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Land debate... A discussion by Dr Litha Magingxa of the Land Bank

28 March 2018 8:30 PM
Tags:
Land Bank
Land expropriation without compensation
Land reform
Land expropriation bill
Land expropriation
Litha Magingxa

The Money Show’s Bruce Whitfield interviews Dr Litha Magingxa, Executive Manager for Agricultural Economics at the Land Bank.

On 20 December 2017 the ANC announced at their 54th National Conference that they will seek to amend Section 25 of the South African Constitution regarding property rights, if necessary, to implement land expropriation without compensation.

The Money Show’s Bruce Whitfield interviewed Dr Litha Magingxa, Executive Manager for Agricultural Economics and Advisory at the Land Bank.

Magingxa shared his opinion about the biggest points of discussion currently around the land question.

For more detail; listen to the interview in the audio below (and/or scroll down for quotes from it).

Do we really need to review this section of the Constitution? My view… there’s still quite a distance we need to go together… we’re still poles apart…

Dr Litha Magingxa, Land Bank

The land reform debate… has a long history in South Africa… different approaches have been tried… R50 billion has been spent so far…

Dr Litha Magingxa, Land Bank

This could’ve been dealt with… There’s a lot at stake.

Dr Litha Magingxa, Land Bank

It’s not about the numbers… of course, it’s important… but we are missing the big picture, which is addressing this long standing albatross on the neck of South Africa…

Dr Litha Magingxa, Land Bank

Where did we go wrong? …Support provided to beneficiaries has been inadequate…

Dr Litha Magingxa, Land Bank

We need to protect the agricultural sector in South Africa at all costs.

Dr Litha Magingxa, Land Bank

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28 March 2018 8:30 PM
Tags:
Land Bank
Land expropriation without compensation
Land reform
Land expropriation bill
Land expropriation
Litha Magingxa

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