Tag ArchivesEWC

President Cyril Ramaphosa

State of the Nation Address: A step in the right direction

By Mamello Matikinca, Chief Economist, FNB. As expected, last night in the State of the Nation Address (SONA) President Cyril Ramaphosa highlighted the notable strides that have been made over the past year, which include a fairly successful investment summit that attracted around R300 billion in investment commitments. The president noted that projects to the value […]

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Wheat field

Draft of new Expropriation Bill published

Public works minister Thulas Nxesi today published a draft of the new Expropriation Bill, with a 60-day comment period. Following this, agricultural association, AgriSA, acknowledged that the new Bill provided more clarity on expropriation without compensation (EWC), but it stated that the reach and definitions must urgently be clarified. “The Expropriation Act is not entirely separate […]

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Wheat field

GDP numbers show that South Africans are paying a ‘terrible economic price’ for EWC push

The Institute of Race Relations (IRR) has said that the government’s push for expropriation without compensation (EWC) is making South Africans poorer. According to the IRR, the disastrous economic growth numbers released today by Statistics South Africa (Stats SA), the country’s official statistical agency, reflect a number of factors including investor fears that the South […]

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Stuart Manning

Land reform panic unnecessary, Seeff welcomes shows of clarity and support

There is no doubt that there is great concern about land reforms amongst ordinary South Africans and especially property owners and buyers. At the same time, there is a huge amount of noise in the media and public discourse around this, often sending mixed messages. In light of this, the Seeff Property Group has welcomed […]

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IRR: EWC report launched in the US warns of economic, strategic consequences

The Institute of Race Relations (IRR) today released a report in Washington in the United States to advance its campaign to protect and extend the property rights of all South Africans. Titled ‘Empowering the State, Impoverishing the People’, the report warns that ‘the undermining of property rights in South Africa has serious implications both for […]

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