ping...
Posted on 05/28/2016 3:26:36 PM PDT by dontreadthis
South Africa’s 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 Africa’s Mail & Guardian reports.
Having passed the National Assembly, which added changes on Thursday, the bill will now head to President Jacob Zuma’s 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, that’s 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 there’s 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 land’s “current use”, “history of the acquisition” and “the purpose of expropriation.”
One ray of light for the landowners is the possibility of appealing a court’s decision on the amount of rand paid out.
The expropriation bill could also hurt investment into South Africa, economists and farmers worry – an issue that’s especially salient after a recent drought so severe it led to farmland seizures across the border in Zimbabwe.
The government says it’s 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 weren’t 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.”
Relating back to Venezuela look at the corporations Chavez seized or they decided to leave and eventually the economy sinks. The same damn formula everytime but dumb people fall for it and their tyrant leaders live like royalty. Unfortunately we have a mild form of that now here in the USA. Until further notice-—
[[I think they are already having food problems. I have recently read about farms lost by white farmers and the blacks have destroyed them. One in particular was a mango farm, it had been in a white family for generations. The blacks cut down all the trees for firewood.
The power grid now routinely goes out. It’s a frikking mess.
Some people’s can’t civilization very well. ]]
The food problems they are having are only the beginning.
They are still being fed by white farmers .
South Africa was built by white farms , the blacks came into the area to get some work like the palestinians did to Israel . The blacks in the area were not farmers but gatherers and herders .
You can’t take land from farmers and hand it to people who do not know how to farm and expect to feed the nation.
...S. Africa bill to redistribute whites’ land to blacks risks leaving people homeless...
Robert Mugabe skipped the buying part in Zimbabwe,formerly Rhodesia. The seized farms were quickly moved into by the indigenous population, whose farming “efforts” rapidly failed 100% since they had zero idea how to farm.
ping...
Instead of driving Atlas to shrug, they simply take his burden.
The end result will be the same.
When you reach a point of no return the other side starts redistributing bullets.
Hey man ! They are moving back to their ROOTS...
No runing water, no toilets, no radio,tv etc etc
Coming to America
I thought of Russia also. They could bring in productive industrious farmers.
But that would depend on Moscow having enough brains.
Unfortunately, Russia’s leaders are just as bought and sold as our Western leaders by our Muslim masters.
I think this is a Russia Times article. I suspect it is on the Kremlins fax machine speed-dial.
No problem, the dimocraps will just import them to the U.S. and sign them up on our welfare system...that is, as long as they promise to vote for the dimocraps....
Coming soon to a country near you.
The Mugabe song:
https://www.youtube.com/watch?v=tXkBZBx7FH0
1. Take land from farmers.
2. Give it to non-farmers.
3. Wait, what happened to the food?
Exactly what has happened in Venezuela.
It won’t take near that long. Where they have done a similar thing in other parts of Africa, the land is no longer productive and corruption runs ramped.
Even in Europe.
Replace ‘whites’ with ‘jews’ and this contemporary news story becomes an instant history lesson.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.