Streaming issues? Report here
CapeTalk logo 2017 1500 x 1500 CapeTalk logo 2017 1500 x 1500
Best of CapeTalk
22:00 - 00:00
volume_up
volume_mute

Up Next: Early Breakfast with Africa Melane
See full line-up
Best of CapeTalk
22:00 - 00:00
Home
arrow_forward
Business
fiber_manual_record
Politics

Govt to offer 500,000+ hectares of remaining state-owned farm land for lease

1 October 2020 7:34 PM
Tags:
Farming
Farmers
Agriculture
The Money Show
Bruce Whitfield
Land reform
Land redistribution
state-owned land
vacant land
Prof. Johann Kirsten
historic racial inequality

Land equating to 896 farms will become available in the next two weeks. But is this really land reform, asks Bruce Whitfield.

President Cyril Ramaphosa announced in February that government-owned land would be released to the public for farming purposes.

Since then, close to 20% (135,117 hectares) of the around 700,000 hectares allocated has been released to 275 farmers.

On Thursday, Minister Thoko Didiza (Agriculture, Land Reform and Rural Development) announced that the remaining land, equating to about 896 farms, will become available in the next two weeks.

Agriculture, wheat field. Image: Kai Pilger on Pixabay 

The government is offering a 30-year leasehold, with an option to buy.

Beneficiaries will undergo compulsory training which includes farming and financial management.

But this will involve a lot of capital, so is it really land reform? asks Bruce Whitfield on The Money Show.

He gets input from agricultural economics professor, Johann Kirsten (Director of the Bureau for Economic Research at Stellenbosch University).

This is a very important move, since the government has been acquiring a large number of farms over the years... This is very encouraging that they have started the process of dealing with land hunger by distributing the land the government already owns.

Prof. Johann Kirsten, Director - Bureau for Economic Research at SU

One caution - the leasehold is always problematic because it does not really provide access to the financial system for farmers... but if it is managed correctly, with a state development fund attached to it and a substantive support system, it can probably work.

Prof. Johann Kirsten, Director - Bureau for Economic Research at SU

But I would probably think that a shorter lease or a renewal period after three to four years where the option to buy actually kicks in and you get a draw down of the purchase sum of the lease money that you've paid [would be better].

Prof. Johann Kirsten, Director - Bureau for Economic Research at SU

Professor Kirsten also raises concerns around the "worrisome" bureaucratic processes outlined in the minister's statement.

Listen to this important discussion in the audio below:


This article first appeared on 702 : Govt to offer 500,000+ hectares of remaining state-owned farm land for lease


1 October 2020 7:34 PM
Tags:
Farming
Farmers
Agriculture
The Money Show
Bruce Whitfield
Land reform
Land redistribution
state-owned land
vacant land
Prof. Johann Kirsten
historic racial inequality

More from Business

online-viewingjpg

How feasible is getting giants like Netflix to 'collect' tv licenses for SABC?

20 October 2020 8:39 PM

Arthur Goldstuck on the SABC's licensing proposals - an attempt to get its hands into the new broadcasting 'cookie jar'.

Share this:
Read More arrow_forward

181016-picknpay-edjpg

Pick n Pay buys 'Bottles' delivery app after taking R2.8b knock in sales

20 October 2020 7:08 PM

CEO Richard Brasher discusses the knock Pick n Pay took during lockdown and why it's expanding its online offering.

Share this:
Read More arrow_forward

20180905_Markus Jooste4

JSE slaps Steinhoff with R13.5m fine for breaching listing requirements

20 October 2020 6:33 PM

The maximum penalty was imposed on the scandal-hit company, while criminal investigations are ongoing says JSE CEO Leila Fourie.

Share this:
Read More arrow_forward

Drive-in cinema 123rf 123rfbusiness 123rflifestyle

Drive-in movies return to Cape Town on Friday with 'Back to the Future'

20 October 2020 3:17 PM

Ticket prices start at R240 per car, allowing two passengers (R60 for each additional passenger). It’s free for kids under 12.

Share this:
Read More arrow_forward

City of Cape Town by night 123rf.com

Cape Town in 2024: Electricity – lots of it – with tariff hikes in line with CPI

20 October 2020 1:22 PM

"The blended price [Eskom and city-generated power] won't be a hell of a lot cheaper. But new plants will,” says Kadri Nassiep.

