Land reform not driving farm sales

Farms that are being put on the market in South Africa have more to do with financial challenges and the impact of droughts, rather than fear around land expropriation without compensation. That’s the view of agricultural economist Johann Bornman, who says statistics show a decline in the number of farm properties sold in the country last year. New mortgages granted for farms have also declined. Other agricultural economists shared similar views when questioned by Moneyweb this week on farm sales trends. Bornman, founder of Agri Development Solutions, says the number…

Read More