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Zimbabwe Signs $3.5B Compensation Deal With White Farmers

Zimbabwe Signs $3.5B Compensation Deal With White Farmers

Live TVLive RadioEnglishEastern & Central EuropeEurasiaCentral AsiaSouth AsiaEast & Southeast AsiaAfricaMiddle East/North AfricaLatin AmericaJuly 29, 2020 01:17 PMHARARE - Zimbabwe's government signed a $3.5 billion agreement Wednesday to compensate white farmers displaced during a sometimes-violent land redistribution program two decades ago. The government hopes the deal will attract foreign investment to improve the battered economy, but the country will have to issue long-term bonds and get help from donors to raise the money for the compensation.Andrew Pascoe, the...

August 2, 2020
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Zimbabwe to sell hunting rights for endangered elephants | CNN

Zimbabwe to sell hunting rights for endangered elephants | CNN

By , CNNLink Copied!Ad Feedback — Zimbabwe will “soon” start selling rights to shoot as many as 500 elephants this year, the country announced this week.Tinashe Farawo, a spokesman for the Zimbabwe Parks and Wildlife Management Authority, told CNN Thursday that declining tourism revenue owing to the coronavirus pandemic was among the main reasons for the move.“We eat what we kill,” Farawo said. “We have a budget of about $25 million for our operations which is raised – partly – through sports hunting, but you know tourism is as good as dead at the moment due to the coronavirus...

September 3, 2020
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