• The mp3 revolution

    Ian Mann takes a look at the war between digital music and the compact disc.

  • Don't take us for fools

    It's time for businesses to stop thinking consumers are gullible, says Mandi Smallhorne.

  • Losing the plot

    Parastatal leaders have lost focus of what they're supposed to do, says Nonkululeko Gobodo.

All data is delayed
See More

Revamp to land reform unveiled soon

Aug 25 2011 13:26
Cape Town - The long awaited green paper on land reform will be released next week, senior land reform official Sunday Ogunronbi said on Thursday.

Responding to questions at a media briefing in Pretoria, following Cabinet's fortnightly meeting on Wednesday, he told journalists the document did not propose that foreigners could not own land in South Africa.

"The green paper covers the foreign ownership question to an extent. The intention is to develop a full policy position on (this). Cabinet... will be proposing a law in the next few months.

"We are not saying that foreigners will not be able to access South African land, we are only saying that the conditions under which non-South Africans own land will be regulated."

Ogunronbi said South Africa was one of the very few countries in the world that did not have such regulations.

On when the green paper would be tabled, he said: "We are very optimistic we will release (it) next week".

On a possible land "ceiling" or a restriction on the amount of land an individual could own, he said there was a proposal in the green paper to "explore the possibilities" of this.

In this regard, there was a "mixed bag" of options, but "no blanket restriction, no blanket specification of the quantity, and we're not saying that in all cases this will be applied".

It was a possibility in the policy options.

"We have not said anything in relation to land ceiling or quantity restrictions on the basis of race, or black or white."

On proposals in the green paper on land ownership, he said this involved a "four-tiered system", involving different scenarios for specific areas of the country.

"The kind of obligations and conditions we're talking about will be instances where there is a foreign interest in agricultural land - which is a concern not just in South Africa, but across the world.

"So (for example) ... we are expecting to be able to say to a foreigner intending to purchase agricultural land... that he may need to partner with a South African in specific cases," he said.

land claims  |  economy  |  agriculture


Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The 25 basis points interest rate increase is:

Previous results · Suggest a vote