JOHANNESBURG - The Agricultural Business Chamber (Agbiz) has welcomed President Cyril Ramaphosa's commitment to boosting economic growth, but said companies in the sector were concerned by a lack of clarity regarding land reform policy.
In a statement, Agbiz said it was refreshing to hear Ramaphosa -- in his address to parliament on Thursday on the state of the nation -- place South Africa's economic growth at the forefront of the sixth administration's agenda.
"The focus must now be on the how, so providing detailed content to the broad policy direction and implementation will be key," it said. "Agbiz will continue to engage with various ministries and SOEs (state-owned enterprises) over the coming months."
Ramaphosa's speech was his first major opportunity to outline policy after his African National Congress, in power since the advent of democracy in 1994, won a fresh mandate to govern in May 8 national elections, albeit with less support than it garnered in the previous vote in 2014.
Ramaphosa noted that the day marked 106 years after the Natives Land Act, which was aimed at regulating the acquisition of land, came into force. He called the law "one of the most devastating acts of dispossession, pain and humiliation" and said its effects were still present.