01 March 2016
By Anthea Jeffery
The day before finance minister Pravin Gordhan delivered a budget speech that was supposed to show how South Africa’s economy is being turned around, the National Assembly quietly adopted the Expropriation Bill of 2015, which is sure to damage investment and further constrain economic growth.
The office of the ANC chief whip applauded the passage of the Bill, describing it as ‘the key to our transformation trajectory’ and claiming it will ‘bring the long-awaited justice to the dispossessed majority’.
Read the full article from BizNews.