Data provided by iNet BFA
Loading...
See More

Working class lose out on SA's land

Feb 19 2013 20:30 Sapa

Related Articles

SA speeds up land reform

Law to bar foreign ownership of SA farms

Willing buyer, willing seller principle to go

Land reform proposals to be implemented

Dept blamed for land tensions

Cosatu wants economic reform at Mangaung

 

Cape Town - The state owns 22% of the country's land with 78% of land parcels in private hands, Land Reform Minister Gugile Nkwinti said on Tuesday.

Nkwinti waved a copy of the outcome of the much-anticipated land audit in the air as he spoke on day one of the state of the nation debate, which took place in the National Assembly.

"We have completed the state and private land audit, and the statistics indicate that approximately 26 million ha is state land, and 96 million ha is privately owned," he said.

A breakdown of who owns the private land in terms of nationality and race was still outstanding.

"There is an institutional challenge, which will be resolved very soon," Nkwinti told MPs.

He outlined problems with the land redistribution process which had favoured white farmers.

"The state has paid twice as much for land for restitution, as it has paid for land for redistribution, because the state is a compelled buyer."

His statement comes after President Jacob Zuma committed to end the willing-buyer-willing-seller model during his address last week.

"The numbers clearly show who has benefited from the programme. The small, white, landed class has benefited R10.8bn from land acquired, while the 71 292 working class claimants benefited R6bn," Nkwinti said.

The land audit was commissioned to establish exactly how much land is owned by the state and the private sector, as well as how much of that land is owned by blacks.

It was hoped this figure would help government ensure that 30% of the estimated 82 million ha of agricultural land in South Africa "presumed to be in the hands of white commercial farmers", are transferred to blacks by next year.


Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

jacob zuma  |  gugile nkwinti  |  south africa  |  land
NEXT ON FIN24X

 
 
 

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
80 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

“Hippie sense makes business sense,” an entrepreneur said, adding that "purpose" was core to success.
 

Money Clinic

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