IPFS News Link • Property Rights
White farmers try to offload land in South Africa before it is seized from them
• http://www.dailymail.co.uk By Chris PleasanceUnion bosses in South Africa say record number of farms are up for sale
But nobody is willing to buy the land amid fears the government will seize it
There are fears investment will fall leading to job losses that may rob South Africa of the ability to feed itself
Game reserve owners say they are the first to be targeted for seizure after talks with government to buy land at a tenth of its value broke down
White farmers in South Africa are trying to flog their land as fears grow that the government is about to start a widespread campaign of seizures.
Union bosses say a record number of properties are for sale but nobody is buying, making the properties effectively worthless.
Agri SA union, which represents mainly white commercial farmers, has warned that such seizures will deter investment, cause job losses, and may rob South Africa of the ability to feed itself.