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South Africa's GDP growth impacted by >1% due to Expropriation Bill in 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
South African Reserve Bank and international financial institutions' reports
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Cyril Ramaphosa Signs Expropriation Bill Into Law, Repealing 1975 Act and Allowing Land Expropriation With Nil Compensation
Jan 23, 2025, 01:55 PM
President Cyril Ramaphosa has officially signed the Expropriation Bill into law, which outlines the procedures for the state to expropriate land in the public interest. This new legislation repeals the pre-democratic Expropriation Act of 1975 and establishes guidelines for state organs to acquire land for various reasons, including public use. Notably, the bill allows for expropriation with nil compensation. The Minister of Public Works, Dean Macpherson, is empowered under Section 27 of the new law to create regulations that will govern its implementation, ensuring that the expropriation powers are exercised within defined limits.
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No major economic impact • 25%
Decreased foreign investment • 25%
Significant rise in property disputes • 25%
Increased foreign investment • 25%
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No • 50%
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Agriculture • 25%
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Mining • 25%
Agriculture • 25%
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Other • 25%
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No • 50%
Yes • 50%
Bill struck down • 25%
Bill upheld as is • 25%
Ongoing litigation • 25%
Bill amended • 25%