Tag: Expropriation Without Compensation (EWC)

For many South African farmers, a farm is more than an asset – it is a family legacy, a business and often the entirety of their net worth. However, when it comes to estate planning, one critical factor is often overlooked: liquidity. Without adequate liquid assets, heirs may encounter financial strain and operational challenges. In some cases, they may even be forced to sell the family farm to meet estate commitments.

Since 2013, the Economic Freedom Fighters (EFF) under wannabe despot Julius Malema has had seven so-called non-negotiable pillars. At their core, these pillars are stereotypical, rote policies of an ill-thought national socialist state. In practice, they will be disastrous for this country.

The National Democratic Revolution (NDR) is the policy blueprint of the governing African National Congress (ANC)/South African Communist Party (SACP) alliance, who have been implementing it in different spheres for more than two decades.

The Certificate of Need (CON) provisions in the National Health Act 2003 will require doctors to apply for CONs for everything they do and plan to do, including opening a practice and medical equipment they want to use.

The Economic Freedom Fighters (EFF) leader, Julius Malema has threatened Pick n Pay with 'militant action' if a third meeting request is ignored by the company. He has alleged that franchisees are exploited and treated unfairly by the retail company.

History repeats itself – with vicious, chilling accuracy. Just under twenty years ago, the Zimbabwean justice system seemed to have prevailed over a frothing-at-the-mouth late President Robert Mugabe who had lost a number of court battles against the besieged white commercial farmers.

Economic freedom enshrines personal choice, voluntary exchange and protection of private property. It is the freedom to start a business or hire an employee without government interference, or to invest and trade with whomever you please.

We published a new research paper highlighting the dangers of property confiscation (also known as expropriation without compensation) and nationalisation. The paper Private Property, Public Interest: Alternatives to Confiscation and Nationalisation identifies at least five alternatives, each of which empowers the vulnerable, to the government's dangerous plans which simply empower the state.

Every Budget is preceded and followed by the mantra that the Finance Minister faced serious challenges. No, that is never true. All Budgets are easy and straight forward. If they promote prosperity, then countries, including governments and the poor, get rich. All that’s needed is for Budgets to raise rather than lower economic freedom scores – more freedom, more prosperity; less freedom, more poverty. It is that simple.

South Africa’s flirtation with the idea that government should be allowed to expropriate private property without being legally required to compensate owners for it stands in stark contrast to the constitutional democracy we chose 26 years ago and is already doing great damage to the economy.