Posted on 05/28/2016 3:26:36 PM PDT by dontreadthis
South Africas parliament has approved a bill that would see the government make compulsory land purchases from rich whites and redistribute it more fairly to address racial disparities, two decades after the fall of apartheid. The ruling African National Congress (ANC) has the August elections to consider, and the party has promised to ramp up the series of measures with its Expropriation Bill, South Africas Mail & Guardian reports.
Having passed the National Assembly, which added changes on Thursday, the bill will now head to President Jacob Zumas desk for signing.
The bill combines a series of measures that would see the land expropriated in the public interest and for public purpose, and has passed with both the ANC and several opposition parties voting in favor.
"The passing of the bill by parliament is historic and heralds a new era of intensified land distribution program to bring long-awaited justice to the dispossessed majority of South Africans," an ANC statement reads.
Since the fall of apartheid, about 20 million hectares (50 million acres) of land have been transferred to black owners. According to Al Jazeera, thats 10 percent of what the whites there owned in 1994. The ANC aims to raise the amount to 30 percent.
But concerns have been voiced the law still requires work, and that theres a lack of clarity on how the measures will be implemented.
The Democratic Alliance (DA) voted against. The party sees a problem with the term property, fearing that the loose term would create loopholes allowing more than just land to be taken away such as shares and intellectual property.
Another issue stemming from the legislative requirements is that the sums paid out for the land would not cover outstanding bank payments. According to DA MP Anchen Dreyer, It is therefore possible that an expropriated owner could end up without a house or farm, and would still need to pay installments on an outstanding bank loan. Which bank would grant such loans?
The United Democratic Movement (UDM) also voted against on the grounds that the bill would leave out those who were dispossessed of their land before the 1913 Land Act.
The bill is also likely to rely on more than just the market value of the property, and will also include the lands current use, history of the acquisition and the purpose of expropriation.
One ray of light for the landowners is the possibility of appealing a courts decision on the amount of rand paid out.
The expropriation bill could also hurt investment into South Africa, economists and farmers worry an issue thats especially salient after a recent drought so severe it led to farmland seizures across the border in Zimbabwe.
The government says its moving fast with the law so as to correct the mistakes of the past in a swift manner. It promised South Africa would not see the same type of seizures that took place in neighboring Zimbabwe which was rapidly scaring off investors by forcing companies to close unless they gave up 51 percent of their shares to black Zimbabweans by April 1.
Longtime Zimbabwean President Robert Mugabe is known for being a scourge on white farmers, and it was reported his supporters now own 40 percent of all land expropriated from them. There is one major difference with South Africa: they werent being compensated.
It is essential that all citizens know that their property rights are secure, Dreyer says. Moreover it is crucial for foreign investment that property rights are secure. The bill in its current form impedes on this confidence.
I've seen this movie.
I met a South African businessman on vacation a few decades ago. He had come up with a scheme to get his family money out of SA. He would buy a genuine art object and a fake. He sent the real thing to America and the fake to SA. He said, “any white who isn’t making plans to leave is an idiot. They will eventually kill us.”
>>South Africas parliament has approved a bill that would see the government make compulsory land purchases from rich whites and redistribute it more fairly to address racial disparities
One day, America. One day...
After 60 years, it will look like Detroit.
Why do whites still live there?
Just following the dictator of Zimbabwe’s lead in destroying the country’s economy.
Did that neighbor of theirs in so called leader Robert Mugabe kick out the productive white farmers in Zimbabwe and turn it into a hellhole. Now he wants them back I swear fluxin humanity is stupid and dense beyond reason..
http://qz.com/458137/mugabe-is-asking-back-the-white-farmers-he-chased-away/
Hence the need for the Second Amendment.
“Just following the dictator of Zimbabwes lead in destroying the countrys economy.”
Exactly what I was thinking reading the article. In fact they wanted the “White” farmers to come back.
60 years? You sound like an optimist.
There is no such thing as an equality movement.
There are ONLY revenge movements.
Justice is just a fancy word for revenge.
1. Take land from farmers.
2. Give it to non-farmers.
3. Wait, what happened to the food?
If a government can seize land, they can seize anything. Nothing is secure.
Good bye, Jewel of Africa.
Queue music: ...Zimbabwe here we come, right back where we started from.../music
5.56mm
South Africas parliament has approved a bill that would see the government make compulsory land purchases from rich whites and redistribute it more fairly to address racial disparities, two decades after the fall of apartheid. The ruling African National Congress (ANC) has the August elections to consider, and the party has promised to ramp up the series of measures with its Expropriation Bill...So, will the US be accepting white refugees?
I might choose to leave a country that I had built when my land was seized, my dogs were killed and my neighbors were murdered. Rot in hell, Africa.
There may come a time that the 2nd amendment may be needed because certain totalitarian types will need their minds ‘opened’.
Many have left, but many others either can't get out ( you need to find out what it takes for them to emigrate! ) or don't want to.
If your ancestors had come over on the Mayflower and recent invaders from Hatti or Mexico were to take over the American government and voted to take YOUR land, how would YOU feel ?
He wants them back, but as slaves. They are welcome back, but they cannot own anything and the lease offered gets returned to the government.
It’s a well deserved fate for anybody who takes up Mugabe on it.
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