Faizel Patel, Radio Islam News – 12-08-2018
The Institute for Race Relations (IRR) says while it’s difficult to draw a direct link between expropriation of land without compensation and the current rise in land grabs in the country, politicians must proceed cautiously with any policy that is likely to inflame tensions.
The organisation says the economic implications of expropriation without compensation which risks jeopardising South Africa’s economic recovery, are matched by the damage politicians are doing in their handling of the debate.
The warning from Frans Cronje, CEO of the IRR arises from engagements with communities of concerned South Africans over the past week.
IRR’s Terence Corrigan says there is growing concern among ordinary people, business owners, and foreign investors about the implications of expropriation of land without compensation.
“That has now become the central issue. Dr. Cronje and I have both been talking to business people, both here and abroad and the word “uninvestable” is coming up again and again and this often by people who have substantial holdings in South Africa by people who are I would say you know were friends of the country.”
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