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This is Big News for Zimbabwe.99-year leases, offer letters and permits to be replaced by 'bankable and transferable' new land tenure system.
Zimbabwe’s government announced a major shift to its land policy on Tuesday, allowing beneficiaries of its land reforms to sell or transfer their farms – but only to “indigenous Zimbabweans.”
Ministers speaking after a meeting of the cabinet in Harare said the new policy was aimed at “unlocking value.”
All farmers who benefited from land reforms launched in 2000 will now be issued with a “bankable, registrable and transferable document of tenure,” said information minister Jenfan Muswere.
He said the government was simultaneously putting an “indefinite moratorium on the issuance of any new 99-year leases or permits for agricultural land.”
So what does this mean for you if you were given land or want to buy some of that land? Lets talk about it rigfht here.
