Farmers must give a quarter of their farms for BEE

Die Vryburger

Farmers must give a quarter of their farms for BEE - Image - Die Vryburger

The recent announcement by the government that the Code for Black Economic Empowerment be adjusted so that at least a quarter of each farm should be black owned in the future if products are supplied to the government has specific effects on smaller farms with a turnover of R10 million and R50 million.

It was published in a Government Gazette during December 2017.

“TAU SA is convinced that food does not have color, and as a result, members of the union produce food to all consumers in the country and even to residents of our neighboring states without imposing conditions,” said Mr. Louis Meintjes, the president of TAU SA. “We are outspoken advocates of the free market system and the recognition of private ownership and, consequently, we believe that this provision implies certain compulsion on individual entrepreneurs regarding their preferred economic choice and right to association that directly interfere with both Act 18 as well as Act 22 of the Constitution.”

Read the original article in Afrikaans on Die Vryburger

South Africa Today – South Africa News

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