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Zimbabwe agrees to pay $3.5 billion compensation to white farmers
reuters ^ | 7/29/2020 | staff

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 Mugabe’s 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 Mnangagwa’s 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 ...


TOPICS: Crime/Corruption; Culture/Society; Foreign Affairs; Government
KEYWORDS: africa; bidenvoters; nomoney; racism; reparations; whitefarmers; zimbabwe
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To: Roman_War_Criminal

So very classless of him. Remember when he forced two grown men to share a beer on the White House lawn?


61 posted on 07/30/2020 3:10:58 PM PDT by scottiemom (As a retired Texas public4 school teacher, I highly recommend private school.)
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To: Roman_War_Criminal

Zimbabwe dollars, or real money?


62 posted on 07/30/2020 3:12:08 PM PDT by Mr. Blond
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To: Roman_War_Criminal

Wow...smart move.If they can lure white farmers back Zimbabwe might,once again,be the Breadbasket of Africa...as it was up until about 1980.


63 posted on 07/30/2020 3:15:31 PM PDT by Gay State Conservative (The Rats Just Can't Get Over The Fact That They Lost A Rigged Election!)
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To: rktman

She is a real author,Cathy Buckle.


64 posted on 07/30/2020 3:15:38 PM PDT by Mears (..)
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To: hal ogen

I remember her letters. Frankly surprised she hasn’t been murdered.
Honestly, why would whites they stay?
During Zer0’s admin they would no have been welcomed but Pres. Trump would have welcomed them with open arms.


65 posted on 07/30/2020 3:15:54 PM PDT by Vinnie
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To: dfwgator

Mozambique has opened their gates to departing Rhodesian and South African whites as well.

Ironically, prior to the Lancaster House talks of 1979, the socialist leaders of both Zambia and Mozambique (Kenneth Kaunda and Samora Machel) had told Mugabe not to alienate his white population, because they had each learned the hard way how important they were to the economy.


66 posted on 07/30/2020 3:20:03 PM PDT by M1903A1 ("We shed all that is good and virtuous for that which is shoddy and sleazy...and call it progress")
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To: Mears

I remember. Was she in zimbabwe or rhodesia. I know it sucked for them from the posts.


67 posted on 07/30/2020 3:31:43 PM PDT by rktman ( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: Roman_War_Criminal

In Zimbabwe currency?


68 posted on 07/30/2020 3:45:26 PM PDT by blackdog (If you must cut a tree, plant two. It's just decency.)
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To: Billthedrill

One Hundred Trillion Dollars Reserve Bank of Zimbabwe currency....

Re: Keep the change.

Do I still get my Snickers bar?


69 posted on 07/30/2020 3:45:49 PM PDT by frank ballenger (End vote fraud,harvesting,non-citizen voting & leftist media news censorship or we are finished.)
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To: Roman_War_Criminal

The blacks promoted “violent evictions of 4,500 white farmers.” Now the blacks want to pay back the white farmers even though the blacks do not have the money. Three mistakes.

One read of Sowell’s Basic Economics (2003) prevents such silly mistakes.


70 posted on 07/30/2020 3:46:09 PM PDT by Falconspeed
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To: Roman_War_Criminal

Never going to happen...I’ve family that farmed in Zimbabwe....


71 posted on 07/30/2020 3:50:24 PM PDT by Osage Orange (TRUMP!!!)
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To: Roman_War_Criminal

“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....”

is that a piece?


72 posted on 07/30/2020 4:05:00 PM PDT by Whatever Works
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To: rktman

She is active on facebook. She has an amazing spirit, despite the horrible circumstances. Zimbabwe is broke so good luck getting any money.


73 posted on 07/30/2020 4:10:45 PM PDT by pjoseph
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To: Osage Orange

Oh. Typical liberal BS. Promises made, promises denied.


74 posted on 07/30/2020 4:13:57 PM PDT by rktman ( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: rktman

She is still active on facebook. Regularly updates.


75 posted on 07/30/2020 4:19:55 PM PDT by pjoseph
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Guessing there’s a food supply problem.


76 posted on 07/30/2020 4:21:38 PM PDT by Gene Eric ( Don't be a statist!)
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To: Roman_War_Criminal

Is that 3.5 Billion Zimbabwe dollars? With that, the white farmers might be able to buy some car wash coupons and a pizza.


77 posted on 07/30/2020 4:35:31 PM PDT by henkster ("We can always fool the foreigner" - Chinese Proverb)
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To: Made In The USA

The one thing that has occurred to me is that Rhodesia was once the breadbasket of southern Africa when the white farmers ran the place.

However, southern Africa has always been a mineral treasure house. And the Chinese want access to it, but they don’t want to send their own people over there to get it. It’s part of the “Belt and Road” thing. They build the ports, roads and railways to get the stuff shipped to them. But the locals have to dig it out.

So, if they are relying on the local labor force, they need to make sure they are well fed. So, they want to get the white farmers back to make Zimbabwe back into the Rhodesian breadbasket.


78 posted on 07/30/2020 4:43:11 PM PDT by henkster ("We can always fool the foreigner" - Chinese Proverb)
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To: Hambone 1934
They must have thought everything magically grew without any work..Boy were the black farmers surprised.....

The first thing they did was tear up the irrigation systems.

The land quickly reverted to desert in most places.

79 posted on 07/30/2020 4:57:50 PM PDT by meadsjn
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To: rktman
Was she in zimbabwe or rhodesia.

Same place. Mugabe changed the name from Rhodesia to Zimbabwe.

80 posted on 07/30/2020 5:00:47 PM PDT by meadsjn
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