Policy uncertainty on land bad for economy, says Tito Mboweni
Uncertainty is linked to declines in investment, private-sector employment, output and industrial production, according to the minister
26 May 2021 - 17:48
The ANC’s policy of land expropriation without compensation would have harmful effects on the economy were it to generate policy uncertainty, finance minister Tito Mboweni said in reply to a parliamentary question on Wednesday.
Business has long raised the need for policy certainty as a precondition for investment, both foreign and domestic, as it provides a firm framework within which companies can operate and plan...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.