Nedbank Capital head of Africa business Zhann Meyer referred to a number of recent acquisitions in the sector, concluding that "the livelihoods, ways of life and culture of millions of Africans are at risk".
Large scale privatization of state-owned agricultural lands in Georgia has the potential to trigger violence and social unrest of far graver consequences for investment – foreign and domestic – into the national economy than the notorious moratorium.
The returns on investments in South African farmland consistently outstrip those of local and international equities, bonds and real estate, says Futuregrowth Asset Management, the venture capital arm of Old Mutual.
BRICS states, except Russia, are enhancing and facilitating land grabs abroad in a way that is inconsistent with their proclamations of sustainable development, cooperation solidarity, and respect of national sovereignty.
The proposal to limit foreign farmland ownership in South Africa to a leasehold of a minimum of 30 years is not a sign of antagonism to foreign investment, says Rural Development and Land Reform Minister Gugile Nkwinti.