It is clear that they have no intention of paying much for farmland.
The other question is what happens when the leases the foreigner's rights are converted in, run out. Does the land then go to the state (at no compensation?).
... Freedom Front Plus leader Pieter Mulder described the amount of R4.7bn allocated to land reform as being a drop in the ocean.
"We know that they have already about 370,000 land claim applications and the estimated cost will be about R170bn. If government continues to raise expectations without the money to meet them, it is a recipe for a revolution," he said.
Mr Mulder also criticised Mr Nene for not making any comment about the estimation of the cost the government would have to incur to convert foreign-owned land to long term leases.
"That is another item of expenditure that will still have to be dealt with. Foreigners owning land bring many benefits, such as direct investment and employment," he said.