Agri SA CEO Omri van Zyl says the expropriation bill put before parliament in 2016 would achieve the same land reform goals as expropriation without compensation, which President Cyril Ramaphosa says the government will push for. The bill, which is the product of lengthy negotiations, does away with the willing buyer, willing seller concept, has the support of AgriSA and its affiliates, will not require changes to the constitution and will not sink the economy, he says. Ex-president Jacob Zuma didn't sign it. "It's a better mechanism," says Van Zyl. He's not sure what the intended goal of expropriation without compensation is. If it's to boost agriculture, which Ramaphosa acknowledges is one of the biggest contributors to GDP, or to grow the economy and create jobs, which he has committed himself to, changing the constitution to allow expropriation without compensation makes no sense at all, says Van Zyl. Over the past three years, the agriculture sector has been one of the most buo...

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 or call 0860 52 52 00. Got a subscription voucher? Redeem it now