Johannesburg | Reuters — South Africa’s parliament on Thursday approved a bill allowing state expropriations of land to redress racial disparities in land ownership, an emotive issue two decades after the end of apartheid. Most of South Africa’s land remains in white hands and many commercial and small-scale farmers are currently facing tough times because […] Read more
South Africa’s parliament approves land expropriation bill
Global markets: Brazilian and South African economies
CNS Canada — The following is a glance at the news moving markets globally. BRAZIL’S ECONOMY EXPECTED TO CONTRACT ONCE MORE — Brazil’s economy is expected to contract three per cent this year, according to the country’s Central Bank, which surpassed analyst’s expectations of 2.97 per cent. The newest projections are the most negative the […] Read more
S. Africa’s proposed ban on foreign land ownership aimed at farms
Johannesburg | Reuters — A South African government proposal to ban foreign nationals from owning land will apply to farms, not residential property, a government minister was quoted as saying Tuesday. In his State of the Nation address last week, President Jacob Zuma said foreigners would be barred from owning land and South African citizens […] Read more
Cyber-Savvy Farmer
