Some of the dispossessed farmers were from countries such as Germany, Netherlands and Switzerland whose properties were protected by investment treaties between Harare and the Western countries.
The group, representing nearly 4,500 dispossessed commercial farmers, said the new regulations only affect ‘’indigenous’’ farmers and foreigners protected by Bilateral Investment Treaties (BITs).
The dispossessed farmers covered in the land compensation scheme are citizens of countries that have bilateral investment agreements with Zimbabwe.
Cabinet in Zimbabwe has approved the ratification of the COMESA-EAC-SADC Tripartite Free Trade Area (TFTA).
Zimbabwe should ramp up value addition and beneficiation of its products beforehand, says official.
The ICSID has rejected Zimbabwe’s application to annul an US$195 million award to a German family whose property was expropriated under the controversial land reform programme.
Government has opened consultations with industry on rules of origin (RoO) for the ambitious African Continental Free Trade Area (AfCFTA) aimed at promoting duty-free flow of goods and services originating in the bloc.
Zimbabwe is still seeking to have annulled two Awards issued by a tribunal of the ICSID. The disputes concern the government’s expropriation of timber plantations which were first established by Rhodes’ BSAC.
On 29 July 1918, the British judiciary proffered the Empire’s most expressly and egregiously racist justification for the land dispossession of indigenous peoples. Today, an ICSID tribunal continues that mission. No matter which way Zimbabwean’s turn at the polls, they’re still paying for their invasion and occupation by Cecil Rhodes’ British South Africa company...
Zimbabwe is in breach of two arbitral awards totalling USD 240 million, after it missed a deadline to pay investors whose land was seized as part of the government’s racially motivated land reforms.
THE government of Zimbabwe is working on putting in place the requisite legal framework that will see the country fully implementing the Economic Partnership Agreement (EPA) with the European Union.
In an award issued July 28, 2015 but only published February 2016, a tribunal at the International Centre for Settlement of Investment Disputes (ICSID) ordered Zimbabwe to return farms it seized without compensation in 2005.
Several countries have offered to create free-trade zones with the Eurasian Economic Union including Zimbabwe, Jordan, Syria, Mongolia and Albania.
Government has signed 54 Bilateral Investment Protection and Promotion Agreements (BIPPA) that are now at various stages of completion as it moves towards injecting more pace in the country’s economic growth, a Cabinet minister has said.
A governernment official has warned Zanu PF supporters against invading commercial farms covered under Bilateral Investment Promotion and Protection Agreements (Bippas) with foreign governments
Zimbabwe will soon be allowed to sell its goods to the European Union (EU) without paying tariffs and quotas, the clearest indication yet that the relationship between the EU and the southern African nation is thawing.
News that German ambassador Hans Gnodtke has warned his country might pull out of the United Nations World Tourism Organisation General Assembly due to be held in Victoria Falls later this year if government does not guarantee protection of its nationals must be a worrying development for Zimbabwean Tourism minister Walter Mzembi who has worked hard to make the event a success.
Permanent Secretary in the ministry, Desire Sibanda on Thursday said following the success of investment road shows carried out last year, government was optimistic of concluding more BIPPAs with several investor countries.
After 3 years and 8 months, Zimbabwe has admitted financial liability on illegal farm invasions and forthwith issued a statement that they are ceasing all farm invasions on properties protected by bilateral investment treaties.
Zimbabwe and Russia are today expected to sign a proposed Bilateral Investment Promotion and Protection Agreement in a move expected to enhance investment and trade relations between the countries