Minister says new policy proposal will put the restriction of foreign land ownership in South Africa back on the table, as foreigners are buying lands "three times faster" than government is acquiring for redistribution and restitution
A new land deal allowing South African farmers to produce livestock, milk and fruit in Libya has been put on hold pending the finalisation of an investment protection agreement between the two countries.
The much-discussed Congo land-lease, granting 200,000 hectares to South African farmers with a further 10 million hectares in the balance, appears to mark a departure from the usual terms underpinning foreign acquisition of fertile land by multinationals
Sime Darby Bhd, which owns 220,000ha of oil palm estates in Liberia, plans to strengthen its presence on the African continent and is eyeing more land in Cameroon, Congo and South Africa. The expansion is part of a long-term strategy to double planted areas to one million hectares and be nearer to the growing markets of Europe and the US.