Redistributing by edict until there’s little left for anyone – nervous banks weigh in
Banks are worried that South Africa is taking a wrong turn with laws being considered by the nation’s parliament that could leave the economy worse off.
Banks are worried that South Africa is taking a wrong turn with laws being considered by the nation’s parliament that could leave the economy worse off.
Most of the land now vested in the Ingonyama Trust could well be identified as ‘redistribution’ land under the Land Bill and targeted for expropriation by the state.