NEW: Zimbabwe plans to compensate farmers for seized land

Zimbabwe plans to start compensating mainly white farmers who lost their land and livelihoods during state- backed farm invasions that began in 2000 and triggered a near decade-long recession, the Finance Ministry said in a circular distributed to lawmakers.

Farmers may be compensated for “both land and improvements,” as well as for equipment acquired by the state during the often violent seizure of properties, according to the document that was submitted to parliament on Tuesday. If approved by the government, it would mark a major shift in policy. President Robert Mugabe previously said payments would be made only for investments in infrastructure such as dams, roads and buildings on seized farms.


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