It's one thing to focus on SA's long-term prospects. Be careful not to miss the forest for the trees. But what's to be done when the forest suddenly goes up in flames? asks Ron Derby.
High level clouds. Mild.
After 25 years of democracy there have been mixed results with land reform and the debate should now be about the search for solutions, Minister of Tourism Derek Hanekom tells Fin24.
The South African Reserve Bank Amendment Bill introduced by the EFF leader does not deal with how the SARB is to be nationalised, it simply repeals references to those shareholders, or replaces them with the Minister of Finance.
The Protection of Investment Act has been controversial since the start, with European countries and investors in particular fearing it will weaken their position in SA.
It's not the rich who have to worry about expropriation without compensation. And it's not just land that falls into the category of 'property', writes Terence Corrigan.
Many white landowners are happy to assist in enriching land reform in a way that prioritises food security and economic stability, says Minister of Rural Development and Land Reform Maite Nkoana-Mashabane.
The rand briefly broke below R14.00 to the US dollar following the news that Parliament's portfolio committee on public works withdrew its expropriation bill on Tuesday.
Private farms is where the fight will be, but urban land – especially abandoned buildings and parcels owned by state companies – will probably be the first to be expropriated. And land next to informal settlements is likely to be a fruit ripe for the political picking.
While the land debate has been viewed largely through a racial lens, the potential land reforms which may emerge have people across various sectors of South African society nervous.
Minister of Rural Development and Land Reform Maite Nkoana-Mashabane has urged South Africans not to be seduced by politicians into fear-mongering or illegal land grabs over government’s land reform efforts.
In our latest explainer, Fin24 unpacks eight key questions around the debate on land expropriation without compensation.
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