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Tag: land expropriation without compensation
Government’s push to water down the constitutional protection for property rights in South Africa by amending the Constitution should shock everyone of whatever race or socio-economic background. Every South African who owns property will be in jeopardy if the vital check of compensation is repealed.
A new word has entered the South African vocabulary - Ramaphoria. The warm fuzzy feeling that permeates the fabric of the new 'New South Africa'. It is really amazing how (effectively) changing one person can make such a difference. The future looks much brighter.
The South African Parliament agreed on 27 February 2018 to review section 25 of the Constitution with a view to amending the Constitution to allow for the expropriation of land without compensation as tabled by the Economic Freedom Front. This was met with surprise and consternation from banks, the agricultural industry and the international investor community.