Beneficiaries of Zimbabwe’s land reform programme will now have to pay rent to compensate the white farmers who were dispossessed of the land. Those who default risk losing the land. Lands Minister Douglas Mombeshora said the new farmers will pay$3 per hectare a year and a unit tax of $2 a hectare a year. “Cabinet last week approved payment of a land rental by all the beneficiaries of the land reform programme and the Ministry of Lands and Rural Resettlement will not only collect the land rental from A1 and A2 farmers, but the ministry will also be responsible for collecting unit tax,’’ Mombeshora was quoted by The Herald as saying. “Collection of the land rental will start this year, definitely, and we are currently busy working on the mechanisms of how the money will be collected.”
(330 VIEWS)
The gazetting into law of the payment of quarterly taxes on a 50-50 basis in…
Zimbabwe has today unveiled a ZiG276.4 billion budget for 2025 during which it expects the…
Zimbabwe President Emmerson Mnangagwa has repeatedly stated that he is not going to contest a…
The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…
An Indian think tank has described Starlink, a satellite internet service provider which recently entered…
Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…