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Mnangagwa returning 67 European-owned farms

by Staff reporter
3 hrs ago | 380 Views
Zimbabwe will return 67 farms previously seized during the country's controversial land reform programme to nationals from Denmark, Switzerland, Germany and the Netherlands, Agriculture Minister Anxious Masuka has confirmed, marking a significant policy shift as Harare intensifies efforts to normalise relations with Western nations and secure long-stalled debt relief.

Speaking to lawmakers this week, Masuka said the farms fall under bilateral investment protection agreements signed between Zimbabwe and the affected European countries, obliging the state to restore the properties as part of ongoing diplomatic and economic re-engagement efforts.

"We are in the process of returning those to them," he said.

The decision comes more than two decades after Zimbabwe began seizing white-owned commercial farms under the late former president Robert Mugabe in 2000. The government at the time argued that the programme was aimed at correcting colonial-era land ownership imbalances and resettling landless Black Zimbabweans.

However, the fast-track land reform programme severely disrupted commercial agriculture, contributing to a sharp decline in production, the collapse of export earnings, and a broader economic crisis that culminated in hyperinflation and currency instability in 2008.

Since taking office in 2017, President Emmerson Mnangagwa has pursued a policy of re-engagement with Western governments, many of which imposed sanctions on Zimbabwe following the land seizures and allegations of human rights violations. The return of the farms is widely viewed as part of that broader diplomatic reset.

Zimbabwe is currently seeking debt restructuring and arrears clearance, with foreign debt estimated at US$13.6 billion as of September 2025, of which US$7.7 billion is in arrears. International financial institutions and bilateral partners have consistently called for governance and property rights reforms as conditions for meaningful debt relief.

The country has also entered an IMF Staff-Monitored Programme, aimed at building a track record of economic reforms, although the arrangement does not include financial assistance.

In 2020, the government agreed a US$3.5 billion compensation framework with around 4,000 displaced white farmers, though implementation has been constrained by fiscal limitations.

The latest move signals renewed momentum in resolving long-standing land disputes that continue to shape Zimbabwe's economic diplomacy and its attempts to reintegrate into the global financial system.

Source - Reuters
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