According to your report, "Threat of instability if state does not expropriate land, says Ramaphosa" (August 20), President Cyril Ramaphosa believes SA risks becoming unstable if the state does not expropriate land without compensation.

We have polling to prove that this is nonsense. We also identify an apparent relationship between the real change in the after-tax income of households and popular perceptions of the future of the country. As those perceptions worsen, levels of violent protest action escalate. So the reasons for declining levels of internal stability have little to do with land reform and a lot to do with the very weak performance of the economy over the past decade. It is plain that the government is using the injustice of the historical denial of property rights to black South Africans to deflect popular anger that has arisen from the near stagnation of living standards and job creation, while seeking to use the emotions stirred up by the "land" issue to unit...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now