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article imageExpropriate 50% of all farms, plans ANC government

By Matthew Hendricks     Apr 7, 2014 in Business
In a leftist move some have called phantoms of Zimbabwe, the South African ANC government has proposed a plan to expropriate half of every commercial farm and handing it over to farm workers.
According to mg.co.za, the plan stipulates that every farm owner will only retain 50 percent of their farm, while the other 50 percent is handed to the farm workers.
The state will not pay the owner for expropriating half his land, but instead pay an amount into a trust aimed at investing in and developing the farm for the stakeholders.
Farm workers get shares in the farm based on the number of years of service and the basis of their contribution in the development of the farm, says mg.co.za.
Critics of the plan claim it is unconstitutional, unworkable, will destroy food security leading to famine, and lead to disinvestment in the agriculture sector.
Rapport.co.za, claiming to be in possession of a document entitled "Final Policy Proposals for Strengthening the Relative Rights of People Working the Land," called the plan "phantoms of Zimbabwe."
Citypress.co.za reports that according to the document, these radical moves are designed to put into practice the conditions of the ANC's Communist-based "Freedom Charter."
More about Anc, South Africa, Farms, expropriate, Agriculture
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