Wednesday, July 23, 2014

South Africa to block foreigners from buying land

CAPE TOWN, July 24 – South Africa’s government will forbid foreigners from buying land within five years, but will not expropriate those who already possess deeds, the land affairs minister said Wednesday. “The principle is that foreign nationals should not own land but should have a long-lease with a minimum of 30 years,” Gugile Nkwinti, […]

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