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Zimbabwe is proposing changing the terms of a $3.5bn compensation deal signed with white former farmers two years ago, after twice missing agreed-to payments.
HARARE (Bloomberg) Zimbabwe is proposing changing the terms of a $3.5 billion compensation deal signed with former White farmers two years ago, after twice missing agreed-to payments. The revised plan was part of Finance Minister Mthuli Ncube budget presented on Thursday at the new Chinese-built Parliament building north of the capital, Harare. According to…
Fresh bid to salvage Zimbabwe land compensation deal thezimbabwemail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thezimbabwemail.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Zimbabwe will likely again miss a payment of $1.75 billion it pledged to make to White farmers evicted from their land two decades ago.
Under the so-called Global Compensation Deed, signed in 2020, the farmers would receive a total $3.