|Arda goes for self-reliance|
|Monday, 18 June 2012 11:55|
THE Agricultural and Rural Development Authority has embarked on a massive transformation of its estates countrywide into self-reliant business entities.
Arda adopted a business model to finance its operations after failing to obtain funding from Treasury in the last 72 months.
Speaking during a tour of Arda’s Nijo Estate in Goromonzi last week, the estate’s manager, Mr Thomas Nyagwande, said the farm had transformed itself to become self-reliant.
Arda board chairman Mr Basil Nyabadza said the business model would also be replicated at all Arda estates in Zimbabwe.
Mr Nyagwande said Arda Nijo Estate had moved to produce crops that earn them enough revenue to fund operations.
“Our current turnover stands at US$1 million and we have projected to increase it to US$1,5 million this year.”
Mr Nyagwande said they were diversifying their operations by adding value to their produce.
“We have since bought a pasteuriser and that will help us a lot in our efforts to add value to our produce.”
“Most of our pumps are affected when power is interrupted and it damages equipment when it is restored.”
“We assist with tillage and other land preparations for communal and resettled farmers in Goromonzi district,” he said.