A top US policy think tank has warned that South Africa is on the path to a Zimbabwe-style land disaster and has called on US President Donald Trump to take action.
An editorial on the think tank's web site by Marian L Tupy says:
According to press reports, South Africa’s government has begun expropriating privately-owned farmland without financial compensation, thereby ignoring the post-apartheid political settlement, which allows for land redistribution in the country on a “willing buyer, willing seller” basis.
Eighteen years ago, Zimbabwe embraced a similar policy. As a consequence, South Africa’s northern neighbor’s economy collapsed and the country descended into penury and political violence. This scenario is likely to repeat itself in South Africa. An attack on property rights will result in the destruction of South Africa’s farming community, dramatic reduction in agricultural productivity, and mass unemployment. It could also lead to a collapse of the banking sector (which depends on land as collateral for loan-making) and the local currency, hyperinflation, and even bloodshed.
Tupy said that the US "bears some responsibility for ensuring that South Africa’s post-apartheid political settlement, including protection of minorities and private property, endures."