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Inside a new deal to compensate white former farmers, Finance Minister Mthuli Ncube is showing his lofty ambitions for Kuvimba, the resources company that was controversially handed multiple state mining assets. Zimbabwe in 2020 agreed to pay US$3.5 billion to the farmers for improvements on the land, but not for the land itself, in a…
ZIMBABWE will mortgage platinum mining royalties to pay US$3.5 billion in compensation to white farmers whose land was expropriated by the government, moving
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Kuvimba Mining House has paid out US$5.2 million in dividends to shareholders, less than a year after bringing some of the country’s biggest mining assets under its wing with government support. From white former farmers, the insurance regulator, and Government, the shareholders that lined up to receive their dividend cheques today represent a broad range...
A commercial farmer was removed from his land on Friday, a month after President Emmerson Mnangagwa promised a US$8.5-billion package for local farmers to boost production and grow the economy.