BY STAFF REPORTER
The Zimbabwean government has announced that it will compensate farmers who lost their land and property in farm seizures more than 20 years ago.
Finance Minister Mthuli Ncube says that $20 million (more than R300 million) will be paid to 94 claimants from Denmark, Germany, Netherlands, Switzerland and Yugoslavia before the end of this year.
Ncube says, “The bigger debt is with the former farm owners in terms of the Global Compensation of R5 billion and also that is the arrangement we negotiated that this year we should pay $35 billion and in terms of our budget envelope we had $20 million reserved for farmers. So both payments will start in earnest, this is multi-year programmes. It is not just for one year. So every year we have an allocation.”
SOURCE: SABC NEWS