SA’s economic policies are distinct and dangerous global outliers. We’re not going to outwit, outplay and outlast similar socialist-leaning countries. They long ago woke up to smell the entrepreneurial roses.
Reading the latest ANC statement on expropriation of land without compensation it is clear that two things will soon happen. The existing Constitutional section will be tested while the lengthier process of amending it begins and legislation eliminating ambiguities is enacted.
With the international media spotlight focused on talk in SA of land expropriation, a suggestion has been published in the Financial Times to fix apartheid’s wrongs with a hefty inheritance tax aimed at whites.