Please note that you are using an outdated version of Internet Explorer which is not compatible with some elements of the site. We strongly urge you to update to a newer version for optimal browsing experience.

Govt to spend R2.7bn on land reform

18 May 2012

South Africa's Land Reform Programme is set to get more support from government, with the Rural Development and Land Reform Department having earmarked over R2 billion towards it for the 2012/13 financial year.

South Africa's Land Reform Programme is set to get more support from government, with the Rural Development and Land Reform Department having earmarked over R2 billion towards it for the 2012/13 financial year.

Delivering his budget vote speech on Wednesday, Minister Gugile Nkwinti said R2.7 billion had been set aside for this year to help increase South Africans' access to agricultural land. The department aims to create access to 320 000 hectares of agricultural land over this period.

Strategic support would be provided to 416 emerging farmers through the Recapitalisation and Development Programme (Recap) in addition to the existing 595 farms currently being supported at a cost of R1. 2billion.

Nkwinti said work would commence in revitalising eight irrigation schemes in the former homelands. The irrigation schemes are Ncora and Keiskamma Hoek (Eastern Cape); Taung (North West); Vaalharts, (Northern Cape); Nkomazi (Mpumalanga), and Tugela Ferry, Nsuze and Bululwane (KwaZulu-Natal).

"We will, also, this financial year, revive the Butterworth Abattoir and Tannery. This will propel the local communal livestock farmers into the red meat value chain," he said.

With the introduction of Recap, the minister said his department targeted 1 807 projects, adding that they had so far succeeded in assisting 595 projects.

"I am happy to report that of these projects, 11 have been successfully ushered into the red meat industry and each has a real equity in the red meat value chain," he said.

However, Nkwinti said there were challenges facing both Land Acquisition and the Recapitalisation and Development Programme.

"In addressing these challenges, we are working closely with representatives of organised agriculture, agri-business chamber and land reform beneficiaries, who have been organised into a National Reference Group," he said.- BuaNews

Print Print
Top Articles
Over 40% of wealthy South Africans own homes in estates. From Val de Vie in Paarl to Zimbali in KZN and Steyn City in Gauteng, here's the list and what you'll pay...

Rental rates have gone up in the Swaziland market due to a significant number of expatriates, mostly South Africans, working on various infrastructural projects.

Clouds End and Villa Fiori are sought after estates in Morningside, and offer unique homes close to amenities and schools, with prices ranging from R12m to R45m.

Loading

Your browser is out of date!

It looks like you are using an outdated version of Internet Explorer.

If you are using Internet Explorer 8 or higher, please verify that your Internet Explorer compatibility view settings are not enabled.

For the best browsing experience, update to the latest Version of Internet Explorer or try out Google Chrome or Mozilla Firefox.


Please contact our Property24 Support Team for further assistance. Tel. +27 (0)861 111 724