Article: Govt hails improvement on land reform

Government says in its Mid Term Review report, released on Friday, in overall at least 6.8 million hectares of land have been transferred to beneficiaries between 1994 and 2011, through its Land Acquisition and Redistribution Programme and the Land Restitution Programme.

This represents 27% of the target of transferring 24.5 million hectares by 2014.
 
So that's why they are after farms instead of saving, improving, maintaining dying towns which could benefit and house-fest a lot more people.

They want to meet a "political" target they sucked out of their thumbs. To the ANC farms = instant wealth and require no maintenance and knowledge of how to run it.
 
Wait... in 2 years time they want to have "transferred" more than double the amount of land they've managed to do in the last 17 years?
 
Government says in its Mid Term Review report, released on Friday, in overall at least 6.8 million hectares of land have been transferred to beneficiaries between 1994 and 2011, through its Land Acquisition and Redistribution Programme and the Land Restitution Programme.

This represents 27% of the target of transferring 24.5 million hectares by 2014.

Got these figures, via email, from the FW de Klerk Foundation:
De Klerk questioned ANC claims that property relations are still the same as they were before 1994. He pointed out that
• at least 35% of the country’s land is owned either by black South Africans or by the government;
• between 1993 and 2008 the white share of income had dropped from 54% to below 40%;
• between 1995 and 2009 the white share of the top 20% of income earners dropped from 47% to 32%.
• black South Africans own 28% of the shares in the top 100 companies that are available to South Africans.
• black, Coloured and Indian South Africans owned 56.2% of South Africa’s primary residential market - which is worth more than 2.3 trillion rand.”
• the black controlled government accounts for some 32% of the annual GDP. To this must be added 6% of GDP represented by state owned enterprises - and up to 10% of GDP that the informal sector is estimated to contribute.

De Klerk observed that “if one then considers that the government controls economic and fiscal policy, the claim that little has changed in economic relationships since 1994, is clearly wrong.” He conceded that the white share of the economy is still disproportionally large. “However, it is clear that it is declining significantly - and that it would have declined even faster if economic, labour and education policies had enabled more black South Africans to participate in the economy.”
 
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