South African business confidence edges up in July ahead of Trump's 30% tariff
South Africa grain group says may challenge government land policy in court
2:10 CAT | 17 May 2016
Reuters / A farmer inspects the soil ahead of planting at a maize field in Wesselsbron, a small maize farming town in the Free State province of South Africa, January 13, 2016.
South Africa’s largest grain producers’ group may challenge government efforts to expropriate land for redistribution to blacks if the compensation offered falls below market prices, its chief executive said on Tuesday.
“If there is expropriation taking place without proper compensation then we would go to the Constitutional Court to get a ruling on that,” Jannie de Villiers, chief executive of Grain SA, told Reuters in an interview.
The ruling African National Congress party has brought an expropriation bill to parliament to let the state make compulsory purchases of land to redress racial disparities in land ownership. The bill has yet to be passed into law.
Source: Reuters
Show comments
Also read
Leave a Reply
Be the First to Comment!
You must be logged in to post a comment.
You must be logged in to post a comment.