South Africa plan to seize land from white farmers will be ‘catastrophic and could lead to anarchy and food shortages like Venezuela or Zimbabwe’

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South Africa plan to seize land from white farmers will be ‘catastrophic and could lead to anarchy and food shortages like Venezuela or Zimbabwe’

Post by Didge on Thu Aug 02, 2018 7:09 pm

South Africa's white farmers have blasted the government's decision to endorse constitutional changes in order to speed up the redistribution of white-owned land to the country's poor black majority as 'catastrophic.'

On Tuesday night, President Cyril Ramaphosa said his ruling African National Congress party will push ahead with the amendment to allow for the expropriation of land without compensation.

More than two decades after the end of apartheid, whites still own most of South Africa's land and ownership remains a highly emotive subject.

Investors said Ramaphosa's speech was aimed at winning political points ahead of an election in mid-2019.

But experts have claimed the move will lead to dire consequences for the country akin to those suffered in Venezuela and Zimbabwe.

http://www.dailymail.co.uk/news/article-6019117/South-Africa-plan-seize-land-white-farmers-catastrophic.html

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Didge

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