US Secretary of State Mike Pompeo warns that the SA plan to expropriate land without compensation will be “disastrous” for the economy and the nation.

US Secretary of State Mike Pompeo warns that the SA plan to expropriate land without compensation will be “disastrous” for the economy and the nation.
US Secretary of State Mike Pompeo has warned that the South African government’s plan to expropriate land without compensation will be “disastrous” for the economy and the nation.
Mr Pompeo made the comments in Ethiopia, the final leg of his visit to Africa, which also saw him going to Angola and Senegal.
“South Africa is debating an amendment to permit the expropriation of private property without compensation. That would be disastrous for that economy, and most importantly for the South African people,” he was quoted by Bloomberg news agency as saying.
African economies needed “strong rule of law, respect for property rights [and] regulation that encourages investment”, he added.
South Africa’s President Cyril Ramaphosa has vowed to press ahead with amending the constitution to allow land expropriation without compensation in order to tackle the “historical injustice” caused by the white-minority rule.
Most of the country’s farms and agricultural holdings are owned by white farmers – 72% according to government statistics. White people make up 9% of the population.
The government’s plan has been fiercely resisted by the main opposition Democratic Alliance party, and mainly white lobby groups.
In 2018, US President Donald Trump said he had asked Mr Pompeo “to closely study the land and farm seizures and expropriations and the large-scale killing of farmers”.
The South African government said Mr Trump was “misinformed”, and it would take up the matter through diplomatic channels. – bbc

WELCOME EVERYONE: 297,445 MEMBERS, A Quarter of a million members, thank you for the fast growth, participation and continuous encouragement to others to join the group, and engage other progressive minded people in respectful and inclusive debate focused on information dissemination in issues that directly affect the ordinary person including human rights, good governance, accountability, transparency, housing, employment, development, girl child, equality, gender, peace, climate change, pollution, youth, freedom and more issues that directly affect the ordinary person. Information dissemination empowers the readers so that they are better placed to make well informed decisions and choices such as voting. Please feel free to add and encourage others to join.
INFORMATION IS POWER!-Thank you for the support. Please email all your articles, photos and breaking news, to newzimbabwe.vision@yahoo.com ,linkedin.com/in/sibusiso-ngwenya-563a572b ‘
Twitter-@sibungwen
or whatsapp to Mr Sibusiso Ngwenya 0044 79 3 9100534 for publication on the constantly growing online groups, currently standing as follows:
1) Zimbabwe Global News 297,445 Members
2) Newzimbabwevision.com website 24,763 likes
24,811 followers.
Manages Newzimbabwevision
Followed by 12,850
https://www.facebook.com/sibusiso.ngwenya.967/videos/10216973817674517/?t=4

Leave a Comment