The ANC has succumbed to pressure from the EFF.— Omri van Zyl, Agri SA
If this goes through it will, literally, ruin our economy.— Omri van Zyl, Agri SA
People don’t want to farm anymore; it’s too risky and dangerous.— Omri van Zyl, Agri SA
Expropriating land without compensation is an economic time bomb.
So said Agri SA CEO Omri van Zyl, following the ANC resolution to amend the Constitution to allow for it.
The ANC hasn’t given a timeline for the amendment, saying the proposal must be tested first.
The Money Show’s Bruce Whitfield interviewed Van Zyl.
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
A third of the money borrowed from banks in South Africa is borrowed against the asset value of farms.— Omri van Zyl, Agri SA
Government sits on 49% of the most fertile land in South Africa.— Omri van Zyl, Agri SA
We’re pro-land reform... but 99% of lands redistributed are not working…— Omri van Zyl, Agri SA
We must take a good look at what the next generation wants…— Omri van Zyl, Agri SA
You can transfer 100% of the land now; tomorrow we’ll be completely food insecure – and the economy will collapse.— Omri van Zyl, Agri SA
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
The Money Show’s Bruce Whitfield interviews Wits University Professor of International Relations John Stremlau.
"I will still gladly bet my life on the quality of our product," says Pratley Group CEO Kim Pratley.
The Money Show’s Bruce Whitfield interviews distinguished Africa correspondent Lee Kasumba, who is in Mozambique’s central city.
Ray White interviews Yiedi CEO Jayshree Naidoo about the special challenges female entrepreneurs face and how to prepare for them.
Ray White talks to personal finance guru Warren Ingram, who reckons women should take financial planning more seriously than men.
Ray White interviews Andreas Horak, Associate Director at PwC.
Employees of the start-up media house are angered for not receiving salaries as promised at the end of June.
Nene asked unions representing Eskom workers to provide ideas to fund wage increases after negotiations with Eskom deadlocked.
Founder of Herenya Capital Advisors, Petri Redelinghuys, explains how the embattled Steinhoff managed to double its share price in 5 days
The new Home Affairs upgrades to the system include printing parents details at the back of the child's passport.
The UK’s Food Standards Agency issued an advisory, claiming that Rolkem failed to confirm that their ingredients were safe to eat.
The Panorama, Welgelegen and Plattekloof Neighbourhood Watch has identified a new house break-in trend.
These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.