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