Investors seeking clarity on government policy on land expropriation will have to wait until after the 2019 elections. While parliament’s joint constitutional review committee formally resolved on Thursday to recommend that the property section of the constitution be changed to expedite expropriation of land without compensation, the ANC confirmed this is unlikely before the poll. The committee ignored objections from opposition parties, business organisations and some academics, who have argued that the change would discourage investment without dealing with the real causes of the slow implementation of land distribution, almost a quarter of a century after the country’s first democratic elections. The ANC’s confirmation that the change will only take place in 2019, despite an EFF call for the amendment to be passed during the current parliamentary sitting, leaves the possibility that it might not happen at all if the parties fail to win enough votes to secure a two-thirds majority...

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