Eric Naki
Political Editor
2 minute read
25 Nov 2019
6:10 am

Rushing land reform could just stall it, warns NGO

Eric Naki

NGO says it is crucial that a fund is created to finance transaction advisory and other post-settlement support services to attract private investment into the programme.

Picture: Shutterstock

Rushing land reform for political expediency will cause the process to stall, a land development funding and investment leader has warned. Land reform topped discussions at the African Agri Investment Indaba held in Cape Town, attended by more than 700 delegates, including bankers financiers, investors, project owners, developers and commercial farmers, as well as the agro and food processing industry. The three-day meeting also deliberated on disruptions in agriculture, trade wars and African Continental Free Trade (ACFTA). Peter Setou, chief executive of the Vumelana Advisory Fund, a nonprofit organisation that helps beneficiaries of the land reform programme to achieve profitability...