Namibia plans to ban foreigners from owning agricultural land

TWITTER
FACEBOOK
Namibian President Hage Geingob (middle)
Bloomberg | 9 July 2015

Namibia plans to ban foreigners from owning agricultural land

by Chamwe Kaira

The Namibian government plans to pass a new land law that will ban foreigners from owning agricultural land, the country’s cabinet said.

In a situation where land owned by foreigners cannot be bought by the government, such land will have to be offered to Namibians, according to an e-mailed report by President Hage Geingob’s cabinet. “In the absence of a Namibian buyer, such land should be offered back to the state,” it said.

Foreigners will only be allowed to lease urban land and not buy it, the report said.
Original source: Bloomberg
TWITTER
FACEBOOK
TWITTER
FACEBOOK

1 Comments


  1. Melvin Foote
    11 Jul 2015

    I like the Namibian approach to development challenges. They are unwavering and very much revolutionary in how they address these problems!

Post a comment

Name

Email address (optional - if you want a reply)

Comment