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The Zimbabwean government will pay an initial US$20 million this month to foreign white and local Black farmers who lost land due to farm invasions under former leader Robert Mugabe, Finance Minister Mthuli Ncube said on Friday, reported <a href="https://www.reuters.com/world/africa/zimbabwe-compensates-foreign-local-farmers-over-land-invasions-2024-10-04/">Reuters</a>.
This payment is part of the 2024 budget and aims to restore the country’s agricultural sector and support economic revival.
The collapse of agriculture began when Mugabe initiated the seizure of productive farms in 2000, impacting many white commercial farmers and some Black Zimbabweans.
Most of the farms were owned by Zimbabwean white commercial farmers after colonialists forcibly took them from Blacks early in the 20th century.
The compensation will include foreign farmers from Belgium, Germany, and other countries, as well as 400 Black Zimbabweans.
A separate much larger $3.5 billion compensation scheme for 4,000 white Zimbabwean farmers was announced in 2020, but funds have not been released due to Zimbabwe’s financial struggles.
President Emmerson Mnangagwa is working to engage Western governments to restore relations, resolve foreign debt, and revive the economy, though last year’s elections raised concerns about donor confidence.
Finance Minister Mthuli Ncube indicated that the dialogue process is ongoing and essential for clearing Zimbabwe’s debt arrears. He said:
<blockquote>
The dialogue process is working and will help us in clearing our arrears eventually.
</blockquote>
Zimbabwe is seeking an International Monetary Fund (IMF) staff-monitored program as a first step towards debt relief, with an IMF team scheduled to visit Harare in the next two weeks.
Zimbabwe’s total foreign debt stands at $12 billion, owed to various international financial institutions and private funders.
More: <a href="https://www.pindula.co.zw/">Pindula News</a>

Pindula News

The government of Zimbabwe will pay $20 million to farmers who lost land because of Robert Mugabe. This money is to help the agricultural sector and the economy. The farm seizures by Mugabe in 2000 affected white and Black farmers. The compensation includes foreign farmers and Black Zimbabweans. President Mnangagwa is working to improve international relations. Zimbabwe is trying to clear its $12 billion debt with help from the IMF. The dialogue process is ongoing to help with clearing the debt. This is good news for farmers who lost their land.

Government To Pay US$20 Million To Farmers Affected By Land Seizures

The government has reassured beneficiaries of the land reform program that their farms will not be repossessed and they should not panic over the Bilateral Investment Promotion and Protection Agreements (BIPPAS), The Herald reports.
This came to light as Monica Mutsvangwa was speaking to Radio Zimbabwe yesterday when she said a few farmers were going to be reallocated as 37 white farmers will be given back their farms but the land reform program is irreversible.
Mutsvangwa said:
<blockquote>There is absolutely nothing that should be misinterpreted from this agreement. It’s very clear, it’s not a form of land reform reversal. What Zimbabwe now want is agricultural productivity, that’s what we want.</blockquote>
This comes after some organisations including the War veterans have raised concern over the possibility of the government reversing the land reform program and some beneficiaries losing their farms which they acquired during the infamous land reform program.
More: <a href="https://www.herald.co.zw/no-need-to-panic-over-land/">The Herald </a>

Relax, Your Farms Will Not Be Repossessed - Govt To Beneficiaries Of Land Reform

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