Quote of the week

The recommendation for criminal charges is particularly applicable to Mr Anoj Singh and Mr Koko, who by false pretences led Eskom, through the officials who processed the R659 million payment, to believe that the R659 million payment was in the nature of pre-payment for coal, as was the R1.68 billion pre-payment, later converted into a guarantee, when in truth and fact they knew that the prepayment and the guarantee were needed to enable the Guptas to complete and save the sale of share transaction.

State Capture Commission Report
Volume 4, Part IV
6 August 2020

Elite Capture of land reform

The Plaas research team gathered data on 66 land reform projects across the country and found that “land reform has shifted from being pro-poor to being pro-elite”. The question, then, is: who has benefitted from land redistribution in South Africa? Who are the winners and who are the losers Elaborating on the concept of elite capture of the land, Mtero says, “[It] simply refers to the concentration of public resources in the hands of a few individuals, and usually it’s the economically powerful and the politically influential individuals. Instead of broadening access to land and reconfiguring the unequal agrarian structure, a select group of black commercial farmers is promoted in land reform.”

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