Article

2020-07-30 Africa Subsaharan

Zimbabwe signs billion-dollar deal to repay white farmers

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Besoeker 2020-07-30 07:22|| || Front Page|| [2 views ] Top

#1 And a billion dollars will buy you a coffee without sugar.

Posted by European Conservative 2020-07-30 07:37|| 2020-07-30 07:37|| Front Page Top

#2 They're getting hungry and hoping for returning farmers. I doubt they find many. Return to Wakanda? It's been too long, people have started over elsewhere. Smith said they could not govern themselves and it would end in disaster. It surely did. The same story is playing out here as well.

Posted by Besoeker 2020-07-30 07:44|| 2020-07-30 07:44|| Front Page Top

#3 compensation is not for the land but for infrastructure such as wells, irrigation equipment and buildings

the farmers will be part of a "joint resource mobilization committee" tasked with raising the money

So they are raising taxes on farming to pay for infrastructure improvement. Doesn't read like reparations.

Posted by Skidmark 2020-07-30 07:48|| 2020-07-30 07:48|| Front Page Top

#4 Somewhat knowing the situation, would be surprised if this actually comes to fruition. Signing something into law and then actually doing it seems to be foreign to their mentality. Similar situation here, but not quite as egregious.

And besides, there would be the 'Administrative Fees' to deduct.

Posted by Mullah Richard 2020-07-30 10:48|| 2020-07-30 10:48|| Front Page Top

#5 Does this include the dead white farmers also?

Posted by SteveS 2020-07-30 14:03|| 2020-07-30 14:03|| Front Page Top

#6 Yes, they get taxed too.

Posted by Skidmark 2020-07-30 15:14|| 2020-07-30 15:14|| Front Page Top

#7 The value of the check mailed to your new foreign home wouldn't cover the postage.

Posted by ed in texas 2020-07-30 17:29|| 2020-07-30 17:29|| Front Page Top

#8 Had to look it up.

$1 in Zimbob Bucks = about $2.76 million $US

That is, $1 US = about $362 Zimbob Bucks

According to XE, and that looks up to date, that bill dude is flashing about the banana market is just over $138,000.

If the article means $1billion US, that is
$361,900,000,000,000 Zimbob Bucks.

Posted by swksvolFF 2020-07-30 18:26|| 2020-07-30 18:26|| Front Page Top

23:30 Besoeker
23:28 Raj
23:27 Besoeker
23:15 trailing wife
23:14 trailing wife
23:01 ChrisInFtWorth
23:00 SteveS
22:32 James
22:28 Clem
22:24 Clem
22:18 swksvolFF
22:17 James
22:15 James
22:12 CrazyFool
22:11 James
22:11 swksvolFF
22:10 trailing wife
22:10 Procopius2k
22:02 swksvolFF
22:02 gorb
22:00 gorb
21:58 gorb
21:58 Seeking Cure For Ignorance
21:57 gorb