We will not have land grabs in SA, Cyril Ramaphosa assures German president
Germany is SA’s third-largest trading partner, with more than 600 German firms having subsidiaries or production plants in SA, sustaining about 100,000 jobs
On Tuesday, President Cyril Ramaphosa moved to quell investor fears over expropriation of land without compensation, saying the land reform process will be undertaken in an orderly and lawful manner. The expropriation without compensation matter threatens to derail Ramaphosa’s investment drive to boost SA’s ailing economy amid fears that property rights will not be respected. Last week, parliament's joint constitutional review committee resolved to officially recommend that the constitution be amended, to make it explicit that expropriation be one of the means to address the skewed land ownership patterns dating back to colonial and apartheid eras. Ramaphosa hosted German President Frank-Walter Steinmeier in Tuynhuys, Cape Town on Tuesday. The German president is in the country for an official state visit. During a joint media briefing with Steinmeier, Ramaphosa reiterated that the land question needs to be addressed, but said this should be done within the confines of the law and e...
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