S.Africa cautions farmers on foreign investments

Tue Jun 16, 2009 2:37pm GMT
 

CAPE TOWN (Reuters) - South Africa's government will not stand in the way of its farmers investing in other African countries but cannot help protect their investments, its agriculture minister said on Tuesday.

"If they go as a private funder, they must be willing to take the risk as any other private funder," Tina Joemat-Pettersson told Reuters in an interview.

"South Africa would not be able to protect their risk in another country, and we wouldn't be able to provide them with any security or any insurance for their money."

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