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Assessing and promoting civil and minority rights in South Africa.

Property rights

[Source: Moneyweb by Suren Naidoo.]

Organised business bodies including Business Unity South Africa (Busa), the Banking Association SA and the South African Property Owners Association (Sapoa) on Monday voiced concern around a new proposal by the ANC that the courts be cut out as the final arbiter on expropriated land and more power be given to ‘the executive’, effectively the state. Read more

[Source: Business Day by Steven Friedman.]

If you don’t have a plan for dealing with the country’s biggest problem, pretending you do will make the headache even worse. Despite the political theatre caused by the ANC’s apparent about-turn on land, we can be sure that landowners who do not like the compensation the government pays them will still be able to use the courts. Read more

South Africa at a Glance
59 620 000 (mid 2020 estimate)
2.2% y/y in June 2020 (CPI) & +0.5 y/y in June 2020 (PPI)
-2.0% q/q (1st quarter of 2020)
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