Zimbabwe agrees to pay US$3.5 bil compensation to white farmers

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Zimbabwe agrees to pay US$3.5 bil compensation to white farmers
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The firm has been operating in Hong Kong for several years despite not being legal there. FMTNews Zimbabwe

More than 4,000 farms were seized from 4,500 white large-scale commercial farmers.

The compensation is for built structures including farmhouses and irrigation systems on the farms which were redistributed to landless blacks. “We are determined that we achieve that. It’s also about pledges not necessarily about cash being put on the table. It’s about commitment.”

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