National Assembly adopts Expropriation Bill

rvZA

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Which is exactly what investors do and should be allowed.

Capitalism

Hence the reason South Africa will never ever again see the sale of empty land to any investor, foreign or local, unless of course they are dumb enough to develop on it. I know almost all the big banks would buy empty land and hang onto the land for many decades until towns expand and then sell it off at a profit. I know many private people also speculating on land this way. All of these investments are now gone for good. Trillions of Rands are gone.

Probably for the best, as I do not think the ANC should have access to this type of money. It only turns out to be evil for them.
 

Cosmik Debris

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The Ingonyama Trust land has also been given special protection by the ANC.
Not the ANC, the state president met with the king to provide assurances. The equality test here is already broken.

So, the ANC is acting just like the apartheid government for how many times now?
 

Cosmik Debris

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You clear alien vegetation and protect indigenous vegetation, you maintain hiking and bicycle paths, you burn fire breaks and put out fires when they occur, you build and maintain a cable car system, you monitor and research local flora and fauna and wildlife, you build fences and maintain signage to restrict people to certain areas, etc, etc etc.

That's maintenance? Would the mountain break down or go away if you didn't do that?
 

rvZA

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So, the ANC is acting just like the apartheid government for how many times now?

Yes, it is clear that EWC is aimed at white minorities. The same with AA and BEE by keeping them excluded from the economy. There is absolutely no difference between HF Verwoerd and Mandela or HF Verwoerd and Ramaphosa. They all have the same discriminating policies. The only difference today is that the roles are reversed, but the people still the same ideologies. Also, only today more people dying and suffering as a result.
 

rvZA

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I see the ANC's propaganda machine, News24 is already spewing its nonsense...



If you look at the new act they pretty much can expropriate almost every property they want. If you are not happy with it, you need to ensure that you have many millions of Rands and can then approach a court, where you will likely lose your case in any event.
 

C4Cat

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nobody is panicking because its being kept a secret
What's being kept a secret? This bill? It's been in every media publication, every political party is talking about it, it's all over social media, it's been debated and available for public comment for years... How is it being kept a secret?
 

Fulcrum29

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Ruth Hall's view on the bill. She served on the Presidential Advisory Board who advised on the bill,


she runs through the 5 points expressed in the bill where nil compensation can be paid, but the bill also very clearly express that the relevant circumstances aren't limited to those 5 points (12.3.a-e). Essentially, the bill states that there are 5 reasons, but that any other reason may also circumstantially apply. This should be scrutinised by the public and those who opposed the bill in my opinion.

As pro Hall is on this bill, well, she did advise on it, even she expressed in this interview that the state may look at property other than agricultural property and as a result that there will be many court cases in the time to come.

I do expect this bill to be signed into law somewhere in 2023. The question then is what the state will do with these powers?

In the case there will be ill-intended* expropriation, the state can argue it in the public interest, and will burden any opposition in the courts. This what I said here could spur capital to leave these shores.

*I see de Lille used nicer wording,


Minister of Public Works and Infrastructure Patricia de Lille said the government had no intention of using the Expropriation Bill to arbitrarily seize land from private owners.​

 

Fulcrum29

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And of course all the usual suspects downplaying this and saying it's not an issue.

My concern with the bill is nil compensation not being explicit, to post the bill,

nilcompensation.PNG

the state could have other reasons they deem to be in the public interest other than a, b, c, d, and or e. We know that property isn't limited to land. This is open to abuse. The problem being that any concerns at this time can only be vented when the state decide to abuse their powers enabled by this bill, until then those concerned, need to accept that people, by their representatives, democratically voted this bill into power.

Just know that the state can argue that their actions are in the public's best interest on the taxpayer's account.

Anyhow, only time will tell.
 

Cosmik Debris

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How did this conversation about table mountain start? Somebody suggested that under the new bill it could be expropriated. Do try and keep up

And I then asked you how you maintain a mountain after you said property not being maintained can be expropriated. From there, you went all gaga.
 
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