IMF says South Africa should spell out land reform plans to remove uncertainty

The International Monetary Fund (IMF) said on Tuesday that the South African government should clearly articulate its land reform plans in order to lift uncertainty weighing on investor sentiment. South Africa’s ruling African National Congress has said it plans to redistribute land without compensation to address racial inequalities that persist more than two decades after the end of apartheid. Government critics have expressed concern that those plans could infringe on property rights.