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.”
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