, Columnist
South Africa’s Land Problem Won’t Go Away
Investors are right to be worried about agricultural reform. They’re wrong about the reasons.
Apartheid still casts a shadow.
Photographer: Rodger Bosch/AFP/Getty ImagesThis article is for subscribers only.
Even though South Africa’s ruling African National Congress party is not in favor of expropriating white farmers’ land as was done in neighboring Zimbabwe, investors are right to worry about the ANC’s land-reform deliberations. The fundamental problem that’s causing them will not go away by itself.