News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Submit content

My Account

Advertise with us

Zimbabwe offers longer leases to white farmers

Zimbabwe has announced that white farmers still in business after controversial land reforms will be able to obtain 99-year leases, signalling a new government approach to the key agricultural sector. President Emmerson Mnangagwa, who replaced the ousted Robert Mugabe in November, has vowed to revive the moribund economy, boost investment and create employment after years of decline.
AlexAgri via
AlexAgri via pixabay

The agriculture ministry directed "all remaining white farmers be issued with 99-year leases instead of five as per previous arrangements," according to a statement seen by AFP on Wednesday.

Thousands of white farmers were forced off their land by violent mobs or evicted, with Mugabe saying the reforms would help black people marginalised under British colonial rule. Critics blame the land redistribution, which began in 2000, for the collapse in agricultural production that saw the former regional breadbasket become a perennial food importer.

Mnangagwa, a former Mugabe ally who came to power following a military intervention, has pledged to compensate farmers who lost their properties but said they would not be given their land back.

Ben Gilpin, director of the Commercial Farmers' Union, reacted cautiously to the policy announcement. "We have seen the letter and we are seeking clarification," he told AFP. "People have gone to various offices and there hasn't been a uniform response."

The CFU says there are about 200 white farmers remaining in Zimbabwe.

Source: AFP

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za
Let's do Biz