Significant economic downturn in South Africa due to Expropriation Bill by end of 2025?
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No • 50%
Official economic reports and analyses from reputable financial institutions
Ramaphosa Signs Expropriation Bill Into Law, Allowing Land Seizure Without Compensation Amid Opposition
Jan 24, 2025, 04:12 AM
South African President Cyril Ramaphosa has signed the Expropriation Bill into law, marking a significant development in the country's land reform efforts. The new legislation, which replaces the 1975 Expropriation Act, allows for the expropriation of land without compensation if it is deemed to be in the public interest or for a public purpose. The bill underwent a five-year process of public consultations and parliamentary deliberations before its enactment. The signing of the bill has sparked strong opposition from several political parties and organizations, including the Democratic Alliance (DA), ActionSA, and AfriForum, who are considering legal action against the government. They argue that the bill threatens private property rights and could lead to economic instability. Conversely, the African National Congress (ANC) and the Congress of Traditional Leaders of South Africa have expressed support for the bill, viewing it as a step towards addressing historical land inequalities and promoting equitable land redistribution.
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Significant rise in property disputes • 25%
Increased foreign investment • 25%
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Decreased foreign investment • 25%
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Mining • 25%
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Democratic Alliance (DA) • 25%
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