Up to 90% of land reform projects are unsuccessful, according to ANC presidential hopeful and businessman Mathews Phosa He said internal conflict and a lack of skills were some of the factors that had contributed to this."You give me land. I have no skills. I have no capital. I only have an emotional joy towards the land‚" Phosa said on Thursday, on the sidelines of the annual congress of agricultural industry body AgriSA in Muldersdrift. Phosa was a guest speaker at the congress.President Jacob Zuma urged land claimants in his state of the nation address in February to take the land instead of the financial compensation."Over 90% of claims are currently settled through financial compensation, which does not help the process at all. It perpetuates dispossession. It also undermines economic empowerment‚" said Phosa.He said 70% of land in Limpopo that was returned is lying fallow. "It means you are losing jobs‚ you are losing your food security advantage‚ your global competitiveness‚ ...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now