United States warns expropriation without compensation will crush South Africa’s economy

[Shaun Jacobs]

United States warns expropriation without compensation will crush South Africa’s economy

US Ambassador Leo Brent Bozell III warned the implementation of expropriation without compensation is a direct threat to investment in South Africa and will severely damage its economy.

 

[EmmanuelGoldstein]

Hello Leo... you opened your mouth again?
Also... EWC

 

[saor]

Yes that's generally what stealing does.

 

[Vrotappel]

We will not be bullied.

 

[akescpt]

you did it again leo? you didnt get in enough trouble the last time?

 

[etienne_marais]

Not sure if true, but Willem Petzer said that more land was expropriated during Apartheid itself from whites to enlarge black homelands than after 94. Also, lots of land owned by the government not transferred to beneficiaries and when they do transfer, they don't give title deeds.

 

[rustypup]

Land != magical success stories in wealth creation

Most recipients end up selling it and if the guavament wants it back they will simply cease it again

The entire concept is designed to destroy value

 

[etienne_marais]

Communists going to Communist

 

[Hemi300c]

The only threat to SA are the people of the old (1994) and new anc.

 

[Bad Ballie]

Not sure if true, but Willem Petzer said that more land was expropriated during Apartheid itself from whites to enlarge black homelands than after 94. Also, lots of land owned by the government not transferred to beneficiaries and when they do transfer, they don't give title deeds.

Even the statistics on who has what show that blacks are not the poor homeless victims they portrayed as, more black than white homeowners already.

 

[Bad Ballie]

Population group of household head	Home-owning households	% of all homeowners
Black African	9.554 million	80.8%
Coloured	909,000	7.7%
Indian/Asian	294,000	2.5%
White	1.067 million	9.0%
Total	11.824 million	100%

These figures come directly from Stats SA's 2025 tenure table

 

[Jet-Fighter7700]

Zim 2.0 is bubbling away slowly but surely,
Africa Zero Success rate.

 

[ShaunSA]

Can Yanksville mind their own business

At least we aren't starting wars half-way across the world

 

[Bad Ballie]

Can Yanksville mind their own business

At least we aren't starting wars half-way across the world

Not sure that is a good example, I am not convinced the ANC wouldn't have started a war somewhere if it could afford the petrol to get there.

 

[HumanShield]

It's by design. they don't care