The decision to abandon the willing-buyer, willing-seller approach to land reform was beginning to bear fruit, with the government saving R50m in 2016, while at the same time acquiring more land for redistribution purposes, Rural and Land Reform Minister Gugile Nkwinti said on Tuesday. Speaking during the state of the nation debate in Parliament, Nkwinti emphasised that the willing-buyer, willing-seller approach would no longer be used. The government would instead purchase land at the value determined by the valuer-general. This, he said, would prevent the government from paying higher costs and fast-track land reform. The government is under pressure to complete the land reform programme. In 2016, Parliament passed the Expropriation Bill, paving the way for the government to pay for land at a value determined by the valuer-general. The bill also allows for expropriation of land for the "public interest", ending the willing-buyer, willing-seller approach to land reform. Nkwinti sai...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.