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 ...
So very classless of him. Remember when he forced two grown men to share a beer on the White House lawn?
Zimbabwe dollars, or real money?
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.
She is a real author,Cathy Buckle.
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.
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.
I remember. Was she in zimbabwe or rhodesia. I know it sucked for them from the posts.
In Zimbabwe currency?
One Hundred Trillion Dollars Reserve Bank of Zimbabwe currency....
Re: Keep the change.
Do I still get my Snickers bar?
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.
Never going to happen...I’ve family that farmed in Zimbabwe....
“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?
She is active on facebook. She has an amazing spirit, despite the horrible circumstances. Zimbabwe is broke so good luck getting any money.
Oh. Typical liberal BS. Promises made, promises denied.
She is still active on facebook. Regularly updates.
Guessing there’s a food supply problem.
Is that 3.5 Billion Zimbabwe dollars? With that, the white farmers might be able to buy some car wash coupons and a pizza.
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.
The first thing they did was tear up the irrigation systems.
The land quickly reverted to desert in most places.
Same place. Mugabe changed the name from Rhodesia to Zimbabwe.
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