Business Day column: Land dispossession lives on, even a generation after apartheid has ended

Private-Property-5

WHEN people own their homes they take home tins of paint instead of bottles of brandy. But for many black households a generation after apartheid ended little has changed; they still do not own their homes and kraals. Land dispossession, apartheid’s greatest travesty, lives on.

Today, the Free State government, the Ngwathe Municipality, First National Bank (FNB) and the Free Market Foundation (FMF) are in effect injecting more than R10m into the economy of a small “township”, Tumahole, the Soweto of Parys. This partnership will empower residents, stimulate the local economy and drive a crucial nail into the apartheid coffin. Two hundred residents will become owners of land and homes with an average value of more than R200,000, at no cost to themselves.

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