ANC reaches resolution on land reform

Johannesburg – The ANC has resolved to amend the Constitution to achieve land expropriation without compensation.

This is according to Enoch Godongwana, chair of the ANC’s economic transformation committee, who was briefing the media on the outcomes of the economic commission, held on the final day of the ANC’s 54th National Conference.

Godongwana labelled it a “contentious issue” and said that the resolution has a condition that it be enforced sustainably.

“The final conclusion that we agreed the national executive committee will initiate some amendments in the constitution’s section 25 to achieve expropriation without compensation.

“For that to happen it must be sustainable,” said Godongwana. This means it must not impact on agricultural production, food security and other sectors of the economy.

He said that even those who want land expropriation without compensation agreed that it should be achieved sustainably. “It should not impact finance sector and other sectors negatively,” said Godongwana.

“There is generally anger across the board about land, no one who lives in South Africa can deny that fact.

The pace of land redistribution and the pace of land restitution and all these things taken together propel and fuel this anger within communities, he explained.

Godongwana said that no timelines have been put in place for implementation, or the amendment of the Constitution.

Earlier on Wednesday minister in the Presidency Jeff Radebe said the land reform issue is to be resolved urgently if South Africa is to have peace.

“Without addressing this historic injustice, we will never have peace in the country.”


* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER

ZAR/USD
16.33
(-0.06)
ZAR/GBP
21.08
(-0.04)
ZAR/EUR
19.33
(-0.03)
ZAR/AUD
11.90
(-0.03)
ZAR/JPY
0.16
(-1.15)
Gold
1949.72
(+0.03)
Silver
26.74
(+0.09)
Platinum
928.80
(+0.44)
Brent Crude
43.52
(-0.32)
Palladium
2356.01
(+0.63)
All Share
54673.65
(-0.66)
Top 40
50399.16
(-0.59)
Financial 15
9841.32
(-2.14)
Industrial 25
72558.00
(-1.08)
Resource 10
55438.10
(+0.58)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Do you think it was a good idea for the government to approach the IMF for a $4.3 billion loan to fight Covid-19?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes. We need the money.
11% - 1300 votes
It depends on how the funds are used.
73% - 8625 votes
No. We should have gotten the loan elsewhere.
16% - 1898 votes
Vote