Zimbabwe agrees to pay $3.5 billion to compensate white farmers


After the country was sanctioned by the US, Zimbabwe has agreed to pay $3.5 billion in compensation to white farmers whose land had been expropriated under Robert Mugabe.

To raise the money, Zimbabwe will issue a long-term debt instrument on international capital markets, set to mature in 30 years.

While Zimbabwe said it is confident it will be able to raise the money, the cash-strapped country had to seek help from developmental partners.


Bank statement shows how Rhea Chakraborty transferred and spent Sushant Rajput’s money before his suicide