Last week South Africa received a $1 billion loan from the New Development Bank, the bank set up by the Brazil, Russia, India, China, and ourselves, often known as the Brics bank.
A Cheshire Cat and Two Red Herrings – what ‘nil’ compensation is likely to mean in practice
- South Africa
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Last week the Ad Hoc Committee responsible for drafting an expropriation-without- compensation (EWC) constitutional amendment bill (the EWC Bill) invited three ministers, including minister of mineral resources and energy Gwede Mantashe, to put forward their comments on its draft to date.
Much political, legislative and administrative time has been consumed by debate over expropriation without compensation, but it is worth recalling that in 1997 the ANC’s land reform policy was formulated along three pillars: restitution, redistribution and land reform.
The Expropriation Without Compensation Bill, currently before Parliament, has the potential of devastating the South African economy.
Expropriation Bill is not as bad as portrayed, but the crux lies in implementation
- South Africa
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For a country desperate for higher rates of investment to ignite sustainable economic growth, the Expropriation Bill, and the headlines that have accompanied its passage through parliament’s consultation processes, could not have been more poorly timed.
If inflation is kept in check, there’s a good chance the economic boom will last
- South Africa
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Judging by recently reported indicators of global economic activity, this outlook is now being borne out.
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- Veterinary organisations, including the South African Veterinary Association (SAVA), the SAVA Wildlife Group, and the Rural Veterinary Association of South Africa (RuVASA), have strongly criticised the Department of Agriculture’s proposed national vaccination scheme for foot-and-mouth disease (FMD).
- We would like to offer potential buyers the opportunity to acquire one of the following Exclusive farms. Due to the Brands and Clientele involved the confidentiality of all information will be handled with the utmost discretion. A recent partnership with industry experts allows us to offer these farms to international buyers, the farms concerned will never be available on the open market.
- South Africa’s citrus farmers report that their produce has started arriving in Middle East markets despite the effective closure of the Strait of Hormuz.According to the Citrus Growers’ Association (CGA), exporters are using alternative routes, and supply to the region is continuing largely as planned.
- The Minister of Agriculture, Mr John Steenhuisen, did not attend today’s court proceedings in Pretoria.The court issued the following order:The First to Third Respondents are directed to publish the final Section 10 Scheme by no later than 5 May 2026.
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