Emerging Trends
[Source: http://www.bdlive.co.za/opinion/2013/06/10/bills-threaten-the-property-rights-of-all-south-africans by Anthea Jeffery.]
HOT on the heels of the Expropriation Bill of 2013 has come the little-noticed Property Valuation Bill of 2013, published on May 23 for comment within 30 days.
The Valuation Bill gives a new “valuer-general” an exclusive power to value property in cases of expropriation, land reform, or other acquisition (such as leasing) by the state. In this third instance, he must base his decisions on market value, determined on the willing buyer, willing seller principle. Read more
This section from the South African Monitor Midyear Report of 2014 comprises information on increased political intervention and selective patronage; foreign business distrust in ANC policies reflected in limited… Read more