Latest news

South Africa Grain Farmers Want Land-Ownership Cap Plan Cut

24 March 2015

By  Andre Janse van Vuuren and Tshepiso Mokhema

South Africa’s proposal to cap the amount of land deeds an individual may hold will affect food production and it should consider alternative ways to remedy racial inequality in ownership, the biggest grains lobby said.

President Jacob Zuma in February introduced the Regulation of Land Holdings Bill as a way to redress economic disparities between whites and blacks that were created under apartheid rule. It proposes to limit the area of land anyone can hold to 12,000 hectares (29,652 acres), or two title deeds. Excess land will be bought and redistributed and the limit will be applied retrospectively.

Read the full article from Bloomberg.

Leave a Reply

%d bloggers like this: