Mugabe's successor Emmerson Mnangagwa, pictured above, said the Wednesday deal was 'historic in many respects'
Daily Mail/AFP: Zimbabwe offers £2.7 billion compensation to 4,500 white farmers whose land was seized under Robert Mugabe
* Zimbabwe on Wednesday signed a compensation agreement with white farmers
* Their land was seized over 20 years ago under country's controversial reforms
* Compensation is for built structures including farmhouses, irrigation systems
Zimbabwe on Wednesday signed a US$3.5 billion compensation agreement with white farmers whose land was seized over 20 years ago under the country's controversial reforms.
Then president Robert Mugabe forcibly took more than 4,000 farms from the country's 4,500 white large-scale commercial farmers.
The compensation is for built structures including farmhouses and irrigation systems on the farms which were redistributed to landless blacks.
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Update: Zimbabwe signs billion-dollar deal to repay white farmers (AP)
WNU Editor: What a cruel joke. The Zimbabwean President says that this commitment 'brings closure and a new beginning in the history of the land discourse in Zimbabwe'. No it does not. The commitment for compensation is a measly $75,000/farm. And there is no money on the table. The money has to be raised by the farmers themselves from international sources?!?!?!? That may make sense to the Zombabwean government and their supporters, but to me that is insane. This is why Zimbabwe is a disaster. Former President Mugabe was a monster, but the people who now run the country are just as incompetent.
