VIEWPOINT- South Africa’s Expropriation Act Drives Down Farmland Prices, Fuels Buyer Skepticism, and Deters Bank Financing

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The South African government’s Expropriation Act of 2024, signed into law by President Cyril Ramaphosa on January 23, 2025, has profoundly impacted the agricultural sector, leading to a significant decline in farmland prices, widespread skepticism among buyers, and reluctance from banks to finance land purchases.