Popular Democratic Movement (PDM) MP McHenry Venaani has questioned the government's awareness of the continued delay in implementing property rights in communal areas, limiting the ability of thousands of citizens to unlock the economic value of their properties.

Minister of Agriculture, Fisheries, Water, and Land Reform Inge Zaamwani said the government has not conducted a nationwide valuation of properties in communal areas but acknowledges that the current communal land system limits the ability of right holders to unlock the economic value of their land.

“Should an evaluation exercise be required, the ministry will assign accredited valuers to carry out the task. Valuation exercises related to improvements in communal areas are conducted only when portions of communal land are reclassified and incorporated into townlands. Therefore, the evaluation of communal land occurs exclusively when the land is integrated into townlands.”

NUDO Leader, Vetaruhe Kandorozu, also asked how farmers can grow the agricultural sector when agricultural bank lending has become more restrictive and costly, with some communal farmers facing interest rates of up to 8% on additional livestock loans.

The minister clarified that lending rates range from 4 to 9%, with the concessional 4% rate applying only to the first qualifying short-term loan.

She responded that subsequent loans are charged at standard rates, as AgriBank must balance its development mandate with financial sustainability.

“It is important to appreciate that AgriBank raises capital at significantly higher rates and does not receive subsidies that would allow you to extend all lending facilities to be permanently at 4%. AgriBank defines high-value net worth. It classifies its clients in various categories.”

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NH !Noabeb