10-12-2013 13:02 PM | South Africa

African land rush by firms ‘may put lives of millions at risk’

Agriculture is at a crossroads in Africa — including South Africa — with decisions taken by governments on a spate of investments in the sector having potentially serious repercussions on millions of lives for decades to come, a leading banker has warned.

Nedbank Capital head of Africa business Zhann Meyer referred to a number of recent acquisitions in the sector, concluding that "the livelihoods, ways of life and culture of millions of Africans are at risk".
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