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Despite claims that the Expropriation Act does not allow for property confiscation, it explicitly permits expropriation without compensation. FMF Head of Policy, Martin van Staden, explains how this threatens property rights, economic stability, and South Africa’s preferential trade ties, including AGOA.
With U.S. foreign aid now at risk and investor confidence shaken, South Africans must oppose confiscatory policies. The FMF is hosting a crisis roundtable to coordinate a legal and international response.
Read our press release here: freemarketfoun...
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ABOUT THE FMF:
The Free Market Foundation (FMF) is a thinktank and independent public benefit organisation based in Johannesburg, South Africa.
The FMF stands for the right of all individuals to freely pursue their own aspirations without unwanted interference.
Our mission is to promote and defend the principles of individual liberty, private property, free enterprise, and limited government in southern Africa.