After another electoral victory in South Africa, the ruling African National Congress (ANC)-South African Communist Party (SACP) regime plans to pursue what it calls the “radical second phase” of its ongoing revolution. Read more
[Source: http://www.polity.org.za/article/zuma-signs-land-bill-into-law-2014-06-30 by SAPA.]
President Jacob Zuma has signed the Restitution of Land Rights Amendment Bill into law, his office said on Monday.
The legislation notably re-opens the restitution claims process that closed at the end of 1998 and gives claimants five years – to June 30, 2019 – to lodge land claims. Read more
[Source: http://fwdeklerk.org/index.php/en/latest/news/248-article-50-50-down-on-the-farms by Dave Stewart.]
The Department of Rural Development and Land Reform (DRDLR) has just published its final policy proposals on land reform titled “Strengthening the Relative Rights of People Working the Land“. Read more
[Source: http://www.politicsweb.co.za/politicsweb/view/politicsweb/en/page71619?oid=579465&sn=Detail&pid=71616 by Anthea Jeffery.]
Delivering on ‘radical’ change, if not on growth or jobs
In August 2012 the Cabinet adopted the National Development Plan (NDP) as South Africa’s policy blueprint from now until 2030. The plan is supposed to boost the economic growth rate to 5.4% of GDP and help generate 11m jobs. Read more
Bashing business for votes – New legislation may save the ANC votes but will chase away foreign investment.
AS THE May 7th elections draw closer, the ruling African National Congress (ANC) seems increasingly troubled by a challenge to its left flank from the Economic Freedom Fighters (EFF). Read more
58 780 000 (mid 2019 estimate)
3.6% y/y in November 2019 (CPI) & +2.3 y/y in November 2019 (PPI)
-0.6% q/q (3rd quarter of 2019)
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