Zim needs $40m to compensate white farmers

06 November 18 minutes ago

According to NewsDay, speaking before the land portfolio committee last week, finance ministry director Peter Mudzamiri said they had received only $20m from government despite asking for $40m which would have enabled them to pay at least 50 former white farmers in the 2019 financial year.

"We only got $20 million, but the $40 million that we bid for was just an estimate looking at how many farmers we are going to pay. Our focus here is that we are looking at paying 50 former farmers in 2019," Mudzamiri was quoted as saying.

Zimbabwe's land and agricultural ministry is reportedly seeking $40m to compensate former white farmers, with the government promising to pay half of the amount.

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Source: 
News24

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