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Assessing and promoting civil and minority rights in South Africa.

[Sources: Politicsweb by Anthea Jeffery.]

The ANC has found a way to bring compensation for property down to 50% of market value in many instances – and zero in some circumstances – ahead of the drafting of legislation to allow expropriation without compensation (EWC).

Parliament’s endorsement of the Joint Constitutional Review Committee’s recommendation that Section 25 of the Constitution be amended to allow EWC paves the way for the establishment of an ad hoc committee to draft an amendment bill before the May 2019 election.

In the interim, however – probably unbeknownst to most South Africans – the ANC now has another way of slashing compensation for property intended for ‘land reform’.

Continue reading here.

South Africa at a Glance
57 700 000 (mid 2018 estimate)
5.2% y/y in November 2018 (CPI) & +6.8 y/y in November 2018 (PPI)
2.2% q/q (3rd quarter of 2018)
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