People & News

Scrap land grabs

Temba Nolutshungu, respected Free Market Foundation director and a former Black Consciousness movement activist, has called the race-based policy and ANC resolutions on the matter "utterly despicable" and "repugnant", and says the country should focus attention on policies that will help fuel much-needed economic growth at 8%. Concern has also been raised by SAPOA that market prices might not be paid in the drive to redistribute one in three farms over the next five years. It also is at odds with the protection afforded to property owners in the Bill of Rights.

"Why?", asks Nolutshungu, "isn't [the government] giving away arable land? This would be preferable to interfering with large-scale farming, and the government has superfluous land at its disposal".

Article on RealEstateweb.co.za

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