
Zimbabwe Issues Dollar Bonds to Compensate Ex-Farmers for Land Seizures
In a groundbreaking move, the Zimbabwean government has announced the issuance of dollar-denominated bonds aimed at compensating farmers who lost their land during the controversial land reform program initiated in the early 2000s. This extensive legal and financial initiative is set to provide restitution to thousands of former agricultural producers, who faced significant disruptions to their livelihoods following the government's takeover of white-owned farms.
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Zimbabwe's Major Financial Reform: Compensation for Ex-Farmers to Exceed $331 Million
In a landmark decision aimed at reshaping its financial responsibilities, the Zimbabwean government has announced that it will compensate former white farmers to the tune of $331 million. This significant move comes as part of an effort to address ongoing disputes over land reform that have caused economic turmoil in the nation for more than two decades.
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