Rural banks for rural agricultural productivity in Zimbabwe in the 21st century

The 2000 land reform programme in Zimbabwe availed large tracks of arable land to farmers. The first reaction to the land reform programme was a slump in food production in the country. Several factors have affected the sustainability of the land reform programme. The thesis of the current study is...

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Main Author: Jephias Matunhu
Other Authors: Midlands State University, Department of Development Studies, Zimbabwe
Format: research article
Language:English
Published: Kamla-Raj Enterprises 2023
Subjects:
Online Access:https://cris.library.msu.ac.zw//handle/11408/5475
https://doi.org/10.1080/09766898.2013.11884697
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author Jephias Matunhu
author2 Midlands State University, Department of Development Studies, Zimbabwe
author_facet Midlands State University, Department of Development Studies, Zimbabwe
Jephias Matunhu
author_sort Jephias Matunhu
collection DSpace
description The 2000 land reform programme in Zimbabwe availed large tracks of arable land to farmers. The first reaction to the land reform programme was a slump in food production in the country. Several factors have affected the sustainability of the land reform programme. The thesis of the current study is that the lack of finance contributed to the poor performance of the agricultural development in the country. The research methodology is qualitative desktop. Data were collected from literature on rural banking. The study identified the following opportunities for rural banking in the country; the land reform, the current indigenisation and economic empowerment policy and the government of President Mugabe’s inclination towards appeasing the rural peasantry. The study identified the following possible challenges for rural banking in Zimbabwe; liquidity crunch, poor staffing, weak managements, low capitalisation, poor technology, and lack of adequate communication facilities and inadequate training. The conclusion is that the rural banking concept needs to be adopted and implemented in Zimbabwe. The significance of the study is that it stimulates debate on supporting the land reform programme in Zimbabwe. It intends to demonstrate the fact that agricultural productivity in the rural areas could be enhanced through a robust financial intermediation for the rural farmers.
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spelling ir-11408-54752023-03-29T06:30:08Z Rural banks for rural agricultural productivity in Zimbabwe in the 21st century Jephias Matunhu Midlands State University, Department of Development Studies, Zimbabwe Rural Bank Agricultural Productivity Development Zimbabwe The 2000 land reform programme in Zimbabwe availed large tracks of arable land to farmers. The first reaction to the land reform programme was a slump in food production in the country. Several factors have affected the sustainability of the land reform programme. The thesis of the current study is that the lack of finance contributed to the poor performance of the agricultural development in the country. The research methodology is qualitative desktop. Data were collected from literature on rural banking. The study identified the following opportunities for rural banking in the country; the land reform, the current indigenisation and economic empowerment policy and the government of President Mugabe’s inclination towards appeasing the rural peasantry. The study identified the following possible challenges for rural banking in Zimbabwe; liquidity crunch, poor staffing, weak managements, low capitalisation, poor technology, and lack of adequate communication facilities and inadequate training. The conclusion is that the rural banking concept needs to be adopted and implemented in Zimbabwe. The significance of the study is that it stimulates debate on supporting the land reform programme in Zimbabwe. It intends to demonstrate the fact that agricultural productivity in the rural areas could be enhanced through a robust financial intermediation for the rural farmers. 4 1 21 26 2023-03-29T06:30:07Z 2023-03-29T06:30:07Z 2017-08-31 research article https://cris.library.msu.ac.zw//handle/11408/5475 https://doi.org/10.1080/09766898.2013.11884697 en Journal of Agricultural Sciences 2456-6535 open Kamla-Raj Enterprises
spellingShingle Rural
Bank
Agricultural Productivity
Development
Zimbabwe
Jephias Matunhu
Rural banks for rural agricultural productivity in Zimbabwe in the 21st century
title Rural banks for rural agricultural productivity in Zimbabwe in the 21st century
title_full Rural banks for rural agricultural productivity in Zimbabwe in the 21st century
title_fullStr Rural banks for rural agricultural productivity in Zimbabwe in the 21st century
title_full_unstemmed Rural banks for rural agricultural productivity in Zimbabwe in the 21st century
title_short Rural banks for rural agricultural productivity in Zimbabwe in the 21st century
title_sort rural banks for rural agricultural productivity in zimbabwe in the 21st century
topic Rural
Bank
Agricultural Productivity
Development
Zimbabwe
url https://cris.library.msu.ac.zw//handle/11408/5475
https://doi.org/10.1080/09766898.2013.11884697
work_keys_str_mv AT jephiasmatunhu ruralbanksforruralagriculturalproductivityinzimbabweinthe21stcentury