04 June 2015
By Ray Mahlaka
As South Africa looks to limit land ownership by foreign nationals and locals.
The Department of Rural Development and Land Reform is aiming for the controversial Regulation of Land Holdings Bill, which looks to ban land ownership by foreign nationals, to be submitted to Parliament by August to test its constitutionality.
This follows the announcement of the bill in February, making further provisions for reducing land ownership by foreign nationals to leaseholds for a minimum of 30 years.
Read the full article from Moneyweb.