'We understand the need for expropriation and land reform - but it needs to be done properly' - DA MP

Loading player...
DA MP Samantha Graham joined the BizNews Power Hour to discuss expropriation without compensation. She told editor at large Jackie Cameron that the expropriation bill is being sold 'as a panacea to deal with the ill's of land reform - which is not the case' Graham also added that 'they are sneaking in clauses around expropriation without compensation that are really going to impinge on private property rights'. Also weighing in on the subject is Dawn Ridler, who is concerned about foreign direct investment. 'A lot of our trade deals have embedded property rights and if we start eroding those rights some of those trade deals could go away.' Learn more about your ad choices. Visit megaphone.fm/adchoices
3 Mar 2021 2AM English South Africa Investing · Business News

Other recent episodes

Magnus Heystek: Why SA’s middle class is quietly being crushed

South Africans are being told everything is fine. Magnus Heystek says it’s a dangerous illusion. In a wide-ranging conversation with Alec Hogg, the veteran investment strategist warns that falling GDP per capita, rising taxes, weak property returns and flawed retirement structures are steadily hollowing out the middle class. From Regulation…
9 Jan 6AM 41 min

South Africa’s business titans are gone – and David Shapiro explains why

From Brian Joffe to Raymond Ackerman, South Africa once produced business giants who shaped the economy. David Shapiro argues they have been replaced by spreadsheet managers, over-regulation and compliance paralysis, and explains what that loss means for growth, risk-taking and the country’s future.
8 Jan 6AM 54 min