IMF demands that ANC clearly spell out land reform plans

Die Vryburger

IMF demands that ANC clearly spell out land reform plans. Photo: Die Vryburger
IMF demands that ANC clearly spell out land reform plans. Photo: Die Vryburger

The International Monetary Fund (IMF) requested the SA Government to clearly spell out its land reform plans. This must be done to eliminate uncertainty about investors’ sentiment.

If this does not send a clear message to Cyril Ramaphosa and the government, no message will convince them otherwise, economists say.

Foreign investors will not invest money in a country where property rights are taken without compensation.

Meanwhile, Kgalema Motlanthe also had his input around the issue in his statement that ‘all South Africans must have equal rights to land ownership’.

This means any citizen of the country is free to obtain land, but he or she must buy it and not steal it or receive it for free.

Read the original article in Afrikaans on Die Vryburger

South Africa Today – South Africa News

Related Post

Mazibuko’s discrimination and AA: FF Plus ta... The FF Plus has decided to take firm action against the Gauteng government after the recent racist statements toward white and Indian people made by F...
R8m theft: ‘Living Legends Legacy Programme&... A Trustee of the Living Legends Legacy Programme (LLLP), Themba Welcome Msomi (76), has been remanded in custody after he appeared in the Palm Ridge M...
NUM threatens as ANC plans to ‘unbundle̵... The NUM trade union is standing directly in the way of government's suggestion that Eskom should be "unbundled". Ramaphosa's assurance that worker...
South Africa’s disastrous debt: How will the... Look, this old country of ours is financially so crippled that it's not even true! The National debt has gone through the R3 trillion mark! Have yo...
Disclaimer: The views of authors published on South Africa Today are their own and do not necessarily represent the views of South Africa Today. By viewing, visiting, using, or interacting with, you are agreeing to all the provisions of the Terms of Use Policy and the Privacy Policy.