Clarity on property rights needed to unlock investment, says agricultural body
An agricultural industry body has urged the government to provide clear policy guidance on land reform and property rights to unlock the full potential of the sector amid the fiscal constraints brought on by the Covid-19 crisis.
The sector, which contributes about 3% to GDP and is responsible for close to 900,000 jobs, has been hampered by policy uncertainty around land reform that has left investors jittery. The ANC is pushing for expropriation of land without compensation to tackle skewed land ownership patterns dating back to apartheid and colonial eras. Parliament recently re-established the ad hoc committee to look into the contentious issue, and it has until December 31 to conclude its work...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
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.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.