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Late last year, the World Bank reported that Malawi’s economic future was in peril. In a press release, they noted that “The combined effects of adverse weather, acute foreign exchange shortages, disruptions to electricity, and the high rate of inflation, …
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According to the World Bank’s South Africa Economic Update (Edition 13) titled ‘Building Back Better from Covid-19 with a Special Focus on Jobs,’ the pandemic has exposed long-standing structural weaknesses in the South African economy. These have progressively …
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I have said and written much about the Expropriation Bill of 2020, which will likely become the Expropriation Act of 2021 sometime this year. In this article I would like to focus on one particularly troubling aspect of the proposed …
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South Africa’s flirtation with the idea that government should be allowed to expropriate private property without being legally required to compensate owners for it stands in stark contrast to the constitutional democracy we chose 26 years ago and is already …
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Expropriation without compensation (EWC) is unnecessary for land reform, dangerous to the economy, and will be disastrous for the poor. The Constitution Eighteenth Amendment Bill proposes to change the Constitution to allow the government to expropriate private property without being …
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There are a few greater challenges to the human mind than to discuss the state of property rights in Nigeria and Africa. Not many dare face this bull in the eye. But I will. And to rightly understand the situation …
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Speaking at the Goldman Sachs investor conference on Wednesday, President Ramaphosa attempted to address investors’ concerns regarding expropriation of property without compensation (EWC). He has repeatedly said that EWC will happen, while also trying to reassure both South Africans and …
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It is now well-known that South Africa’s parliament intends to amend the Constitution to allow the government to expropriate (forcibly seize) private property without being required to pay compensation. On November 15, 2018, the parliamentary Constitutional Review Committee finally officialized …
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Later today, the South African Parliament will find out if constitutional changes allowing for the expropriation of privately-owned farmland without compensation will move forward. The Joint Constitutional Review Committee will deliver their verdict to the National Assembly, and if the …
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Safety and security – especially relating to women and children – as well as strong ownership rights are among the top factors needed to encourage growth in wealth in African countries, according to the Africa 2018 Wealth Report produced by …
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