Government’s bill for land restitution skyrockets to R12?billion, but where’s the money?

2010-08-17 00:00

SOUTH Africa’s land reform process is a ticking time bomb for the national fiscus and a source of unnecessary tension, says Inkatha Freedom Party MP Narend Singh.

Singh is a member of the standing committee on appropriations. In a press statement, he said the country risks instability over the land issue because the government is struggling to finalise the land process.

The acting chief land claims commissioner, Sibusiso Gamede, appeared before the committee last Wednesday and disclosed that the government has committed itself to billions of rands worth of land sale agreements although it does not have the money to cover them, Singh said.

The committee discovered that the government has signed sales agreements committing to buy land for restitution in the amount of R7,5 billion which has since skyrocketed to R12 billion.

In addition, the government has been forced, through court orders, to pay out R500 million to land owners.

Four thousand claims, which were lodged as far back as December 1998, still need to be researched, considered and gazetted.

Singh said the poor management of the land reform process has created unnecessary uncertainty, anguish, tension and huge financial losses for land owners and prospective claimants alike, which poses a serious risk to South Africa’s national security.

“More importantly, the failure to deal with land reform effectively will also have a devastating impact on food production and security in future,” Singh added.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/News

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.