• FULL mini budget speech

    Read the full mini budget speech delivered by Finance Minister Pravin Gordhan.

  • #FeesMustFall reporting

    What are the real issues and whose voices are being suppressed by social media, asks Solly Moeng.

  • Matchmaker businesses

    Multisided platforms can create huge value for society and fortunes for entrepreneurs, says Ian Mann.

All data is delayed
See More

Land reform remains important for transformation - Zuma

Feb 11 2016 21:03
Jenna Etheridge, News24

Cape Town – Around 120 000 new land claims had been received as of December, President Jacob Zuma said during his State of the Nation Address on Thursday.

This was since the reopening of the process for those who missed the 1998 deadline, he said.

"Land reform remains an important factor as we pursue transformation."

Zuma reminded the nation that he spoke this time last year of a Bill that would place a ceiling on land ownership at 12 000 hectares. 

It would also prohibit foreign nationals from owning land, allowing long-term leases instead.

The president said this draft Bill would be presented to Cabinet in the first semester of this year.

He also spoke last year of a policy which proposed relative rights for people who lived and worked on farms.

Twenty-seven proposals had been received from commercial farmers, and four were being implemented in the Eastern Cape and the Free State.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest. 24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.


Company Snapshot

Money Clinic

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

Voting Booth

Do you use all your downloaded apps on your smartphone?

Previous results · Suggest a vote