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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?fn 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 ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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