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South African bank wants farmers to repay debt for property even if it's seized

By ethan / September 3, 2018

White farmers in South Africa will have to pay back their loan for property that could be expropriated under the land reform proposal that is currently being pushed by the ruling African National Congress (ANC). The controversial bill, allowing the government to confiscate lands from white farmers without compensation and redistribute them to the black […]

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IMF backs South Africa’s plan to confiscate land from white farmers

By ethan / August 31, 2018

The International Monetary Fund (IMF) approves of South Africa’s controversial land reform as long as the highly contentious process is “rules-based” and transparent, according to the fund’s representative in the country. Montfort Mlachila, the IMF’s senior resident representative in South Africa, said that the regulation must not damage agricultural output and put at risk food […]

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Trump gives US farmers $6bn in emergency relief to help weather trade war

By ethan / August 28, 2018

The US Department of Agriculture (USDA) has announced the first wave of financial assistance for the country’s farmers affected by the escalating trade war. The emergency plan, which consists of a “three-pronged approach,” will initially include about $ 6 billion in aid. According to the Trump administration, the initial aid will consist of about $ […]

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Mexican farmers accuse Volkswagen of altering the weather

By ethan / August 23, 2018

German automaker Volkswagen’s device to protect its new vehicles from hail storms has led to a dispute with local farmers in Mexico, who claim their crops are being damaged. The country’s farming communities have accused the manufacturer of “arbitrarily” provoking a drought in the central state of Puebla, where Volkswagen operates its largest car factory […]

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Rand sinks after Trump questions land confiscation from white farmers in South Africa

By ethan / August 23, 2018

The South African rand slumped almost two percent on Thursday, following US President Donald Trump’s tweet about the country’s land reforms. Trump’s comment raised fears about the possibility of US economic sanctions. The currency was trading at 14.22 per dollar as of 11:49 am in Johannesburg. Trump tweeted late on Wednesday that he would ask […]

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‘Panicking’ white farmers putting land up for sale in South Africa – report

By ethan / August 20, 2018

South Africa’s white farmers have been desperately trying to sell their lands at record pace ahead of planned government land seizures, according to a local farmer’s union. However, there are no buyers. Omri van Zyl, head of the Agri SA union, which represents mainly white farmers, said: “The mood among our members is very solemn. […]

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South African farmers panic after list of apparent expropriation targets published

By ethan / August 16, 2018

A list of white farmers whose lands are to be seized without compensation in South Africa has been published by the local minority rights group AfriForum. The government denies the accuracy of the list. The group has uploaded the list of the next land-expropriation victims on its website. AfriForum said it obtained the list through […]

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South African farmers seek refuge in Russia’s Crimea

By ethan / August 4, 2018

White South African farmers are reportedly interested in moving to Russia’s Crimean Peninsula as their government at home seeks to amend the constitution to allow for land seizures. Crimea is a good option for South African farmers, according to farmer Adi Schlebusch, who has already visited Russia. About 30 families of Boer descendants of Dutch […]

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Trade war bailout: Trump promises $12bn in emergency aid to US farmers

By ethan / July 25, 2018

The Trump administration has unveiled plans to offer billions of dollars in aid for farmers hurt by the escalating trade war. US farmers have been hit by retaliatory tariffs on goods like soybeans, pork, and beef. “President Trump has promised since day one that he had the back of every farmer and rancher,” Secretary of […]

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