Govt spends N$2.3bn to buy 558 farms

Ellanie Smit
ELLANIE SMIT

WINDHOEK

The government has spent N$2.3 billion on the acquisition of 558 farms measuring 3.4 million hectares to resettle landless Namibians to date.

The government started the land reform programme in 1990 with the aim of acquiring five million hectares of land by this year.

Land reform deputy minister Anna Shiweda says if farm prices were based on the productivity of the land offered, they could have bought much more land with the N$2.3 billion.

She says the land reform programme was one of the main objectives of the liberation struggle.

According to her the inequality among Namibians is rooted in access to and ownership of land.

That is why the government organised the first national land conference in 1991, shortly after independence, she says.

“Four years after the first land conference, the Agricultural (Commercial) Land Reform Act of 1995 was promulgated. As described by the High Court of Namibia this Act is a product of an intensive effort by the Namibian government to address the need for land reform.”

This Act was complemented six years later by the promulgation of the Communal Land Reform Act buttressing the government’s effort to continue with its land reform drive and to provide for communal land reform.

Prices rise

“At the beginning, farm offers were not forthcoming, which caused allocated funds to be returned to Treasury. As such, government amended the Agricultural Commercial Land Reform Act to introduce a right of first refusal in favour of government, meaning that whenever a farm is placed on the market it must first be offered to the government.”

Shiweda said after that the market changed into a seller’s market with market price escalation.

“If the prices were based on productivity of the land being offered, we could have accomplished much more in our land reform programme with the N$2.3 billion spent thus far. Instead, we have actually paid more and more for less and less land.”

She says the ministry is reviewing its land reform programme, in particular assessing the possibility of extending the flexible land tenure concept to resettlement beneficiaries to improve their tenure security.

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Namibian Sun 2024-05-04

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Premier League: Luton Town 1 vs 1 Everton | Chelsea 2 vs 0 Tottenham Hotspur LaLiga: Getafe 0 vs 2 Athletic Club SerieA: Torino 0 vs 0 Bologna Katima Mulilo: 13° | 32° Rundu: 12° | 31° Eenhana: 14° | 33° Oshakati: 15° | 32° Ruacana: 16° | 33° Tsumeb: 15° | 30° Otjiwarongo: 13° | 29° Omaruru: 12° | 31° Windhoek: 12° | 27° Gobabis: 15° | 28° Henties Bay: 15° | 21° Wind speed: 28km/h, Wind direction: S, Low tide: 06:39, High tide: 12:59, Low Tide: 18:48, High tide: 01:14 Swakopmund: 15° | 17° Wind speed: 34km/h, Wind direction: S, Low tide: 06:37, High tide: 12:57, Low Tide: 18:46, High tide: 01:12 Walvis Bay: 16° | 24° Wind speed: 39km/h, Wind direction: S, Low tide: 06:37, High tide: 12:56, Low Tide: 18:46, High tide: 01:11 Rehoboth: 13° | 28° Mariental: 16° | 31° Keetmanshoop: 16° | 31° Aranos: 14° | 29° Lüderitz: 15° | 27° Ariamsvlei: 15° | 32° Oranjemund: 13° | 22° Luanda: 24° | 28° Gaborone: 14° | 28° Lubumbashi: 12° | 26° Mbabane: 14° | 30° Maseru: 10° | 24° Antananarivo: 11° | 23° Lilongwe: 15° | 28° Maputo: 18° | 31° Windhoek: 12° | 27° Cape Town: 14° | 19° Durban: 19° | 26° Johannesburg: 15° | 25° Dar es Salaam: 22° | 28° Lusaka: 15° | 28° Harare: 13° | 28° Currency: GBP to NAD 23.17 | EUR to NAD 19.9 | CNY to NAD 2.54 | USD to NAD 18.5 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.67 | ZWL to NAD 0.04 | BRL to NAD 3.64 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.95 | USD to AOA 834.06 | USD to BWP 13.64 | USD to EGP 47.9 | USD to KES 133.98 | USD to NGN 1379 | USD to ZAR 18.5 | USD to ZMW 27.1 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 76428.31 Up +0.50% | Namibian Stock Exchange (NSX) Overall Index 1700.24 Up +0.45% | Casablanca Stock Exchange (CSE) MASI 13403.47 Up +0.61% | Egyptian Exchange (EGX) 30 Index 26113.71 Up +6.81% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - 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