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Land bill a danger to SA – DA

Author: Murray Williams

The DA has expressed “grave concern” about potential damage to the South African economy – if a new bill is passed restricting foreign ownership of land.

The Acquisition and Disposal of Land by Foreign Persons Bill is due to be presented before Parliament before the end of the year, the Weekend Argus reported on Sunday.

The assurance was given on Sunday that this would not include expropriation, said Mtobeli Mxotwa, spokesman for the Rural Development and Land Reform Minister Gugile Nkwinti.

But the bill could still contain far tighter restrictions on land purchase by foreigners, after the bill is thrashed out by the cabinet.

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