20 February 2020 - Pompeo’s recommended solutions — “strong rule of law, respect for property rights, regulation that encourages investment” — are no more than common sense. SA’s attitude towards property rights will also have very real implications for its access to the US market.
Media
Every week we reach hundreds of thousands of people through placing arguments in the media in support of the principles we stand for. No other advocacy group in the country does as much as we do to promote support for policies that defend your right, and that of your community, to make decisions about your own life free from counter-productive government interference.
19 February 2020 - Comments by United States Secretary of State Mike Pompeo about South Africa’s envisaged adoption of Expropriation without Compensation (EWC) should be taken as yet another warning against the perilous course the government is steering.
16 February 2020 - The ANC is the party wanting the change to remove the decision from the courts. Those opposing the ANC on this issue want the decision-making to stay where it is. Once again, Mr Landman gets his arguments back to front.
15 February 2020 - Perhaps the greatest irony is that – again, in theory – South Africa is committed to evidence-based policy. What passes into law must be proofed and tested for its efficacy, not merely its appeal. On one of the largest, potentially most destabilising, endeavours of recent history, the government is to all intents and purposes refusing to do so. There is no fearmongering in this. And it is a great injustice.
14 February 2020 - There is a growing mood of unease and confusion in South Africa, and not for the first time. Not for the first time either, this is about Expropriation without Compensation – the notion that the government intends to accord itself the power to confiscate private property. What’s different this time is that, for a great many people, this is less a generalised concern about what the policy will mean for South Africa as a whole, and more about what the policy will mean for each of them personally.
13 February 2020 - In a recent Investment Research Note put out by Nedbank Private Wealth, political analyst JP Landman claims to be ‘cutting through the noise’ surrounding the draft constitutional amendment bill introducing expropriation without compensation (EWC). However, his analysis is fundamentally flawed.
12 February 2020 - Time is running out for a resolution of the burden imposed by state enterprises. The only reason SA government bonds have not fallen in price is due to Reserve Bank credibility in fighting inflation and the liquidity of the market in official debt. But that could reverse as the market is bolstered by hot money in search of high yields.
12 February 2020 - The Institute of Race Relations (IRR) today met ABSA officials for an in-depth discussion on the matter of expropriation of property without compensation (EWC) and its consequences for South Africans and South Africa’s financial system.
11 February 2020 - The first wave of state capture had its origins in the cadre deployment and transformation policies of the African National Congress (ANC) which degenerated into the looting of state institutions. These policies allowed the party, through the government, extraordinary regulatory and administrative powers and deployed cadres just could not withstand dipping into the public purse.
11 February 2020 - President Cyril Ramaphosa has been in office for two years. The New Dawn was a false dawn. The mandate horizon that was the election proved to be a mirage. The long-term decline in GDP growth has continued apace, even accelerated
10 February 2020 - In the darkening gloom over Eskom and South Africa’s electricity supply comes some rays of light. Eskom’s new CEO, Andre de Ruyter has got off to a good start. The Minister of Minerals and Energy, Gwede Mantashe, has allowed the mines to generate electricity for their own use. There are sensible proposals.
10 February 2020 - The Democratic Alliance’s (DA) policy proposal “Values and Principles: Our social contract with the people of South Africa” is historic. Under former leader Mmusi Maimane, debate on race-based policy was shut down aggressively, and Gwen Ngwenya resigned in protest. Ngwenya is now back as the DA’s head of policy and penned a proposal to stand firmly against race as a basis for law. This should spark debate, and introspection.