Posted on 07/30/2020 1:58:44 PM PDT by Roman_War_Criminal
HARARE (Reuters) - Zimbabwe agreed on Wednesday to pay $3.5 billion in compensation to white farmers whose land was expropriated by the government to resettle black families, moving a step closer to resolving one the most divisive policies of the Robert Mugabe era.
But the southern African nation does not have the money and will issue long term bonds and jointly approach international donors with the farmers to raise funding, according to the compensation agreement.
Two decades ago Mugabes government carried out at times violent evictions of 4,500 white farmers and redistributed the land to around 300,000 Black families, arguing it was redressing colonial land imbalances.
The agreement signed at President Emmerson Mnangagwas State House offices in Harare showed white farmers would be compensated for infrastructure on the farms and not the land itself, as per the national constitution.
(Excerpt) Read more at reuters.com ...
Nothing else is acceptable from this filth.
She stopped writing until there was a regime change...She started writing again in 2018....
About a dollar fifty in their money per farmer.
$3.5 billion?
If that’s in Zimbabwe dollars it’s worth like seventy-five cents.
Exactly!
Typical self-licking ice cream cone proposal floated by cargo cult regimes. The farmers are supposed to help fleece bond investors into providing the capital with which to compensate themselves, presumably via personal loan guarantees. The current rulers of Rhodesia appear to have gotten their knowledge of sovereign debt raising from their better-known counterparts in Nigeria.
approach international donors with the farmers to raise funding, ...
International donors = US taxpayers.
[ Two decades ago Mugabes government carried out at times violent evictions of 4,500 white farmers and redistributed the land to around 300,000 Black families, arguing it was redressing colonial land imbalances. ]
So, how’d that eventual starvation work out? Not too well, eh?
I would not count my billions until they were officially in the bank account.
Give me a hamburger now and I will pay you next year—promise!
No representation in government? NO SALE. Eat rocks.
DJT should jump all over this and issue Visas here and assist them to take over defunct farms, and help procure land by selling off federal property that is not being used.
Mugabe must have had Bloomberg advising him on agriculture ;-)
Yeah sure, best build a couple million 40 gallon Wheelbarrels to move the Zimbabwe currency around in.
Zimbabwe hasn’t had access to $3 Billion since Mugabe used most of the money for one of his Birthday Parties.
Assuming US$...
Thats $777,777 each.
Paid
someday.
Pass.
bkmk
Nor would I. If I was counting on getting anything from them. It would would be a bullet in the back of the head.
L8r
he Zimbabwians must really love whites. /s
Apparently. There’s no way to help white-hating stupid people.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.