13 October 2015
Organisation says uncertainty over property ownership with have dire consequences for economy
By Stefan Pieterse
50/50 land policy bodes draconian consequences for SA economy
If landowners are prepared to give up 50% of their land, it will only be a matter of time before the state will claim the other half. This is the response of the business rights watchdog AfriBusiness regarding the acceptance of the party’s new policy on land ownership.
Gugile Nkwinti, Minister of Rural Development and Land Reform, announced on Sunday after the ANC’s National Policy Conference that the governing party now formally endorsed the policy that farmers must cede 50% of their land to their workers.
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