Tag: agricultural land

For many South African farmers, a farm is more than an asset – it is a family legacy, a business and often the entirety of their net worth. However, when it comes to estate planning, one critical factor is often overlooked: liquidity. Without adequate liquid assets, heirs may encounter financial strain and operational challenges. In some cases, they may even be forced to sell the family farm to meet estate commitments.

When it comes to land expropriation in South Africa, you can’t help but think, it’s déjà vu all over again. How things went in Zimbabwe, when President Mugabe desperately resorted to a similar policy, is an important warning to consider.

When the democratically elected government took power in 1994, led by the ANC, three central elements of land policy were announced: land restitution, land redistribution and tenure reform. Land issues are being debated intensely and there are a number of interesting new developments: a new presidency of the ANC; a pending Restitution Amendment Act at present invalidated by the Constitutional Court; the High-Level Panel report to parliament; a new Communal Tenure Bill; and a land audit by AgriSA.