President Emmerson Mnangagwa
PRESIDENT Emmerson Mnangagwa’s government has promised to compensate displaced white commercial farmers by September this year.
The move, which is aimed at facilitating the country’s international re-engagement efforts and boost investor confidence, will see the new administration coughing up close to $9 billion for the misdeeds of former president Robert Mugabe’s regime.
Mugabe’s government dispossessed at least 4 000 white farmers under his controversial land reforms programme that was aimed at distributing farms to “landless blacks”, but led to a massive slump in agricultural production.
Read full story in The Financial Gazette paper