Zimbabwe’s finance minister stated he’s making progress in resolving a greater than two-decade deadlock with White farmers who had their farms forcibly seized, a growth that noticed the nation incur sanctions hastening an financial collapse.
Whereas the federal government hasn’t been in a position to meet a $3.5 billion (R66 billion) settlement it agreed with the about 4 000 farmers three years in the past, some have now agreed to be repaid in authorities Treasury bonds, Mthuli Ncube stated in a web-based briefing on Thursday. He gave no additional particulars.
Settling the deadlock with the farmers is essential to the federal government resolving one of many hindrances to resolving the best way to cope with the nation’s $18 billion (R340 billion) of exterior debt.
Learn Cathy Buckle’s common column on life in Zim.
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