Wandile Sihlobo: SA Govt. is hoarding 2,5 million hectares of land acquired under land redistribution

Loading player...
The South African government - under land redistribution - has acquired about 2.5 million hectares of land that has not yet been transferred. That is the figure given by Wandile Sihlobo, the Chief Economist of the Agricultural Business Chamber of South Africa, in this interview with BizNews. “That is in the government land holding account, as I speak with you. That land has not been transferred to Black South Africans with title deeds.” Sihlobo also releases the 2nd Quarter results of the Agribusiness Confidence Index that show there is still optimism in the South African agricultural sector.: https://www.agbiz.co.za/article/agbiz-idc-agribusiness-confidence-index-declines-mildly-in-q2-2025-498 He further debunks some of the myths and misconceptions around land reform and Expropriation Without Compensation (EWC). He comments on China planning to lower tariffs on a range of goods from African countries, and outlines ways to diversify export markets. Meanwhile, he is highly optimistic about the future of farming: “While some have portrayed the South African agricultural sector in the past few days and months as a sector that is under siege, it actually is not under siege…If anything, it is actually thriving… We are talking about a sector that has more than doubled in value and in volume terms since 1994.” Shilobo is the author of three books, “The Uncomfortable Truth About South Africa’s Agriculture (2025)”, “A Country of Two Agricultures: The Disparities, The Challenges, The Solutions (2023)” and “Finding Common Ground: Land, Equity and Agriculture (2020)”.
17 Jun 2025 9AM English South Africa Investing · Business News

Other recent episodes

Willem Els - Failed food court bomb attack could have killed and maimed many

Chilling details have emerged of a recent failed bomb attack in the packed Food Court of the Ballito Junction Regional Mall. The device was placed by a 15-year-old radicalised teen intent on committing mass killing, but it failed to explode. The FBI alerted The Hawks, but the bomb had already…
8 Jul 11AM 17 min

BN Daybreak: US strikes on Iran lift oil; NATO deals, SA auto subsidy; Farage quits

In today’s episode, we cover the surge in oil prices following US airstrikes on Iran. We also review $50 billion in new defense deals from the NATO summit in Turkey. Locally, experts unpack the DA’s internal credibility crisis and controversial cabinet appointments, alongside the reality of South Africa's R40 billion…
7 Jul 11PM 17 min

Solly Moeng on South Africa's corruption crisis

In his latest interview with Chris Steyn, Solly Moeng, blasts President Cyril Ramaphosa for his appointments of Ayanda Dlodlo as Ambassador to France and Dina Pule to Cabinet. “...the ANC still looks in its own dustbin of people they've thrown in the past to say, OK, maybe this one, people…
7 Jul 7AM 23 min