State pays KZN farmers R800m for land

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Government has finally admitted the Valuer-General undervalued land belonging to 20 farmers in KZN by almost half of their worth. The farmers are set to receive a total R805m for their land, while Valuer-General had previously determined an amount of R420m

The department of land reform and rural development has reached a settlement with landowners from Melmoth in KwaZulu-Natal in terms of which price to be paid for the land will be substantially more than that determined by government through government policy.The Valuer-General had previously determined an amount of R420 million in terms of government’s formula for what constitutes reasonable compensation for land that is acquired for land reform.

Bertus van der Merwe, an attorney from Cox and Partners in Vryheid, which has been representing the farmers for the past two years, said there was a turnaround in government’s attitude after Thoko Didiza took over from Maite Nkoana-Mashabane as minister of agriculture, land reform and rural development.

“The Valuer-General’s formula is draconic and infringes on all established principles of value determination that are applied worldwide,” he said.

 

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