Zimbabwean government offers £2.7 billion compensation to 4,500 white farmers whose land was seized by Robert Mugabe

An agreement has been signed by the Zimbabwean government and the country’s dispossessed commercial white farmers to compensate them with US$3.5 billion after their land was seized under Robert Mugabe’s regime.

 

Over 20 years ago, Robert Mugabe forcibly took more than 4,000 farms from the country’s 4,500 white large-scale commercial farmers. He justified the land grabs as a payback to correct historical wrongs, claiming they were forcibly taken from the nation’s blacks.

 

 

Zimbabwe’s Minister of Finance and Economic Development, Mthuli Ncube officially signed the compensation agreement with former commercial farmers on Wednesday, July 29.

Must Read:  Boko Haram leader, Shekau condemns death sentence of singer for blasphemy

 

‘In the agreement, we have given ourselves 12 months to run around the world, around Zimbabwe to think of ways of raising this funding,’ Finance Minister Mthuli Ncube said at the signing ceremony in Harare.

 

‘We are determined that we achieve that. It’s also about pledges not necessarily about cash being put on the table. It’s about commitment.’

Must Read:  We’re getting new weapons from China, Jordan, U.S. – Buhari

 

 

Mugabe’s successor Emmerson Mnangagwa said the Wednesday deal was ‘historic in many respects’.

 

‘It brings closure and a new beginning in the history of the land discourse in Zimbabwe,’ Mnangagwa said.

 

‘The process which has brought us to this event is equally historic as it is a reaffirmation of the irreversibility of land as well as a symbol of our commitment to constitutionalism, the respect of the rule of law and property rights,’ he said.

Must Read:  21.7 million Nigerians now unemployed – National Bureau of Statistics

 

According to the report, the cash-strapped government set up a committee made up of farmers and donors to raise the money as they do not have the funds to make the payouts.

Leave a Reply

Your email address will not be published. Required fields are marked *

Recommended
Lawyer and author, Reno Omokri has once again released his…
Cresta Posts Box by CP