Question NW1691 to the Minister of Agriculture, Land Reform and Rural Development

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19 December 2019 - NW1691

Profile picture: Waters, Mr M

Waters, Mr M to ask the Minister of Agriculture, Land Reform and Rural Development

Whether the Government is negotiating with the banking sector to ensure that banks will be compensated for any loan(s) against a property that is expropriated; if not, what impact will this have on the economy; if so, what amount has been allocated to pay the banks as a result of the mooted expropriation without compensation and redistribution policy?

Reply:

No.

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