Cape Town - The latest proposals on land reform in President Jacob Zuma's State of the Nation address show an increasing tendency toward higher state involvement, according to Sanisha Packirisamy, an economist at Momentum.
These proposals include pilot projects for farmland redistribution and an attempt to ban new foreign ownership of farm land.
"Traction on Project Phakisa, furthering initiatives in the mining and oil and gas sectors, amongst others, bodes well, but funding for large-scale infrastructure projects in line with the National Development Plan (NDP) remains questionable," explained Packirisamy.