Zimbabwean President Emmerson Mnangagwa has introduced a new policy that permits beneficiaries of land acquired from white individuals during controversial land reforms to sell the land and utilize it as collateral for bank loans. This policy represents a significant shift in Zimbabwe's land regulations, as previously, resettled farmers were unable to transfer ownership of the land.
Under the new policy, land ownership can only be transferred among 'Indigenous Zimbabweans,' referring to Black Zimbabweans, and necessitates government approval. This move comes after tens of thousands of Black individuals took over white-owned farms following land reforms initiated by former President Robert Mugabe in 2000, aimed at rectifying colonial injustices that concentrated fertile land in the hands of a few white individuals.
