Government wants to ban foreigners from buying agricultural land.
It also wants to compel foreigners selling land to offer the Rural Development and Land Reform Minister the right of first refusal.
The Minister (Gugile Nkwinti) published the Regulation of Agricultural Land Holdings Bill on Friday, giving stakeholders until 16 April to comment.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
Foreign direct investment is very crucial.— Theo Boshoff, Agricultural Business Chamber
We’re in agreement with land reform, but we don’t think this Bill will be the best way to affect it.— Theo Boshoff, Agricultural Business Chamber
Compulsory right of first refusal works well in Namibia.— Theo Boshoff, Agricultural Business Chamber
The Bill makes provision for corporations. If a company is registered abroad it would be considered as a foreign person.— Theo Boshoff, Agricultural Business Chamber
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby NEWSROOM AI
Mind the generation gap! The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.
The Money Show’s Bruce Whitfield interviews David Shapiro, veteran stockbroker and Deputy Chairperson at Sasfin.
If you invested R7287 in March 2010 it would now be worth R34 billion! BILLION! You read that right. Warren Ingram has advice…
The Money Show’s Bruce Whitfield talks to Africa Connected host Lee Kasumba on the last day of her fact-finding mission in Kumasi.
Old Mutual personal finance expert Lizl Budhram offers a step-by-step guide to get your financial future right.
He may just be the world's biggest Madonna fan! Bruce Whitfield interviews Chauke for his weekly “ShapeShifter” feature.
He was punched in the face by a motorist last week and tracked the driver down for a meet-up, instead of laying charges.
The world now knows never to underestimate the athletic form of SA cricketer AB de Villiers after this gravity-defying catch.
Forcaster, Kumsa Masizana says a cut-off low resulting throughout most parts of the country.
It's time to dim the light, lie back, relax and enjoy a bit of one-on-one time - with yourself!
Another heist was carried out in Boksburg on Thursday morning and led to five people being arrested.
Paralympian Hendri Herbst will take Durbanville Hills to court after his guide dog was denied entry inside the restaurant in 2014.
The eradication of medical aid co-payments is one of a number of changes to the medical aid scheme proposed by Aaron Motsoaledi.
What's Gone Viral with Khabazela brings you tweets, posts and YouTube videos that have social media talking.