association of Zimbabwe (BAZ) over the use of 99-year leases. The farmers want the banks to allow the leases to be used as collateral to get loans. ZCFU Matabeleland North provincial chairman Mr Winston Babbage said, > Well, we are negotiating with a lot of banks and collateral is an issue and we are taking up the issue with the BAZ and see if the 99-year lease becomes acceptable. BAZ is saying it has passed but the banks are not willing to agree on it. More: ZBC News ---------- Latest itel A06 on Pindula: 32GB storage, 4GB RAM $69 USD WhatsApp: +263715068543 Calls: 0772464000 ---------- _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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