6 years ago
2
South Africa farm seizures BEGIN: Chaos as first expropriation of white-owned farms starts
Johannesburg-based newspaper City Press reported owners Akkerland Boerdery wanted 200 million rand (£16.7m) for the land, but that the country’s government were willing to offer them just a tenth of that at 20 million rand (£1.67m). A letter sent to the owners earlier this year had said: “Notice is hereby given that a terrain inspection will be held on the farms on April 5, 2018 at 10am in order to conduct an audit of the assets and a handover of the farm’s keys to the state.”
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Set aside this is a British tabloid chumming the waters with racially-charged third and fourth-hand hearsay because it sells. Let's ignore what appears to be a one-sided version, to the point of dishonesty, of an underlying story, if for no other reason than the subject of land reform in South Africa can be so easily cleaved along racial lines. All that agreed, this article is utter shite.
The Rand has devalued over 60% since 2012. That will look like a small drop compared to 2 years from now if this progresses.