#CR17 Let South Africans meet on your land expropriation decision Mr Ramaphosa!
After a plenary debate, so furious as to have threatened the collapse of its conference last Wednesday, the African National Congress (ANC) announced a decision to allow for land expropriation without compensation… subject to a “sustainability test” to ensure that food security is not threatened, and the economy not undermined.
Is the new ANC President making populist noise for political positioning? Is he admitting continuing ANC land distribution failure?
The decision has been criticised as being an “economic time bomb”; “economic suicide”. It is said that the decision is vague; that financial markets will divest; that investor confidence will be shattered.
It is said that there is anger, but also acceptance for a sustainable solution. Only one fact is certain: people are in a panic and at best uncertain of the ANC’s renewed land expropriation drive.
The United Democratic Movement (UDM) therefore urges Government to call an immediate summit of all stakeholders, including - but not limited to - political parties, business, agricultural and civil rights role-players, to clarify the intention and the procedure and the effect of the ANC’s land expropriation decision: