On May 7, Zimbabwe’s Agriculture Minister Anxious Masuka announced in parliament that the government would return 67 farms seized during the country’s land reform programme to European nationals from Denmark, Germany, the Netherlands and Switzerland. The farms, he said, were protected under bilateral investment protection agreements signed between Zimbabwe and the four European states before the land seizures.The measure forms part of President Emmerson Mnangagwa’s effort to restore relations with Western governments and international financial institutions after more than two decades of crisis, sanctions, isolation and debt default linked in part to the fast-track land reform programme of the early 2000s.Zimbabwe is trying to restructure about $11.7bn in external debt, including $7.7bn owed to multilateral and bilateral creditors. On May 20, the International Monetary Fund approved a staff-monitored programme to support reforms and debt restructuring.Resolving disputes linked to land reform has become central to that re-engagement process. In July 2020, Zimbabwe signed a $3.5bn compensation agreement with former white commercial farmers for infrastructure and improvements on acquired land. Last year, it began compensating treaty-protected foreign farmers, including claimants from Germany, Switzerland and Belgium.But this development also exposes a deeper contradiction …
