Zimbabwe government gives former white owned farms to Chinese farmers

Chinese farmers have taken over formerly white-owned farms for the first time, investing millions of pounds into tobacco production.

Farms that were badly managed for nearly 20 years, after Robert Mugabe’s mass seizure of white-owned land, are now being worked again in the hope of reaping a  potentially huge reward.

At least five farms have attracted Chinese investment in Mashonaland Central, a region to the north-west of Harare, that was traditionally one of the country’s best tobacco-producing areas.

Safe in the knowledge that Mr Mugabe’s policy of strengthening ties with China will offer a degree of protection, they have poured money into machinery and are taking advice from international experts.

China has become the largest investor in Zimbabwe, the economy of which is still reeling from the land seizures of 2000 and hyperinflation, has taken a nosedive once again.

Unemployment is running at about 90 per cent and the regime is so short of money that it cannot pay teachers or civil servants.

https://www.africametro.com/business/zimbabwe-govt-gives-former-white-owned-farms-chinese-farmers

 

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