Expropriation without compensation not an end in itself, but a means to an end, Cyril Ramaphosa says
The government will not relent in its determination to use expropriation without compensation as one of the mechanisms to effect land reform, President Cyril Ramaphosa said on Thursday."Land reform is fundamental to the eradication of poverty. It is fundamental to restoring the dignity of all South Africans to foster reconciliation and to forge national unity. It is for this reason that this government — guided by the resolutions of the 54th national conference of the governing party — is undertaking measures to accelerate the redistribution of land, the extension of security of tenure, the provision of agricultural support and the redress of spatial inequality," the President said in his response to the Presidency budget vote in Parliament.Talk of land expropriation without compensation and the recent illegal land occupations is said to have created uncertainty among investors.In February, Parliament voted in favour of an EFF motion for land expropriation without compensation. The ...
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