South Africa Will Allow Expropriation Of Land Without Compensation

[jimmy olsen]

Welp, looks like South Africa's going to turn into Zimbabwe.

http://www.huffingtonpost.co.za/2017/02/24/zumas-radical-transformation-south-africa-will-allow-expropria/

Zuma's Radical Transformation: South Africa Will Allow Expropriation Of Land Without Compensation

Expropriation without compensation would mark a radical policy departure for the ANC

24/02/2017 16:47 SAST | Updated 24/02/2017 16:57 SAST

Ed Stoddard, James Macharia and Andrew Roche

South Africa will amend its laws to allow expropriation of land without compensation for owners as it tries to speed up the redistribution of land to its black majority, President Jacob Zuma said on Friday.

Expropriation without compensation would mark a radical policy departure for Zuma's ruling African National Congress (ANC), shifting from a willing buyer-willing seller approach to more radical alternatives.

Most of South Africa's land remains in white hands over two decades after the end of apartheid.

"We need to take bold steps that will transform our economy, including land ownership, very fast," Zuma said in a speech outlining agricultural policy.

"We are busy amending (laws) to enable faster land reform, including land expropriation without compensation as provided for in the constitution."

Zuma referred a bill allowing state expropriation of land back to parliament last week because lawmakers failed to facilitate adequate public participation.

That bill enabled the state to acquire land without the owners' consent by paying an amount determined by the office of the Valuer-General.

Analysts say the ruling party's new, more hardline approach is in response to calls for the seizure of white-owned land by the opposition Economic Freedom Fighters party. It is also a way to shore up support in the ANC's rural political base ahead of internal party elections in December.

[Jacob]

That does have the potential to transform the economy fairly rapidly, yes.

[Valmy]

Considering how much their party has struggled with corruption in the past decade or so this has particularly bad optics.

[Admiral Yi]

Socialism is a great idea until you run out of other people's farms.

[Jacob]

Socialism is a great idea until you run out of other people's farms.

I don't think this is so much socialism as anti-colonial ethnic nationalism or some such. It still runs on other people's farms, of course.

[Valmy]

The arbitrariness of it is a little terrifying. I mean it must be arbitrary unless they just plan on taking every non-black farm in the whole country.

[Eddie Teach]

So, now the world embargoes South Africa again, right?

[Richard Hakluyt]

Embargoes will not be needed to ruin the country if they take the Mugabe route.

I think they still have an independent judiciary though? Hopefully it will be able to resist these plans.

[Duque de Bragança]

So Zuma and/or the ANC are in a desperate need of a diversion?
Mandela is sorely missed, again.

[Crazy_Ivan80]

So Zuma and/or the ANC are in a desperate need of a diversion?
Mandela is sorely missed, again.

if they keep at it the ANC will manage to turn the Apartheid-era into a golden age. 

[derspiess]

Socialism is a great idea until you run out of other people's farms.

I don't think this is so much socialism as anti-colonial ethnic nationalism or some such. It still runs on other people's farms, of course.

Or possibly some combination of socialism and nationalism.  That seemed to work out really well for everyone before, didn't it?

I really hoped that Zuma wouldn't turn out to be so bad.  At least he took a few years before he decided upon something this stupid.  Oh, he'll transform the economy alright. 

[Razgovory]

Nationalist economics.

[The Brain]

At least he showers after sex, so he won't get HIV.