The land tenure programme will generate a US$16.8 billion development fund that will finance infrastructure, debt reduction and agricultural lending, Land Tenure Implementation Committee (LTIC) Chairman Dr Kudakashe Tagwirei has said.
Speaking at a stakeholder breakfast meeting in Harare on Thursday, Tagwirei detailed how mortgage repayments from land beneficiaries would capitalise a dedicated escrow account managed by the Ministry of Finance, creating a self-sustaining pool of capital for national projects.
“Their repayments capitalise a US$16.8 billion development fund, managed by the Ministry of Finance through a dedicated escrow account and recycled into compensation, debt reduction, infrastructure, agricultural lending and reserves,” Tagwirei said.
He said 352,000 citizens would benefit directly from the programme, with 27,045 farms already surveyed and 1,417 title deeds registered as of August 24, 2026, unlocking US$110.4 million in value to date.
Tagwirei outlined a financing framework under which farmers acquire land at a 60 to 70 percent discount granted by President Emmerson Mnangagwa, with mortgages offered over 20 years at 7.5 percent per annum through five designated banks.
He described the arrangement as the President’s vision of “leaving no one behind, made bankable.”
The LTIC chairman said the programme’s success would be measured not by the volume of deeds issued but by whether secure tenure translated into tangible economic empowerment.
“The economic chain we must build is simple: Secure tenure makes land bankable; bankable land attracts investment; investment raises productivity; and productivity delivers household and national prosperity,” he said.
Tagwirei called on financial institutions to develop fit-for-purpose products, including seasonal finance, asset finance and insurance, urging them to treat the reforms as an opportunity rather than a risk-management exercise.
He cautioned that a deed alone was insufficient to create wealth, saying value would be generated through the ecosystem built around secure tenure, including markets, infrastructure, inputs, technology and technical support.
The LTIC was established to coordinate the Government’s land-tenure reforms, which seek to provide Land Reform Programme beneficiaries with bankable, registrable and transferable tenure documents.
Tagwirei said integrating land into the formal economy and the national balance sheet would fundamentally transform Zimbabwe’s agricultural space.
