'Smash and grab' of land won't happen in South Africa, says Ramaphosa

President Ramaphosa's Positive Cabinet Reshuffle in South Africa

President Ramaphosa's Positive Cabinet Reshuffle in South Africa

South Africa's new President, Cyril Ramaphosa, says the transfer of land from the country's white minority to the black majority will be handled without damaging the economy.

"It is a question that we will continue to handle with care and responsibility", said Ramaphosa, who took office last month after the resignation of Jacob Zuma.

'I will shortly initiate a dialogue with key stakeholders.

South Africa seeks to address the legacy of apartheid more than two decades after the end of white rule. "There is no need for any one of us to panic and start beating war drums", Ramaphosa said in parliament, according to Reuters.

South Africa's president is adamant it won't be following in the footsteps of Zimbabwe.

The ANC on Friday reiterated its support for land expropriation without compensation, coming on the back of a successful Parliamentary motion on Tuesday to review the property clause in the Constitution. ANC head of campaigns Fikile Mbalula said that the success of this week's motion was "a victory for the people of South Africa".

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However, AfriForum, a civil rights group representing mostly white South Africans, stated that it would launch an worldwide campaign to inform governments and foreign investors "that property rights in South Africa are being threatened".

Kallie Kriel, CEO of AfriForum, said land expropriation "could unleash conflict in the country".

He appealed to South Africans to "desist from trying to instil fear in the hearts of investors" through messages claiming South Africa might embark in a land grab that threatens the investment climate.

The ANC has long promised to redress disparities in land ownership as the matter remains a pressing issue throughout the country.

But critics blame the land redistribution for the collapse in agricultural production that led to Zimbabwe's economy being wrecked by hyper-inflation, mass unemployment and emigration.

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