Britain welcomes Zimbabwe decision to give 99-year leases to white farmers

Britain has welcomed Zimbabwe’s decision to issue 99-year leases to white farmers, which ended Harare’s over a decade long policy of racial discrimination in agriculture, saying it was an ‘important signal to international investors.’ Former president Robert Mugabe’s government evicted more than 4 000 under a violent land redistribution exercise which started in 2000 and then only issued 99-year leases to black farmers while the remaining white farmers were issued 5-year leases.

Relations between Zimbabwe and IMF positive but…….

The International Monetary Fund (IMF) says its relationship with Zimbabwe is evolving in a positive way but notes that a ‘concerted international effort’ will be required to revive and reintegrate the southern African country’s struggling economy Last week, President Emmerson Mnangagwa and the IMF managing director Christine Lagarde met on the sidelines of the World Economic Forum in Davos, Switzerland, with the Bretton Woods body pledging support for reforms.