Natasha Marrian Deputy editor: Financial Mail

The ANC is investigating a land tax as another way to drive its redistribution, according to the final resolutions from its Nasrec conference released by the party. The head of the ANC’s economic transformation subcommittee, Enoch Godongwana, said on Monday there were many views on the idea of a land tax, and he confirmed the governing party was investigating a tax instrument to drive land redistribution. He said one view was for taxing land held for speculation, but this would be discussed further at a party workshop on land. The party’s final conference resolutions were publicly released last week. Interestingly, the final resolution released is silent on amending Section 25 of the Constitution. This is in line with public comments by ANC leaders last week, including MPs Vincent Smith and Mathole Motshekga, who are on Parliament’s joint committee on constitutional review. They said at a dialogue on land last week that it was not a foregone conclusion that the Constitution would be...

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 exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now