South Africa: Geomarkets Africa speaks to Al Jazeera on land expropriation without compensation

Geomarket Africa’s Mark Schroeder speaks to Al Jazeera on South African President Cyril Ramaphosa’s announcement that the ruling African National Congress will amend the country’s constitution to effect the expropriation of land without compensation.

Geomarket Africa clients can be pleased to read more in-depth analysis of Ramaphosa’s bid to expropriate not only government-controlled but privately-owned land here. Geomarkets Africa explains the Ramaphosa administration’s nascent Look East policy as a means to anticipate and compensate for a degradation in economic confidence as a result of the land reform agenda.

Facing populist pressures and an underperforming economy risking the political tenure of not only the Ramaphosa administration but the ANC going into general elections scheduled for 2019, the South African government is compelled to expropriate privately-owned land sooner rather than later.

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