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Zuma: Land ban only for farms

(Shutterstock) (Shutterstock)

19 February 2015


(Shutterstock) (Shutterstock)

(Shutterstock) (Shutterstock)

Cape Town – The government’s proposed ban on foreign land ownership will only apply to agricultural land, President Jacob Zuma said on Thursday.

Foreign nationals who plan to buy homes in South Africa will still be able to do so, as will foreign companies planning to purchase property, Zuma said in his response to the debate on his state-of-the-nation address.

Read the full article from fin24.

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