OPINION | Government, banks must come clean about expropriation debts

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
0:00
play article
Subscribers can listen to this article
More clarity is needed around what happens to someone's bill when their property is expropriated writes the author.
More clarity is needed around what happens to someone's bill when their property is expropriated writes the author.
iStock

It is incumbent on the state and South Africa’s financial institutions to declare their positions unambiguously on the matter of expropriation debt, like what happens to someone's bond when a property is claimed, writes Terence Corrigan.

It’s one thing to hold a big, wide-angle, noisy view on something that is distant and conceptual. It’s often quite another to take that view on something specific, imminent and concrete.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
Lockdown For
DAYS
HRS
MINS
Voting Booth
Would you choose to continue working from home after the coronavirus lockdown if given the option?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, it's much better for me
40% - 7372 votes
No ways! I can't wait to get back to the office
12% - 2142 votes
A mixture of both would suit me best
48% - 8873 votes
Vote
USD/ZAR
14.52
(+0.0)
GBP/ZAR
20.03
(+0.4)
EUR/ZAR
17.37
(+0.2)
AUD/ZAR
11.15
(+0.5)
JPY/ZAR
0.13
(+0.1)
Gold
1,747.04
(+0.1)
Silver
25.52
(+0.7)
Platinum
1,179.50
(+1.7)
Brent Crude
63.67
(+0.6)
Palladium
2,694.50
(-0.1)
All Share
67,555
(+0.7)
Top 40
61,916
(+0.9)
Financial 15
12,103
(-0.4)
Industrial 25
88,708
(+0.8)
Resource 10
68,734
(+1.3)
All JSE data delayed by at least 15 minutes Iress logo