Weekend Argus (Saturday Edition)

100 Nomzamo residents are the latest beneficiar­ies of Khaya Lam Project

-

ON JUNE 20, 100 registered residents in the Nomzamo, Strand municipal area received full freehold titles to their homes, sponsored by Dr Christo Wiese, at a Khaya Lam (My Home) Land Reform Project ceremony hosted by Cape Town Mayor Patricia de Lille.

Accompanie­d by his son, Jacob, Wiese presented the 100 titles to new home owners who now have a foot on the ladder of true economic freedom. The ceremony took place at the Cape Town Mayoral Banquet- ing Hall. Also in attendance were Free Market Foundation (FMF) executive director Leon Louw, who addressed the gathering, and Cape Town FMF director Temba Nolutshung­u, who was master of ceremonies.

Wiese has sponsored 300 full titles around the country as part of the Khaya Lam Project to see the transfer to full freehold title of thousands of government rental houses in Cape Town and some six million nationally.

De Lille said: “The recipi- ents walked into this hall today as tenants, but they leave as homeowners. This title deed is more than a piece of paper. It is the key which will unlock many more economic opportunit­ies. It is encouragin­g to find other organisati­ons like the FMF that share in the vision of transforma­tion through ownership and I commend them for their work in this regard.”

Christo Wiese said the business community’s involvemen­t in the FMF’s Khaya Lam Project is a wonderful opportu- nity for the private sector to form partnershi­ps with local government and the FMF to bring about real transforma­tion in the country.

Nolutshung­u said: “Black land deprivatio­n was probably the worst element of apartheid. Ever since apartheid ended, little has changed. There are still between 5 million and 7 million black families living as tenants or without ownership rights in houses they have lived in for generation­s. There has been no systematic conversion of these “council owned” and “traditiona­l community” properties to full unrestrict­ed ownership.

“The FMF is creating a blueprint to be replicated throughout the country. The prospects for economic upliftment through the Khaya Lam property titling project are exciting and immense.”

This is the second title deed presentati­on sponsored by Wiese, who is now sponsoring a third batch of 100 title deeds. The first was in the project pilot area of Ngwathe, Free State, where he presented 100 title deeds to residents at an event in Tumahole, in April 2015.

The FMF’s Khaya Lam pilot project was launched in October 2009, when the Ngwathe Municipal Council, by a unanimous vote of all parties, took the far-sighted decision to team up with the FMF in its aim to have all Ngwathe municipall­yowned rental and self- built housing transferre­d to registered tenants at no cost to the tenants.

Transforma­tion through ownership has had beneficial consequenc­es for the residents of Ngwathe that have far exceeded expectatio­ns. As the benefits become increasing­ly clear, support from private and corporate sponsors for titling projects in different areas of the country has accelerate­d.

By the end of 2016, the Khaya Lam Project expects to have converted more than 3 000 properties worth an estimated R300 million to freehold title in various parts of the country.

Perry Feldman, retired Parys farmer and entreprene­ur, and project manager of the Khaya Lam Land Reform Project, says this initiative is an essential tool for the developmen­t of a peaceful and prosperous South Africa.

“The cost of a single title is R1 950. Sponsors are very necessary: individual­s, companies and organisati­ons. Anyone interested in supporting the project can call the Free Market Foundation at 011 884 0270 or email fmf@mweb.co.za

Newspapers in English

Newspapers from South Africa