The Expropriation Bill comes at a time of one of the most devastating economic implosions in the history of South Africa, with downgradings beyond junk status, escalating sovereign debt, high numbers of bankruptcies of businesses, withdrawal of foreign investments and the highest unemployment number ever. There can be no worse time for an Expropriation Bill like this one, given the uncertainties it entails, to be promulgated into law.
The draft Expropriation Act B23 of 2020 will enable the government to arbitrarily deprive you of your property.
Saai will oppose the Expropriation Act on behalf of Family Farmers in South Africa.
Say no to expropriation for nil compensation
Add your name to Saai's commentary before the expiry date
The Expropriation Bill comes at a time of one of the most devastating economic implosions in the history of South Africa, with downgradings beyond junk status, escalating sovereign debt, high numbers of bankruptcies of businesses, withdrawal of foreign investments and the highest unemployment number ever. There can be no worse time for an Expropriation Bill like this one, given the uncertainties it entails, to be promulgated into law.
The draft Expropriation Act B23 of 2020 will enable the government to arbitrarily deprive you of your property.
Saai will oppose the Expropriation Act on behalf of Family Farmers in South Africa.
Read SAAI's commentary on the act
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