‘Expropriation without compensation won’t be applied widely, or like in Zim’
The government gazetted an amended Expropriation Bill on Friday.

Related articles:
-
Land reform – done right – can make South Africa prosperous (and more peaceful)
-
Invest in cattle and 'earn between 13% and 15%'. Got R500? No farming required
“It is a recognition of the urgency required to address the injustices of the past and restore land rights in a responsible manner, whilst ensuring that food security is maintained; that equitable spatial justice is achieved, and that continuation of investment to expand our industrial base is secured,” said Deputy President David Mabuza.
The Bill provides certainty because it clearly outlines how and when land may be expropriated, says the government.
The wording of the Bill makes productive land safe from expropriation.
The Money Show’s Bruce Whitfield interviewed Bulelwa Mabasa, a member of the President's Land Reform Advisory Panel.
We could still see an amendment [of Section 25 of the Constitution] …
Bulelwa Mabasa, member - President's Land Reform Advisory Panel
Expropriation is only one tool available to the State… Although it enjoys the lion’s share in the public forum, it won’t be applied widely and only in limited circumferences…
Bulelwa Mabasa, member - President's Land Reform Advisory Panel
Expropriation has always been with us… The difference now is that it has to be in accordance with the Constitution...
Bulelwa Mabasa, member - President's Land Reform Advisory Panel
Expropriation without compensation is not akin to nationalisation… Quite the contrary to what happened in Zimbabwe… The state has to give good reasons... it has to give the landowner an opportunity to object… Not all expropriations will attract zero compensation… Only under exceptional circumstances…
Bulelwa Mabasa, member - President's Land Reform Advisory Panel
Listen to the interview in the audio below.
This article first appeared on CapeTalk : ‘Expropriation without compensation won’t be applied widely, or like in Zim’
More from Business

'State-sponsored corruption should outrage South Africans' - Sars commissioner
'I'm infuriated!' Commissioner Edward Kieswetter says he feels the need to speak truth to power. Strong words on The Money Show.
Read More
As export sales boost profit, Distell (Savanna, Klippies) eyes Africa expansion
Despite the killer liquor bans in SA, Distell posted a double-digit profit for 2nd half of 2020 says Group CEO Richard Rushton.
Read More
Woolworths' online food sales soar, but fashion business 'disappointing'
Woolworths is not paying an interim dividend, despite strong profit increase. The Money Show interviews Group CEO Roy Bagattini.
Read More
Discovery results: 'Strong operating performance, well-positioned for growth'
Earnings were negatively impacted by exchange rate volatility but Covid-19 provisions resilient, says Group CEO Adrian Gore.
Read More
Strong recovery for 2nd half of 2020 sees Anglo American weather a tough year
'I am immensely proud of how our team of more than 95,000 people across Anglo American pulled together' says CEO Mark Cutifani.
Read More
Sars plans to tax retirement funds if you leave SA, target offshore assets
The proposal to tax retirement fund members when no longer tax-resident in SA is not unreasonable, says Prof. Osman Mollagee.
Read More
Med scheme covers chemo treatment but not weekly Covid test required by hospital
Consumer ninja Wendy Knowler follows up on the case of a patient who'd been paying his membership dues for more than 40 years.
Read More
No tax increases: A 'good news' Budget but SA not out of the woods
'We owe a lot of people a lot of money' says Tito Mboweni. Wide-ranging reaction to Budget 2021 on The Money Show.
Read More
Facebook and Australia, what it means for the rest of us
Will the deal with Australia help publishers around the world?
Read More
How much more alcohol will cost you after Mboweni's 2021 Budget Speech
Once again this year, you’ll be paying more for your sins.
Read MoreMore from Politics

What the new Level 1 means
President Cyril Ramaphosa has announced that the new alert level will come into effect once the regulations have been gazetted.
Read More
Fellow South Africans ... this is what happens before the president's addresses
This article sets out the processes that the Presidency and the National Coronavirus Command Council undertake to update South Africans.
Read More
He's not above the law – Ramaphosa comments on Zuma's ConCourt defiance
He said no one was above the law, including former President Jacob Zuma, who has defied a Constitutional Court order by refusing to appear before the Zondo commission.
Read More
NPA still studying judgment that found Bongani Bongo not guilty of corruption
National Prosecuting Authority regional spokesperson Eric Ntabazalila weighs in on the Western Cape High Court ruling.
Read More
'State-sponsored corruption should outrage South Africans' - Sars commissioner
'I'm infuriated!' Commissioner Edward Kieswetter says he feels the need to speak truth to power. Strong words on The Money Show.
Read More
Julius and I are friends but we rarely discuss politics when together - Mbalula
Minister Khumbudzo Ntshavheni says she is naturally a very jovial person but not as charismatic as Razzmatazz (Fikile).
Read More
'Govt wants to destroy alcohol industry and boost illicit market with 8% hike'
National Liquor Traders Council national convener Lucky Ntimane says the industry is disappointed by tax increase on alcohol.
Read More
Govt wants to avoid slashing public servant salaries at all costs - Mogajane
National Treasury director-general Dondo Mogajane reflects on Finance Minister Tito Mboweni 2021 budget speech.
Read More
No tax increases: A 'good news' Budget but SA not out of the woods
'We owe a lot of people a lot of money' says Tito Mboweni. Wide-ranging reaction to Budget 2021 on The Money Show.
Read More
SIU to investigate tender irregularities involving Zweli Mkhize's associates
Daily Maverick, Scorpio investigative journalist Pieter Louis Myburgh reflects on alleged tender awarded to Digital Vibes.
Read MoreMore from Opinion

'State-sponsored corruption should outrage South Africans' - Sars commissioner
'I'm infuriated!' Commissioner Edward Kieswetter says he feels the need to speak truth to power. Strong words on The Money Show.
Read More
Does an emotive Sars advert make you feel better about paying tax?
It's Budget day tomorrow and branding expert Sizakele Marutlulle chooses a topical campaign as her advertising hero of the week.
Read More
A South African fraudster fleeced US Big Tech out of R620 million ($42 million)
Stephen Timm on his new book, "At Any Cost: The South African Fraudster Who Took the Tech World for More Than $40 million".
Read More
We’re producing in the hopes we’ll see an uptick - Jack Black founder
The Money Show’s Bruce Whitfield asks Jack Black founder Ross McCulloch if he has any tips for Tito.
Read More
'Mboweni must remember revenue windfall means SA just in slightly smaller hole'
Tips for Tito: The Money Show interviews Ninety One's Nazmeera Moola ahead of the finance minister's Budget speech next week.
Read More
We don’t understand the gravity of the profession – accounting student
"Medical students understand they have someone’s life in their hands," says a young accounting student in a stirring call.
Read More
Bitcoin breaks through $50k - digital gold?
'It's critical to understand the changing nature of money.' Bruce Whitfield interviews Farzam Ehsani (VALR.com.) on The Money Show
Read More
Few believed in me. Most actively discouraged me - Heyneke Meyer pens book
Bruce Whitfield interviews former Springbok coach Heyneke Meyer about his new book "My Notes on Leadership and Life".
Read More
Markus Jooste is fighting back. Deloitte to pay R1.3bn to Steinhoff claimants
Bruce Whitfield interviews FM Editor Rob Rose, author of "Steinheist: Markus Jooste, Steinhoff and SA’s biggest corporate fraud".
Read More
Zuma must go to jail for contempt of court, if found guilty - Zondo to Concourt
The Money Show's Bruce Whitfield interviews Justice Zak Yacoob (former ConCourt judge) and Ferial Haffajee (Daily Maverick).
Read More