Friday, March 6, 2015

News -- South Africa takes a populist turn on land reform

Freedom’s bounty

The South African government proposes to prevent foreigners from buying farmland in South Africa as well as to restrict the size and number of farms that citizens may own. The act is supposed to right historical wrong from apartheid. Moreover, land holdings by citizens will be restricted to 12,000 hectares. The proposal will most likely unsettle South Africa’s commercial farmers, as well as foreign investors. There are also that such measure will undermine the commercial farming sector, a significant export-earner and employer.


Read more: I had a farm in Africa

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