Willing buyer, willing seller policy out – ANC
The ANC has reaffirmed its intention of replacing the "willing buyer, willing seller" land redistribution policy.
"There was a very strong call for the removal of willing buyer as a policy [in 2005]... and [at] subsequent ANC conferences in 2007 and 2012 that matter came up sharply again," ANC national executive committee member Thoko Didiza told reporters.
She was speaking on Sunday at a briefing held on the sidelines of the party's National General Council in Midrand, Johannesburg.
"What we noted in that respect is that the Property Valuation Act of 2014, introduced by the Department of Land and Rural Development, will indeed replace such a policy area which was of concern."
This will ensure that there is just and equitable redress as stated in the Constitution.
The Act would regulate the valuation of property identified for land reform as well as property that was identified for acquisition or disposal by the department.
President Jacob Zuma announced in July that as of August 1 the Property Valuation Act of 2014 would come into operation.
Comments
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation