Wednesday, September 5, 2018

South Africa racks up two quarters in a row of negative GDP growth under land-grabber Cyril Ramaphosa, new president since February

Ramaphosa's domestic policy is centered around "land reform", i.e. seizing land without compensation. Apparently production is already suffering because farmers are convinced there's no point to going on any longer.


A RECORD number of white South African farmers have put their land up for sale amid fears the ruling party is considering confiscating properties bigger than 25,000 acres.

By SIMON OSBORNE
PUBLISHED: 07:03, Mon, Aug 20, 2018
UPDATED: 07:26, Mon, Aug 20, 2018

Omri van Zyl, head of the Agri SA union, which represents mainly white commercial farmers, said: “The mood among our members is very solemn. They are confused about the lack of any apparent strategy from the government and many are panicking. So many farms are up for sale, more than we’ve ever had, but no one is buying.” ... Agri SA said about 20 per cent of South Africa’s farms produce 80 per cent of the food that feeds millions of people in southern Africa, and many of those properties would be affected by a 25,000-acre cap.