South Africa: “Expropriation Without Compensation” May Be Enacted

South Africa’s ANC party recently concluded a six day meeting discussing various issues.  According to the Sunday Times:

There was a hard push from supporters of President Jacob Zuma for a decision on the redistribution of land without compensation‚ which would necessitate a change to the constitution.

But according to the ANC’s economic transformation subcommittee head‚ Enoch Godongwana‚ both this proposal and the current system of redistribution with compensation remain on the table for debate by branches. Zuma‚ however‚ hinted in his closing address that there could be legislative changes for expropriation without compensation.

“We agree that using the fiscus for land redistribution must be accompanied by other measures if we are to achieve the goal at the required pace.

“Where it is necessary and unavoidable this might include expropriation without compensation‚” Zuma said.

The ANC also agreed that the South African Reserve Bank should be nationalized.  The decisions are not binding and must be approved by the December national elective conference.

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