Story

Cyril Ramaphosa Signs Expropriation Bill Into Law, Repealing 1975 Act and Allowing Land Expropriation With Nil Compensation
4 postsβ’WorldPolitics
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.
Related Market Proposals
Constitutional challenge to South Africa's Expropriation Bill by 2025?
2
Yes (50%)No (50%)
Party gaining most support due to South Africa's Expropriation Bill by 2025?
2
Other (25%)African National Congress (ANC) (25%)Democratic Alliance (DA) (25%)Economic Freedom Fighters (EFF) (25%)
Primary reason for land expropriation in South Africa by 2025?
2
Public use (25%)Social justice (25%)Economic development (25%)Other (25%)
Sector most affected by land expropriation in South Africa by 2025?
2
Other (25%)Agriculture (25%)Mining (25%)Real Estate (25%)
South Africa: Over 100,000 hectares expropriated with nil compensation by 2025?
2
Yes (50%)No (50%)
South Africa's GDP growth impacted by >1% due to Expropriation Bill in 2025?
2
No (50%)Yes (50%)
Related Polymarket Markets
No similar markets found
This could indicate a unique market opportunity that hasn't been explored yet.