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South Africa Seeks Ban on Foreigners Buying Agricultural Land

  • Bill proposes long leases for foreigners, minority holdings
  • Government is seeking to accelerate transfer of land ownership

South Africa has proposed a new law banning foreigners directly buying agricultural land in the country as the government seeks to boost ownership for the black majority.

Non-residents will be allowed to take long leases on the properties or the land should be majority owned by a black South African, according to the Regulation of Agricultural Land Holdings Bill, published in the Government Gazette on Friday. The proposal is open for public comment until April 17.