National Assembly adopts Expropriation Bill

Thugscub

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Dec 3, 2008
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ANC shoots itself in the foot once again.
Cadres are panicking trying to STEAL the last bit of wealth they have never created.
Down the shitter it all goes and the average stupid votah twat cannot see this.
Starvation just like the rest of the shithole of africa on the way.
 

aleksandar

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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.
We have case in Serbia where some corrupt politicians and their business friends started building hotel\restaurant on a mountain which is protected and close to ski lifts. Multiple orders to demolish but nothing is happening and apparently part of it is already registered in deeds office.

Knowing how corrupt government is I would not be surprised if somebody starts doing it on Table Mountain.
Part of it expropriated and given to connected cadres to build in order to address inequality.
 

Cosmik Debris

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Feb 25, 2021
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35,098
ANC shoots itself in the foot once again.
Cadres are panicking trying to STEAL the last bit of wealth they have never created.
Down the shitter it all goes and the average stupid votah twat cannot see this.
Starvation just like the rest of the shithole of africa on the way.

It's not only land. Property is anything you own. Your car, fridge, furniture and intellectual property. The land is prioritised only as it is a voting pull:


Translation:

The Expropriation Bill will have serious economic consequences and must be tested in the Constitutional Court, because the FF Plus is convinced that it is unconstitutional.

The Bill is misleading. Its preamble starts with Section 25 of the Constitution. It is to create the impression that it is in line with Section 25 of the Constitution as regards expropriation.

Aspects, like compensation, however, do come up and the FF Plus is, therefore, requesting and challenging government to test the proposed law in the Constitutional Court. The Constitution does indeed make provision for that.

With regard to the proposed law being misleading, the legal definition of ‘property’ must be considered. It includes movable and intellectual property, which may be compromised.

The truth is that, for the ANC, this law does not revolve around land reform as such. It revolves around the power that comes with landownership.

In addition to the unforeseen consequences of the Bill, there are also various clearly foreseeable consequences.

The biggest drawbacks of the proposed expropriation will most severely impact trade banks, financial institutions and especially private owners. Enterprises that want to develop the country will think twice.

These drawbacks will surely destroy the country’s economy. Because private ownership is one of the cornerstones of a democracy and a free market system.

The Expropriation Bill undermines these cornerstones. The results will be rising living costs, food insecurity, greater unemployment and even greater poverty.

No investor will invest their money where they know it could be expropriated without compensation.

Ultimately, the ones who will bear the brunt of it all are South Africa’s youth.

Their future will be stolen by a law that should not be called the Expropriation Act, but rather, the Destruction Act.
 

Oldfut

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Jan 28, 2018
Messages
2,340
ANC shoots itself in the foot once again.
Cadres are panicking trying to STEAL the last bit of wealth they have never created.
Down the shitter it all goes and the average stupid votah twat cannot see this.
Starvation just like the rest of the shithole of africa on the way.
No good will come of this but the "ANC"isn't shooting itself (the elite cadres anyway) in da feet; it is more SA being shot. My reckoning is that it will start with said ANC cadres picking desirable properties for themselves, and maybe were there constituents are, first; nothing new here, just ramping up. They will not pick corporate owned property (initially anyway) but more individuals who do not have the resources or will to fight through the (kangaroo) court system.

As for what Hall and de Lille say, they are ANC regime paid lackeys; I wouldn't believe anything they say; Comical Ali's.
 

daveza

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In a nutshell, the Bill proposes making it possible for the government to appropriate land without compensation.

Given that this involves amending the Constitution - a process which has already failed - it's unlikely the Bill in its present form will pass Constitutional must Mabasa says.
 

rietrot

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Fulcrum29

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Just want to point out,

The Expropriation Bill introduces five instances where nil compensation could be paid, including "speculative land" which is lying fallow, state-owned land not being used for its core purpose and land or buildings that have seemingly been abandoned.

Some of these cases are complex because South Africa has such a poor land rights record system Mabasa says.

it should be read as examples since there is no limitation on the reasons, other instances could also apply. That is expressed in the bill, so other expropriation cases could be established. Here is the whole interview snipped by Moneyweb,


then one needs to take under consideration, that should the state insist on nil compensation and that matter is then taken to court that you would still need to convince a bench that your land is not in the public interest to be expropriated. I don’t want to sound negative, but I pity the person or entity chosen as an example, it will be an exhaustive and time-consuming process.

To quote this bit,

Now, the need to ascertain and to make clear the message comes from the fact that our constitution in South Africa, unlike many others – and there are some that are similar – says that when it comes to land reform, if you need land for land reform, the state might not give you full market value. Our constitution is unique in that it gives you those factors on how to reach the kind of compensation you need to get.

So any farmer who is on land that is being productive, that is currently being used, who can show that they’ve also invested on the land, would have a right to resist that expropriation because it would be unconstitutional.

The constitution tells us under what circumstances expropriation might happen, and those circumstances may be less than market value.

But the most important critical issues are the following. The current land has to be in use, you’ve got to show that there’ve been some direct investments that you’ve made in improvements on the land. You’ve got to be compensated for that.

Government has to show the purpose of the expropriation. If the purpose of the expropriation is against the public interest, or if it’s against land reform, a farmer likely would be able to challenge that.

your investments could potentially be 'depreciated'. Nothing quite like coming out at a loss, and the state may have the stronger case that the expropriation is in the public interest.
 

The_Librarian

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The Act is all doublespeak.
 
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