White farmers raise alarms after South Africa begins redistributing land to Blacks
Last week, African National Congress (ANC) chairman Gwede Mantashe announced that South Africa’s white farming community could have it taken from them without compensation after some disputed the prices the government offered for the land.
According to Express, now some experts are trying scare the government away from the plan by arguing it could lead the country towards hyperinflation much like a similar program was argued to lead Zimbabwe toward hyperinflation in 2000. Under Zimbabwe president Robert Mugabe’s execution, giving large swaths of land to formerly landless Black Zimbabweans and those with whom he maintained good political connections was followed by a decline in production.
However, according to Agri SA and the Agricultural Business Chamber, the fear of economic disruption is overblown. After Deputy President David Mabuza and ANC Treasurer-General Paul Mashatile met with them in Johannesburg to discuss agrarian reform and farm property, Omri van Zyl, Agri SA’s executive director, said the meeting “sets a foundation for a lasting partnership with the aim to sustainably transform and grow agriculture… Our focus will remain on negotiating for tangible benefits for producers.”
Land access is a persistent symbol of inequality resulting from the long struggle against apartheid. President Cyril Ramaphosa and the Agri SA President Dan Kriek were also scheduled to meet on Tuesday in Cape Town, according to Bloomberg.