Theresa May: legal land reform key to unlocking British investment in South Africa

Theresa May: legal land reform key to unlocking British investment in South Africa

- British Prime Minister Theresa May has backed President Ramaphosa’s land reform program

- May landed in Cape Town on Tuesday as part of a tour to Africa aimed at securing trade deals between Africa and Britain in the post-Brexit world

- The British leader said land reforms done in a legal and transparent way could play a key role in unlocking investment opportunities in South Africa

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British Prime Minister Theresa May has backed the current land reform policies being sought by President Cyril Ramaphosa and his administration. May said legal and transparent land reforms could play a key role in unlocking the vast investment opportunities in South Africa.

May said she and members of her government had previously spoken to Ramaphosa about land reforms and she and the British government were encouraged by Ramaphosa’s policy. May said the president had assured her that there would be no land grabs in South Africa.

READ ALSO: Julius Malema wrongly blasts ‘colonizer’ Theresa May’s comments on land reform

May’s apparent and public backing of land reform in South Africa serves to highlight the growing divide between Britain (and to a certain extent the majority of world countries) and the United States of America. He support is in stark contrast to Donald Trump’s misinformed tweet which caused a national uproar last week.

Briefly.co.za gathered that May landed in Cape Town on Tuesday for the first leg of her African tour which is aimed at securing trade and investment deals between Africa and Britain in the post-Brexit world.

May said she was optimistic about the potential for trade and investment deals between South Africa and Britain. She said Ramaphosa had done a lot to ease fears about the economic impact which land reform would have.

May said Ramaphosa’s approach made sense from both an economic and social point of view and would potentially lead to more investment deals between the countries. She said during Ramaphosa's last visit to London he had done a lot to ease fears in the British public and private sectors about what land reform would mean in South Africa.

May was whisked away to a school in Cape Town's township of Gugulethu and toured the facility. Once this had been completed she returned to the Cape Town CBD for a business meeting. May brought an unusually large business delegation with her on the trip.

This perhaps points to Britain's desperation to carve out its own new path in the world after Brexit.

EWN.co.za reported that during her address, May announced that Britain would be releasing billions of Pounds worth of investment over the next four years throughout Africa. She also said her government was reassessing how and where aid money was being spent on the continent.

May did not try and shy away from the fact that the UK was desperate to secure its own trade and investment deals before it left the European Union at the end of March 2019.

Britain will exit the European Union on 29 March 2019. The country has as yet failed to secure any sort of deal with the EU on what will happen once this happens and as it stands the UK faces the very real prospect of being economically isolated on the world stage.

Earlier, Briefly.co.za reported that EFF leader Julius Malema said he and his party did not want to discuss May because she was a coloniser. Malema did not seem to realise that May had given her support for land reform when he said the EFF would seek to retract South Africa's membership of the Commonwealth.

May is scheduled to visit Nigeria and Kenya later this week as she seeks additional investment and trade opportunities.

READ ALSO: Zuma family in mourning once again: Khulubuse’s only son passes away

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Source: Briefly.co.za

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