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 THE NEWSROOM
The Money Show’s Bruce Whitfield interviews Khokhela Consulting MD Laurence Grubb.
South Africa’s repo rate remains unchanged at 6.75%. Bruce Whitfield interviews Nedbank economist Busisiwe Radebe.
For centuries it had abundant water supplies. That's over. Bruce Whitfield interviews Future Water Institute’s Dr Kevin Winter.
The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis.
Naspers constitutes a whopping 20% of the Top 40 index. Bruce Whitfield interviews Personal Financial Advisor Warren Ingram.
The Money Show’s Bruce Whitfield interviews Red and Yellow Creative School of Business Chairperson Rob Stokes.
A woman mistakenly shared a naked photo of herself on a parent Whatsapp group and now it's gone viral.
The Level 6B water restrictions will come to effect on 1 February and residents are asked to use only 50 litres of water per day.
Harsher punitive tariffs on the cards as 'Day Zero' becomes a reality as the result of 60% of Capetonians who ignore water limits.
Loo Me is a simple yet effective scented foam that takes the yuck out of "mellowing" toilets preventing multiple flushes.