Expropriation: AfriBusiness uses double-barrel strategy
10 June 2016
AfriBusiness sent a petition to President Jacob Zuma to stop the signing of the Expropriation bill, and to urge the President to return the bill to Parliament for reconsideration. AfriBusiness challenges the substance of the bill, as well as the process that led to its acceptance.
Substantive grounds:
As far as the substance of the bill is concerned, AfriBusiness argues that, amongst others:
- there is uncertainty about how compensation will be paid for expropriation; and