AgriSA would like to reaffirm its commitment to private property rights and reiterate that it will employ all necessary resources to defend property rights and uphold the principles that support our farmers and the agricultural community at large.
“Private property rights are the primary basis on which South African agriculture is structured. Over the past few years, agriculture’s debt to GDP ratio is average around 50%, highlighting the importance of land as collateral in the financing of production. Consequently, any risk to upholding these fundamental rights holds grave implications for agricultural sustainability and food security. Therefore, AgriSA is committed to defending property values and rights and will utilize all necessary resources in consultation with legal experts to uphold these principles, says Johann Kotzé, Agri SA CEO.
“AgriSA has a long history of advocating for private property rights and its expansion to all new entrants. We call on government to urgently transfer the 2.5 million hectares of land it bought for redistribution purposes to further agricultural development and demonstrate its commitment to meaningful economic development.
Previously AgriSA commissioned an independent investigation into the macroeconomic impact assessment of a policy of land expropriation without compensation in South Africa.
“The GOPA Group South Africa (Pty) Ltd’s assessment reiterated AgriSA’s long-held conviction that fostering capital formation is interlinked with private property rights and is subsequently a crucial prerequisite for economic development, job creation, and growth,” says Kotzé.
“While supporting the need for transformation and land reform in the agricultural sector, AgriSA emphasizes that it must not come at the expense of the economy and investor confidence, added Kotzé.
The organization remains dedicated to protecting private property rights and fostering the growth and stability of South Africa’s agricultural sector while ensuring food security for all.
For further information or media inquiries, please contact:
Johann Kotzé, AgriSA HUB
079 523 5767
