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Zimbabwe Pays First Compensation to Farmers for Land Seizures | JQJO

Zimbabwe Pays First Compensation to Farmers for Land Seizures

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Zimbabwe has made its first compensation payments to white farmers whose land was seized during the controversial land reform program of the early 2000s. An initial US$3 million has been paid to 378 farmers, representing 1% of the total $311 million allocated for the first phase of compensation. The remainder will be paid via Treasury bonds. This is the first payment under a 2020 agreement committing Zimbabwe to pay $3.5 billion in compensation. The government only compensates for improvements made to the land, not the land itself. This move is seen as a crucial step towards mending relations with Western nations and resolving the country's economic challenges.

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Zimbabwe has made its first compensation payments to white farmers whose land was seized during the controversial land reform program of the early 2000s. An initial US$3 million has been paid to 378 farmers, representing 1% of the total $311 million allocated for the first phase of compensation. The remainder will be paid via Treasury bonds. This is the first payment under a 2020 agreement committing Zimbabwe to pay $3.5 billion in compensation. The government only compensates for improvements made to the land, not the land itself. This move is seen as a crucial step towards mending relations with Western nations and resolving the country's economic challenges.

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