Stanbic Bank Livestock Auction displays Zambia’s finest genetics

This year’s Stanbic Bank Livestock Auction had the best pedigree animals, an indication of a bright outlook for the livestock sector in Zambia, said Herd Book Society of Zambia chairman Quentin Cantlay. The seventh annual Stanbic Bank Livestock Auction was held over the weekend at the Lusaka show grounds. The…

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Bank of Zambia rate reduction to boost lending and productivity

The drop in policy lending rates as well as the lowering of the statutory reserve ratio will open borrowing opportunities for small and medium enterprises (SME’s), including agricultural operations. According to the Private Sector Development Association (PSDA), the downward adjustment will move SME’s from short-term borrowing to medium-term borrowing as…

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Banks will fund farmers who plan well

The opportunities were there for farmers to diversify and grow their businesses through funding, said Stanbic’s Head of Agribusiness in Zambia, Mr. Leon Kotze. However, farmers needed to be able to show they had the ability “to measure and monitor the life cycles of their various commodities and the various…

Continue Reading Banks will fund farmers who plan well
Banks will fund farmers who plan well
Farmers need to understand the life cycles of their various crops and how it impact on their debt situation.

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