LETTER: Chamber of Commerce shows ignorance over land reform report
Given the state’s fiscal circumstances and the ideological inclinations of the cabinet, market-related compensation is likely to be the exception
01 August 2019 - 05:00
The Cape Chamber of Commerce and Industry demonstrates extraordinary ignorance of the contents and implications of the report of the presidential advisory panel on land reform (Cheers for land panel (https://www.businesslive.co.za/bd/opinion/letters/2019-07-31-letter-one-and-a-half-cheers-for-land-panel/), July 31).
The panel endorsed expropriation without compensation (in 10 supposedly limited circumstances — such as land that is held “purely for speculative purposes” — but also made clear that the circumstances meriting “nil” compensation are “not limited to” the ones it lists...
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