EXPROPRIATION
Judge Dennis Davis takes aim at default policy of willing seller
The proposition of a willing buyer and willing seller was not supposed to be the default expropriation position, Judge Dennis Davis, one of the drafters of the Constitution, said in Johannesburg on Wednesday. The judge, who heads the Davis tax committee, also tore into the announcement that the value-added tax (VAT) rate would rise by one percentage point, saying the government could have avoided this if it had a better grip on the Gupta family’s alleged state capture and billions of rand in runaway fruitless and wasteful expenditure. He said the land debate should encompass spatial alignment of cities, which reflected apartheid-era geography. This misalignment would affect economic growth adversely and the potential of small and medium enterprises (SMEs). Davis was addressing delegates at the Small Business Indaba in Bryanston.
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