Cape Town - EFF leader Julius Malema on Friday told Cape Town heads of industry that land expropriation without compensation was needed in South Africa.
"The state must take a deliberate decision to nationalise the land and redistribute it for equal use [for everybody]," Malema told members of the Cape Chamber of Commerce and Industry (CCCI) over dinner at the Cape Sun hotel.
Malema was sparring with economic futurologist Clem Sunter in a two round debate called "The rumble in the urban jungle".
Executive Director of the CCCI Sid Peimer opened the bout saying that it was essential for business to come to terms with different future scenarios and how it would affect business opportunities and job creation.
Malema said the willing buyer-willing seller model initiated by the ANC-led government was flawed.
"If people want to buy the land and there is no willing seller we will never own a piece of land ... it does not matter how much money we have," he said.