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Zimbabwe says it will compensate local and foreign white farmers who lost land and property more than 20 years ago in farm seizures meant to redress some of the wrongs of colonialism.

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Zimbabwe to compensate white farmers who lost land in seizures 20 years ago

Zimbabwe says it will compensate local and foreign white farmers who lost land and property more than 20 years ago in farm seizures meant to redress some of the wrongs of colonialism

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Zimbabwe will begin compensating white farmers whose land was seized in 2000 and led to the decimation of agriculture and the economy.

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HARARE, Zimbabwe (AP) — Zimbabwe says it will compensate local and foreign white farmers who lost land and property more than 20 years ago in farm seizures meant to redress some of the wrongs of colonialism. About 4,000 white farmers lost their homes and swathes of land when the Black-majority country’s then-president, Robert Mugabe, launched the often-chaotic redistribution program in 2000, which turned violent at times. Mugabe, who died in 201…

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Foreigners will receive an initial $20 million to be shared equally among the 94 claimants

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Zimbabwe to compensate white farmers 20 years after land seizures

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Associated Press HARARE, Zimbabwe (AP) — Zimbabwe says it will compensate local and foreign white farmers who lost land and property more than 20 years ago in farm seizures meant to redress some of the wrongs of colonialism. About 4,000 white farmers lost their homes and swathes of land when the Black-majority country’s then-president, Robert

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The Zimbabwean government has announced that it will compensate farmers who lost their land and property in farm seizures more than 20 years ago. Finance Minister Mthuli Ncube says that $20 million (more than  R300 million) will be paid to 94 claimants from Denmark, Germany, Netherlands, Switzerland and Yugoslavia before the end of this year. Ncube says, “The bigger debt is with the former farm owners in terms of the Global Compensation of R5 bi…

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Zimbabwe to compensate farmers who lost their land - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Zimbabwe to pay white farmers for land taken in early 2000sZimbabwe plans to compensate white farmers for property lost in land seizures that began 24 years ago. The government approved payments totaling over $500 million‚ with most to be paid through treasury bonds

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Zimbabwe to pay white farmers for land taken in early 2000s

Finance Minister Mthuli Ncube   
By Costa Nkomo 
This payment is part of a multi-year compensation plan, focusing on claims protected under the Bilateral Investment Promotion and Protection Agreement (BIPPA). Speaking to journalists after a dialogue meeting with development partners in Harare, Prof Ncube confirmed that the US$20 million will be paid out before year-end, with subsequent payments to follow annually. “Specifically on the matter of …

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Zimbabwe to compensate white farmers who lost land in seizures 20 years ago

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