For a country desperate for higher rates of investment to ignite sustainable economic growth, the Expropriation Bill, and the headlines that have accompanied its passage through parliament’s consultation processes, could not have been more poorly timed.
Coverage of the bill has cast it as the legalisation of what is presumed soon to become a vast wave of theft and looting as officials across the land use their powers of expropriation to denude property owners of all kinds of assets, not just land…
While the Expropriation Bill of 2020 (the Bill) does allow for expropriation of property against nil compensation, it is far more amicable to South African property rights than is commonly believed…
The expropriation without compensation proposals in the Expropriation Bill not only applied to land, but to all property, according to AfriForum. Those who agreed include the Banking Association, the Mineral Rights Council and the National House of Traditional Leaders…
Land reform discussions in South Africa are in 99% of instances either controversial, political or highly emotional – understandably as our discriminatory past is recalled and the present political mayhem is acknowledged…
Land activists say that the only way the Expropriation Bill will be effective in redressing spatial apartheid is if there is political will from the current government after having failed to do so for 27 years…
The Banking Association of South Africa (Basa) has warned that land expropriation without compensation could pose a significant risk to the banking sector…
The draft law spells out in detail how expropriation – mostly with compensation – will work, detailing how valuation should be done, how disputes should be settled and how money should be paid…
Land expropriation has many South Africans worried. Numerous organisations have spoken out against this, but few as strongly as the Institute of Race Relations…
