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Zimbabwe to pay displaced, foreign white farmers

Summary by VOA News

HARARE, ZIMBABWE — Zimbabwe’s government said Wednesday it will compensate foreign investors who lost assets in the country’s controversial land reforms in the early 2000s but were protected by bilateral investment protection agreements. Zimbabwean Finance Minister Mthuli Ncube said in a statement the government will pay 94 former farmers from countries such as Switzerland, Denmark, Germany, Netherlands and the former Yugoslavia. The farmers are…

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Zimbabwe to pay displaced, foreign white farmers

1 month ago·United States

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allAfrica

Zimbabwe Begins Compensation of Bippa Protected Ex-White Farmers With U.S.$20 Million Set Aside in 2024 National Budget

FINANCE and Investment Promotion Minister, Mthuli Ncube has announced the beginning of compensation payments to farmers under the US$20 million facility set aside in the 2024 National Budget.

1 month ago·South Africa

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The Zambian Observer

Why Zimbabwe Paid White Farmers US$20 Million Compensation For Land Reform Seizures – All The Details - The Zambian Observer

Why Zimbabwe Is Paying White Farmers US$20 Million – ExplainedThe Zimbabwean government has begun compensating farmers affected by the 2000 Land Reform Programme. The payments, totalling US$20 million, are part of a commitment to honour Bilateral Investment Protection and Promotion Agreements (BIPPAs). Finance Minister Professor Mthuli Ncube confirmed the development, stating: “I am pleased to […] The post Why Zimbabwe Paid White Farmers US$20 M…

1 month ago·Zambia

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reportfocusnews.com

Zim Begins Compensates BIPPA-Protected White Farmers

HARARE- Zimbabwe has commenced compensation payments to farmers and investors affected by the country’s Land Reform Program in 2000, as part of a US$20 million facility allocated in the 2024 National Budget. Finance and Investment Promotion Minister Mthuli Ncube confirmed the payments, targeting farmers protected under Bilateral Investment Protection and Promotion Agreement (BIPPA). The affected claimants include investors from Denmark, Germany,…

1 month ago

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Zimbabwe News Now

Zimbabwe starts paying compensation for seized land which was under BIPPA - Zimbabwe News Now

HARARE – The government says it has begun paying compensation in respect of 94 seized farms that were under Bilateral Investment Protection Agreements (BIPPAS) when it launched the country’s controversial land reform programme starting. In an update on Tuesday, finance minister Mthuli Ncube said out of the US$146 million owed to farmers in total, US$20 million will be paid this year while the balance will be covered over the next four years. “I …

1 month ago

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theZimbabweNewsLive

Zimbabwe Begins Compensation of Former Landowners Under BIPPA Agreements

Harare, Zimbabwe – The Zimbabwean government has officially begun compensating former landowners whose farms were seized during the Fast-track Land Reform Programme of the early 2000s. The compensation applies exclusively to landowners protected under Bilateral Investment Protection and Promotion Agreements (BIPPAs), as part of Zimbabwe’s Arrears Clearance and Debt Resolution Process. Read more on Zimbabwe’s land reform policies Compensation Pay…

1 month ago

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