Land expropriation without compensation has been a popular topic for quite some time now. The ANC first openly discussed the topic at its national elective conference in December of last year. During the National Assembly in February, the EFF pushed through a motion supporting land expropriation without compensation, which the ANC supported. However, it wasn’t until Tuesday that it was confirmed that the ANC will seek a constitutional amendment to expropriate land without compensation. President Cyril Ramaphosa gave his speech on land expropriation during an economic update as part of a two-day ANC lekgotla.
He said, “The ANC will, through the parliamentary process, finalise a proposed amendment to the constitution that outlines more clearly the conditions under which expropriation of land without compensation can be effected.”
His words were quite controversial and had wide-spread effects. Prior to his talk, the rand was trading at R13.10 to the dollar, which changed to R13.26 directly following his speech.
Ramaphosa claims that the amendment to Section 25 of the constitution, to allow land expropriation without compensation, would improve both economic development and food security and readjust spatial inequalities in urban areas.
By: Mikayla Tetreault, Staff Writer