Zimbabwe signs compensation deal with white farmers
As the country endures food and fuel shortages, as well as hyperinflation, it is not clear how the $3.5bn agreed to will be funded
29 July 2020 - 12:56
Harare/Johannesburg — Zimbabwe’s government has signed a $3.5bn deal to compensate white commercial farmers evicted from their land two decades ago.
The agreement is a turning point in a dispute that tipped the Southern African nation’s economy into freefall by slashing food production and export income, and incurred sanctions from the US and EU...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.