The technicalities notwithstanding, any foreign-financed bailout support for SA should be conditional on the country abandoning its policy of expropriation without compensation. It is absurd to demand foreign bailouts to shore up the SA economy while pursuing a policy so obviously assured of undermining it.

Many of the taxpayers and countries who fund the institutions that provide such bailouts would in any event find the policy of expropriation without compensation abhorrent. They need to be kept abreast of the government’s position on property rights so they can demand that informed decisions are taken on how their money is used...

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