Budgeting for land reform
The primary purpose of land reform in South Africa is to redistribute agricultural and other land to address the racially skewed pattern of landholding and promote development. Slow progress in land reform over the past decade underscores the urgency of finding ways to accelerate the process. The state has adopted a market-assisted approach to redistribution. This means that land is usually bought at full market price. In addition, substantial funding is needed for the implementation of the programme and for post-settlement support to beneficiaries.