$17bn lost due to land reform

$17bn lost due to land reform
Published: 10 May 2018
Zimbabwe has lost nearly $17billion in agricultural exports and production to land evasions since 2000, independent economist John Robertson has said.

This disclosure comes as President Emmerson Mnangagwa's government has been desperate to revive the sector through a cocktail of measures, including revision of land ownership laws, expansion of productive agriculture and recalling white former commercial farmers displaced during the chaotic agrarian reforms.

"To calculate the total loss incurred by the country… the $16,9 billion worth of production lost would only be the start (and) Zimbabwe became a net importer … from 1998 as most of the food-processing companies reduced output, then closed down when commercial farming suppliers went down," Robertson said.

- Fin Gaz
Tags: Land,


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