Foreigners with farms over 12 000ha must sell
Author: Donwald Pressly
Foreigners with land holdings above the proposed cap of 12 000 hectares will – once the land holdings bill is signed into law – need to sell any excess agricultural holdings, said Minister of Rural Development and Land Affairs Gugile Nkwinti on Tuesday.
Nkwinti, responding to a question at a briefing of economic cluster ministers to journalists at parliament about whether foreigners who own 60 000ha would be forced to sell excess holdings, said the law would apply equally to both South Africans “and non-South Africans”.
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