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Foreign land ban won't hit investment - ministers

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Trade and Industry Minister Rob Davies. (Duncan Alfreds, News24)
Trade and Industry Minister Rob Davies. (Duncan Alfreds, News24)

Cape Town - Cabinet is still to decide whether the announced ban on foreign land ownership will apply to all categories of land, Tourism Minister Derek Hanekom said on Sunday.

"In many countries they make a distinction between agricultural and urban land," the former land minister told reporters in Cape Town.

"So these are some of the details that are still being fleshed out by cabinet, it is to say what exactly is going to be put in place to give effect to this decision."

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