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Theo de Jager Sept 2013

Land Reform What’s on the table?. Theo de Jager Sept 2013. Status quo ≠ option. Given:. Willing seller out Just & Equitable in. Market value - discounts. More limitations to ownership. Green paper/NAREG. “Deprivation”. Expropriation. Spatial development. Willing seller.

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Theo de Jager Sept 2013

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  1. Land Reform What’s on the table? Theo de Jager Sept 2013

  2. Status quo ≠ option

  3. Given: Willing seller out Just & Equitable in Market value - discounts More limitations to ownership

  4. Green paper/NAREG “Deprivation” Expropriation Spatial development Willing seller

  5. Alternatives NPC/Zuma plan State pay ½, farmers pay ½ You get BEE’ed They leave you alone

  6. Alternatives Buy land bonds - Finance land reform On longer term

  7. Alternatives Buy shares in transformed farms

  8. Alternatives Sell at 60% Long term lease

  9. Proposal: Those who want to do nothing Let them do nothing! Constitution will protect them Offer the others a menu: All above options

  10. Do nothing Be protected by Sec 25 NPC-proposal Land bonds Engage Buy shares Sell & lease

  11. But remember: 2014 is election year!

  12. “Never was anything great achieved without risk” -Machiavelli

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