10
Jul
Erasmus Shalihaxwe Agribank has begun the rollout of the drought relief subsidies. The Minister of Finance and Public Enterprises, Iipumbu Shiimi, during his budget speech in February, announced that the drought relief measures would be implemented from 10 July and that it would be in the form of an instalment relief and penalty interest waivers for clients. Agribank Chief Executive Officer Raphael Karuaihe announced this on Wednesday during a media briefing at the bank's headquarters. “Accounts of qualifying clients will be credited in full as and when instalments fall due, and past-due accounts will be credited with immediate effect. The…