More than two decades after White farmers had their farms seized in the country.
Zimbabwe’s finance minister said he’s making progress in resolving a more than two-decade impasse with White farmers who had their farms forcibly seized, a development that saw the country incur sanctions hastening an economic collapse.
While the government hasn’t been able to meet a $3.5 billion settlement it agreed with the about 4 000 farmers three years ago, some have now agreed to be repaid in government Treasury bonds, Mthuli Ncube said in an online briefing on Thursday. He gave no further details. Settling the impasse with the farmers is key to the government resolving one of the stumbling blocks to resolving how to deal with the nation’s $18 billion of external debt.
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