
Zimbabwe Farmers Seek Trump's Help for Compensation
About this episode
Zimbabwean white farmers, displaced for decades, seek Trumps help in securing $3.5 billion compensation from the government. Despite Mnangagwas agreement, Zimbabwes debt has stalled full payment. A Washington lobby firm with Trump ties is pushing for debt clearance in exchange for settling farmers claims, highlighting the countrys mineral reserves. Farmers are divided, with some supporting lobbying efforts and others fearing potential sanctions.
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Global News Today | 2 Min News | The Daily News Now! — Zimbabwe Farmers Seek Trump's Help for Compensation. Machine-transcribed; use the interactive transcript above to jump the player to any line.
The latest international headlines, politics, and world affairs right here on Global News Today. White farmers in Zimbabwe displaced over 20 years ago during land seizures under Robert Mugabe are turning to President Donald Trump for help, securing $3.5 billion in promise compensation from the government. President Emerson Manangawa agreed to the payout in 2020 to cover farm improvements, but Zimbabwe's $23 billion debt has. Stalled full payment. Instead, officials offered 1% in cash plus 10-year treasury bonds with 2% interest. Many elderly ex-farmers have rejected the deal, saying they may not live to see the bonds mature. Only 17% of out 700 farms signed on, though those getting interest payments report they're mostly on time. Now, a Washington lobby firm with Trump ties, Mercury Public Affairs is pushing US officials in Congress to clear Zimbabwe's debts in exchange for. Settling the farmers claims,
they highlight the country's huge lithium and rare earth mineral reserves as a draw for American investment. Farmers are split some back to lobbying, others fear it could spark sanctions and hurt the economy. Meanwhile, Finance Minister Em'Tooly and Cube welcomes outside pressure to speed up payments as young wife farmers return to lease land and rebuild ties. A quick thank you to our sponsor of today's episode. Podcasts hit different when the sound comes from your pillow. Once you try it, it just makes sense. S-O-L-L-I-SOLY-PILLOW.COM
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