{"id":4798,"date":"2013-06-06T06:08:50","date_gmt":"2013-06-06T06:08:50","guid":{"rendered":"http:\/\/praag.org\/?p=4798"},"modified":"2013-06-06T06:08:50","modified_gmt":"2013-06-06T06:08:50","slug":"land-affairs-minister-damaging-investor-confidence-in-south-africa-agri-sa","status":"publish","type":"post","link":"https:\/\/praag.org\/?p=4798","title":{"rendered":"Land affairs minister damaging investor confidence in South Africa – Agri SA"},"content":{"rendered":"
\"\"<\/a>
Johannes M\u00f6ller<\/figcaption><\/figure>\n

Policy uncertainty is affecting investor confidence in the country, farmer union Agri SA president Johannes M\u00f6ller said on Tuesday.<\/p>\n

“It is important to guard against South Africa being seen as a risky, unstable and uncompetitive economy by investors,” he said in a statement.<\/p>\n

“A visible lack of consensus on economic and social policy is undermining the feasibility of the National Development Plan and confidence in the country as an investment destination.”<\/p>\n

M\u00f6ller said that in light of the decline of the rand last week, the country’s economy paid a “high price” for uncertainty and its handling of problems in the labour market.<\/p>\n

“The negative sentiment extends further than mere concern about wage demands and violent unrest,” he said.<\/p>\n

“It is exacerbated by sharp increases in administered prices, such as those of electricity and fuel; unhappiness with and mass action due to poor service delivery; and, alarming statements regarding property-related issues.”<\/p>\n

He said parliamentary debates on budget votes served as guidelines that local and foreign investors responded to.<\/p>\n

M\u00f6ller said Agriculture Minister Tina Joemat-Pettersson’s budget speech was “moderate”, and her support for farmworker organisations could contribute to further unrest in the industry.<\/p>\n

He said Rural Development and Land Reform Minister Gugile Nkwinti’s budget speech ended on a “low note”.<\/p>\n

Nkwinti said on Friday it was an “honour” to have South Africa’s land reform process compared to what had happened in Zimbabwe.<\/p>\n

M\u00f6ller said he hoped Nkwinti’s comments on land reform were made “in the heat of the debate”.<\/p>\n

“However, the potential damage that remarks of this nature can cause should not be underestimated.”<\/p>\n

Government had developed good policy documents, which would result in a better society if implemented effectively.<\/p>\n

“The National Development Plan is a good example of this, which should be used more consistently by all role-players,” he said. – Sapa<\/p>\n","protected":false},"excerpt":{"rendered":"

Policy uncertainty is affecting investor confidence in the country, farmer union Agri SA president Johannes M\u00f6ller said on Tuesday. “It is important to guard against South Africa being seen as a risky, unstable and uncompetitive economy by investors,” he said in a statement. “A visible lack of consensus on economic and social policy is undermining … Continue reading “Land affairs minister damaging investor confidence in South Africa – Agri SA”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":4799,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[943,2894,2893,12250,2895],"class_list":["post-4798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-south-africa","tag-agriculture","tag-gugile-nkwinti","tag-johannes-moller","tag-south-africa","tag-tina-joemat-pettersson"],"cc_featured_image_caption":{"caption_text":false,"source_text":false,"source_url":false},"jetpack_featured_media_url":"https:\/\/praag.org\/wp-content\/uploads\/2013\/06\/Johannes+M\u00f6ller.jpg","_links":{"self":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/4798","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4798"}],"version-history":[{"count":2,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/4798\/revisions"}],"predecessor-version":[{"id":4801,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/4798\/revisions\/4801"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/media\/4799"}],"wp:attachment":[{"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}