# Explainer: : Taking the land: ANC grasps South Africa's most emotive issue

> The ANC's push to take white-owned farmland drew attention to property-rights risks, and the rand and government bonds fell sharply after President Ramaphosa's announcement. The report explains the party's history of land policy and the chaotic farm seizures under former leadership.

- Date: 2018-08-24 · published 2018-08-24T12:00:00.000Z
- Category: policy · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/63829-explainer-taking-the-land-anc-grasps-south-africa-s-most-emotive-issue
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Investor concern about property rights weakens the rand and raises the dollar cost of South African feed imports, while the policy outcome remains unclear.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/article/world/-taking-the-land-anc-grasps-south-africas-most-emotive-issue-idUSKCN1L91AX/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.