when the farm is developed into an eco-estate. According to a 2017 government audit, 72 percent of the nation's private farmland is owned by white people, who make up 9 percent of the population. Future challenges Various researchers have identified various challenges facing land and agrarian reform in South Africa. The following are amongst the challenges as identified by and the Department of Rural Development and Land Reform (2008): Willing seller-willing buyer principle: it takes a long time to negotiate land price with the current land owners; Claim disputes: it is a long process to mediate and resolve claim disputes (e.g. unresolved disputes between Makgoba Traditional Council and the Trust in the Limpopo Province, South Africa); Capacity: there is lack of institutional capacity for community legal entities (e.g. trust); Beneficiary selection: it is a lengthy process and time-consuming process to select the rightful beneficiaries for land redistribution; Resettlement support: it requires enough resources and time to effectively facilitate post-resettlement support to new land owners; Monitoring and evaluation: there is lack of reliable monitoring system and evaluation thereof; Policy: there are gaps in the current policies which compromise effective implementation of land reform programme. Different political views: there is lack of common consensus among political parties on land reform debate. Unresolved land claims, which are largely rural claims, are mostly affected by a number of challenges such as: disputes with land owners on the validity of claims, land prices, settlement models and conditions; family or community dispute; conflict among traditional leaders, community, trust and beneficiaries boundaries disputes among traditional leaders; reluctance of other government departments and institutions to release state land; high land prices and disputes on land valuation; land price negotiations with current owners; lack of technical and financial support; mismanagement of resources; untraceable claimants; and land claim disputes resolution and mediation. Financial and Fiscal Commission's 2016 report As of 2016, the South African government has pumped more than R60 billion into land reform projects since 1994. Despite this investment, the land reform program has not stimulated development in the targeted rural areas. A report by the South African Government's Financial and Fiscal Commission shows that land reform as a mechanism for agricultural development and job creation has failed. A survey by the commission in Limpopo province, KwaZulu-Natal and the Eastern Cape found that most land reform farms show little or no agricultural activity, the land reform beneficiaries earn little