18.2 C
New York
May 17, 2025
Africa Agriculture Farming International Monetary Fund (IMF) Land rights news Race World Bank World news Zimbabwe

Zimbabwe starts compensating white farmers 25 years after land seizures

Zimbabwe starts compensating white farmers 25 years after land seizures

Step is requirement for restructuring country’s debt, including new IMF programme

Zimbabwe has started to make compensation payments to former white farm owners, 25 years after Robert Mugabe’s government began confiscating land.

The government paid $3.1m (£2.3m) to a “first batch” of 378 farms, the ministry of finance said in a statement on Wednesday, the first payout under a 2020 agreement to pay $3.5bn in compensation.

Continue reading…

Related posts

‘Who is going to face Mr Trump’: Canada leaders’ debate dominated by US crisis

TheWorldsNews

Kenyan police find more female body parts at Nairobi garbage dump

TheWorldsNews

Somalia arrests another journalist as press clampdown intensifies

TheWorldsNews

Pin It on Pinterest

Share This