More than two decades after one of Africa’s most chaotic and violent land seizures shattered Zimbabwe’s agricultural economy and isolated the country from global investors, the government has begun returning dozens of foreign-owned farms confiscated during the Robert Mugabe era.

Zimbabwe said it will hand back 67 foreign-owned farms seized during the controversial land invasions of the early 2000s and pay $146 million in compensation to affected owners, in one of its clearest attempts yet to repair relations with international creditors and restore confidence in the country’s battered property rights system.

Anxious Masuka, the country’s Agriculture minister, told lawmakers the restitution programme covers properties belonging to nationals from Denmark, Germany, the Netherlands, Switzerland and the former Yugoslavia. Treasury records show the compensation package forms part of a broader effort to settle long-running claims stemming from the seizures.

The government also said it would return 840 farms owned by Black Zimbabweans and roughly 400 owned by White farmers, reopening painful national memories of a land redistribution campaign that transformed Zimbabwe from a regional agricultural powerhouse into an economic cautionary tale.

In 2000, then-President Robert Mugabe backed the often violent occupation of White-owned commercial farms by war veterans, youths and landless villagers, arguing the seizures were necessary to redress colonial-era land inequalities.

What followed was a wave of upheaval that reverberated far beyond Zimbabwe’s borders.

Several White farmers and hundreds of farm workers were killed during the invasions, while thousands more were driven off land many families had occupied for generations. Commercial agriculture — once the backbone of the economy — collapsed, food production plunged and Zimbabwe descended into years of hyperinflation, economic contraction and international isolation.

The land seizures triggered Western sanctions and devastated investor confidence, turning property rights into one of the defining fault lines in Zimbabwe’s relationship with global capital markets.

Seeking to end decades of financial estrangement, Zimbabwe agreed in 2020 to pay White commercial farmers $3.5 billion in compensation. But the government later revised the terms to include dollar-denominated bonds rather than full cash payments, prompting resistance from several affected farmers who rejected the proposal.

The latest restitution effort signals Harare’s intensifying push to convince investors and international lenders that the country is prepared to confront one of the most contentious chapters in its post-independence history.

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