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.
The iPhone, Ebay and Facebook, we all know these killer applications but what about their very similar predecessors that flopped.
The Money Show’s Bruce Whitfield interviews the advertising expert about the best and worst new advertisements.
The Money Show’s Bruce Whitfield interviews Curro Holdings CEO Andries Greyling.
The Money Show’s Bruce Whitfield interviews Personal Finance Journalist Maya Fischer-French.
Struggling to make ends meet? Bruce Whitfield interviews Nokwethu Khojane, cofounder of group buying company Lakheni.
The Money Show’s Bruce Whitfield interviews Logan Attorneys Consumer Law Specialist Stephen Logan.
"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.
Makhabane says Ncwane was feeling weak yesterday and his wife phoned paramedics to check on him.
The Clothing Bank gives women access to discounted merchandise and 500 hours of training in money management and business skills.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?
The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.