Agri­cul­ture is key to SA's eco­nomic growth

Vuk'uzenzele - - Soona 2018 - More Mat­shediso

Pres­i­dent Cyril Ramaphosa said gov­ern­ment will ac­cel­er­ate the land re­dis­tri­bu­tion pro­gramme to re­dress his­tor­i­cal in­jus­tice, to bring more pro­duc­ers into the agri­cul­tural sec­tor and to make more land avail­able for cul­ti­va­tion.

“Guided by the res­o­lu­tions of the 54th Na­tional Con­fer­ence of the gov­ern­ing party, this ap­proach will in­clude the ex­pro­pri­a­tion of land with­out com­pen­sa­tion,” said Pres­i­dent Ramaphosa.

He said gov­ern­ment is de­ter­mined that ex­pro­pri­a­tion with­out com­pen­sa­tion should be im­ple­mented in a way that in­creases agri­cul­tural pro­duc­tion, im­proves food se­cu­rity and en­sures that the land is re­turned to those from whom it was taken un­der colo­nial­ism res­o­lu­tion.

“We make a spe­cial call on fi­nan­cial in­sti­tu­tions to part­ner with it in mo­bil­is­ing re­sources to ac­cel­er­ate the land re­dis­tri­bu­tion pro­gramme as in­creased in­vest­ment will be needed in this sec­tor,” the Pres­i­dent said.

He said agri­cul­ture presents one of the great­est op­por­tu­ni­ties to sig­nif­i­cantly grow South Africa’s econ­omy and to cre­ate jobs.

Agri­cul­ture made the largest con­tri­bu­tion by a sig­nif­i­cant mar­gin to the im­proved growth of the coun­try’s econ­omy in the sec­ond and third quar­ters of 2017.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.