Share this:
Read More arrow_forward

building-access-boom-gate-complex-apartment-security-business-park-flat-entrance

Clock is ticking for property managers to comply with new data collection rules

20 October 2020 12:52 PM

Body corporates and property management firms have until 30 June 2021 to ensure that their record-keeping systems are in line with the new privacy laws in the Popi Act.

Share this:
Read More arrow_forward

ipad-widejpg

South Africans are still spending, though differently - and increasingly online

20 October 2020 12:02 PM

Consumer spending is holding up, but behaviour has changed – perhaps permanently, especially the move online.

Share this:
Read More arrow_forward

Netflix binge watching 123rf 123rflifestyle 123rfbusiness

SABC wants you to buy a TV license for your phone - even if you don't own a TV

20 October 2020 11:15 AM

It also wants Netflix, MultiChoice and other pay-tv operators to collect TV licenses on its behalf.

Share this:
Read More arrow_forward

Waterfront-Cape-Town-wheel-tourism-123rf

V&A Waterfront in survival mode: Hanging on for dear life until tourists return

20 October 2020 8:46 AM

"We’re well off our capacity," says Waterfront CEO David Green. "The last thing we want is to have the Waterfront full of holes."

Share this:
Read More arrow_forward

City of Cape Town by night 123rf.com

Bring back tourism! W Cape govt calls for 'red list' to be scrapped

20 October 2020 8:42 AM

Tim Harris says travel protocols need to be extended to international leisure travel to South Africa in a manageable way.

Share this:
Read More arrow_forward

More from Politics

170916grant-twigg-1jpg

DA metro chair hopeful posts victory speech ahead of elections

20 October 2020 6:07 PM

Incumbent Grant Twigg is being challenged for the position of DA metro chair by current Cape Town mayor Dan Plato.

Share this:
Read More arrow_forward

190118 Agrizzi2

If Agrizzi is really this sick, NPA could lose potential State witness - Wiener

20 October 2020 2:16 PM

Angelo Agrizzi's lawyer claims doctors spent the night trying to stabilise his client. Author and journo Mandy Wiener says the NPA could potentially lose a key State witness.

Share this:
Read More arrow_forward

Kataza in Tokai

BTT minutes: Baboon management protocols must change 'to speed up euthanasia'

20 October 2020 11:15 AM

The minutes of a 2017 Baboon Technical Team meeting reveal iCWild's Justin O’Riain argued all male baboons will be 'raiders.'

Share this:
Read More arrow_forward

Rush hour traffic cars highway 123rftraffic 123rf

Extra R100 levy on all traffic fines is a 'stealth tax' says AA

20 October 2020 11:03 AM

Did you know that in terms of the AARTO Act draft regulations you will pay an additional R100 on every traffic fine you receive?

Share this:
Read More arrow_forward

Car driving through pothole 123rf

40k potholes across the city, but 'nothing sinister' about which get fixed first

20 October 2020 10:00 AM

Mayco member for Transport Felicity Purchase outlines plan to repair these and says the repairs are being spread across the city.

Share this:
Read More arrow_forward

191213 Floyd Shivambu2

VBS Mutual Bank: 'Floyd Shivambu faces real prospect of being arrested'

19 October 2020 8:01 PM

Bruce Whitfield interviews amaBhungane investigative journalist Dewald van Rensburg about his new book, "VBS: A Dream Defrauded".

Share this:
Read More arrow_forward

Zuma

Amnesty for State Capture: 'It’s an inherently bad idea' Or, is it?

19 October 2020 7:03 PM

Advocate Thuli Madonsela has set a cat among the pigeons with her idea. Richard Calland (UCT Public Law) is not impressed.

Share this:
Read More arrow_forward

fire-truckjpg

Fire Chief says 'call-out' tactic was used to ambush fire crew in Kraaifontein

19 October 2020 1:09 PM

Cape Town Fire Chief Ian Schnetler advocates against arming emergency crews as it will cause them to be targeted even more.

Share this:
Read More arrow_forward

Mkhize

Health Minister Zweli Mkhize and wife test positive for Covid-19

19 October 2020 7:40 AM

Dr Mkhize tweeted on Sunday night that he had been feeling 'abnormally tired.'

Share this:
Read More arrow_forward

Former President Jacob Zuma at the state capture commission on 17 July 2019

'I have had enough' - Zuma on claim Zondo to probe children's bank accounts

17 October 2020 10:41 AM

Former president Jacob Zuma condemns the Zondo Commission's reported attempt to target his children as 'utter cowardice'.

Share this:
Read More arrow_forward