Zimbabwe may attempt to sell its first international bond to settle a two-decade dispute over the seizure of white-owned commercial farms, even as investor confidence dives.

The debt sale was announced on Wednesday as a possible way to fund a $3.5bn (almost R59bn) settlement with the more than 4,000 farmers who lost their land in often-violent seizures that began in 2000. The takeover slashed exports and soured relations with multilateral lenders and the west, tipping the country into an economic and political crisis that persists until today...

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.