BUSINESS DAY TV: ‘Land reform is vital but must not lead to uncertainty’
Theo Boshoff is the head of legal intelligence at Agbiz. BUSINESS DAY TV: Land redistribution is being stepped up a notch with a new bill proposing limitations on land ownership in the country. The Regulation of Agricultural Land Holdings Bill was published last Friday, and stakeholders have until mid-April to submit their comments. If the bill is promulgated, foreigners will be banned from buying farm land but will be able to enter into long-term leases. Joining us with the implications of the bill is Theo Boshoff, he heads up the legal intelligence business at Agbiz. Theo ... so it seems pretty reasonable that foreigners are given long-term leases because is it desirable to have foreign ownership of productive land? THEO BOSHOFF: It’s certainly not unprecedented. If you look at economies and especially emerging market economies across the world, they do place limitations on foreign land ownership. Something that is just very important to note as well is that a perception is being ...
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