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Something important seems to have gone entirely unremarked in your analysts’ coverage of President Cyril Ramaphosa’s economic recovery plan: a mere week before he presented it, his administration introduced a draft law that runs directly counter to the president’s intentions to stimulate economic growth and job creation.

The Expropriation Bill, gazetted on October 9, applies to all types of property and not just land, as many commentators seem to believe. It lists five circumstances under which land might be expropriated without compensation, but sneakily leaves the door open for more circumstances to be added ad libitum at a later stage...

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