Showing posts with label land development policy. Show all posts
Showing posts with label land development policy. Show all posts

Tuesday, August 21, 2018

#SOUTHAFRICA: Chaos Among White Farmers As Gov't Begins "Test" Land Seizures

[world politics news]


There is chaos building among white South African landowners, as the ANC government begins large-scale seizures of land at a fraction of their value. The seizures are a test, of sorts, ahead of a constitutional amendment that would allow the government to seize white owned property at no cost, and redistribute it to black South Africans. The government's action has caused panic in the country's stock market, and fear among the white minority.

[FULL STORY HERE]

Tuesday, February 28, 2017

#SOUTHAFRICA: Pres. Zuma Seeks To Replicate Zimbabwe By Taking White-Owned Lands

[world politics news]


Pres. Jacob Zuma says he will lead an effort to take "land back to the people," and part of this plan involves taking white-owned properties without compensation. It's a policy reminiscent of Pres. Mugabe's Zimbabwe, whose actions have made that nation an economic ruin, but Zuma insists it will transform the economy, and recently sent the Land Expropriation Bill back to Parliament for further consideration. The bill was passed by Parliament in May last year, but requires the government to purchase property on reasonable terms.

[FULL STORY HERE]

Thursday, December 12, 2013