STUART THEOBALD: Land rights and the economy are tightly bound in SA
EFF land model could trigger a financial crisis that would happen far faster than the election cycle
Fifteen years ago I was sent on assignment to report on the banking industry in Angola for the Financial Times group. It was a few years after the civil war and there were promising signs that the economy was picking up.
Staying in the only business hotel in Luanda at the time, I defied the exhortations that guests not go out onto the streets unaccompanied and went walking one evening. A few blocks up the road, assaulted by the smells of sewage intermingled with cement I came across an oasis. Light music was emanating from behind verdant foliage alongside the street. Peering through the entrance I saw a bamboo-constructed bar with a few people sitting at it and wandered in...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.