Tag Archivesland expropriation without compensation

Ian Matthews, Head of Business Development at Bravura

Weighing up the risks in South Africa’s historical moment in the land debate

Hot on the heels of President Ramaphosa telling the European Parliament yesterday that South African land reforms will be enacted in adherence to the country’s Constitution, the joint constitutional review committee has formally recommended today that section 25 of the Constitution be amended to allow for expropriation of land without compensation. (more…)

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IMF, Treasury, economy, GDP, unemployment, International Monetary Fund

JCRC adopts report in favour of amendment of section 25 of the Constitution

The Joint Constitutional Review Committee (JCRC) today adopted its report in favour of an amendment of section 25 of the Constitution to make it possible for the state to expropriate land without compensation in the public interest. (more…)

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agri

Agri SA blasts recommendation to amend Constitution

The recommendation of the Constitutional Review Committee on the amendment of section 25 is diametrically opposed to the crucial goals of protection of property, economic stability, job creation, investor confidence and sustainable agrarian reform.  This is they view of Agri SA expressed in a statement today. (more…)

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Ian Matthews, Head of Business Development at Bravura

Could land expropriation without compensation turn the Land Bank into a house of cards?

In the Land Bank’s 2018 Annual Report released earlier this week, the top risk on a list of 18 principal risks is unsurprisingly the issue of land reform and the impact of the possibility of Expropriation without Compensation.  This risk is described as potentially having an impact on national food security, sustainable farming, the economy […]

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agri

Limitation of land ownership is an economic disaster: Agri SA

Agri SA says it is deeply concerned by the recent comments made by the ANC Chairperson, Gwede Mantashe. (more…)

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agri

Agri SA questions validity of #farmlist – release is irresponsible

Agri SA says it’s questioning the status and content of the leaked list of farms said to be earmarked for expropriation without compensation (EWC). (more…)

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IMF, Treasury, economy, GDP, unemployment, International Monetary Fund

Expropriation list risks Venezuelan disaster for South Africa – IRR

Media reports of a purported list of farms that the government intends to expropriate without compensation have sharpened anxiety about the policy direction South Africa is taking, the Institute of Race Relations (IRR) says. “While we note the statement by the Department of Rural Development and Land Reform that ‘there is no truth to this […]

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IMF, Treasury, economy, GDP, unemployment, International Monetary Fund

Moody’s: Weak macroeconomic conditions to have limited effect on securitised transactions in SA

Moody’s Investors Service today published a structured finance research report that looks at the performance of South African commercial mortgage-backed securities (CMBS) and residential mortgage-backed securities (RMBS). “Despite subdued economic activity, with weak consumer demand, low business investment and political uncertainty, the effects on the underlying commercial/residential real estate markets and associated securitised transactions is […]

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