After President Ramaphosa told the House in Parliament on Thursday not to panic over land expropriation without compensation and also warning that the government would not tolerate land grabs, he was backed by the National House of Traditional Leaders on this.
Kgoshi Malesela Dikgale House of Tradition Leaders in Limpopo, said they wanted this motion to be executed urgently. He noted that in South Africa, there were 4million white people who own 72% of the land, 4.9million coloureds who own 16% of the land, 1.6million Indians who own 5% of the land and 45 milliom blacks with 4% ownership of the land. Dikgale said this was skewed ownership pattern and needed to be addressed.
The adoption of this motion by the Parliament had instilled both hope and fear in people but President Ramaphosa said that the people should not fear as the Land Reform Programme will be handled with care and smash-and-grab of land in our country will not be allowed
Land Reform might rectify some of the injustices of the past but the financial cost in doing so is huge as this will result in investors pulling out, which will result in the Rand weakening against foreign currencies, and the expropriation of land without compensation would put at risk the R160billion in loans taken out with banks by the Farmers. So is the Land Expropriation without compensation truly the way to go???
The state decides and we accept. Black people have always been exploited, but let's hope that this didn't affect only black people as this is a democratic country.
ReplyDeleteThe only way it can work is if they buy shares in successful white farms and let the farmers do what they do best , giving farms to people who dont know what they doing in the highly competitive and scientific modern agricultural sector has and will never work . it will take multiple generations to train and establish black commercial farmers ,historically they have only managed subsistence agri production,its a multi disciplinary business practice in a complex and hostile market environment that has been formed by some of the brightest and best over multiple generations,to expect emerging farmers to compete with this level of expertise and barriers to entry is wishfull thinking
ReplyDeleteBut also land expropriation without compensation the only way to redistribute land to black South African.
ReplyDeleteThe core issue facing the upcoming black farmers is currently is their lack of access to capital
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