It's interesting to see what the rest of the world is being fed by our media. I however think that a lot will happen before this matter will be resolved, and there are a few things that will need to be taken into consideration.
1.First of all, it was not the Ruling Party that tabled this motion, it was Julius Malema from the EFF (who was the ANC Youth League leader). This after the ANC shot down this proposal 2 years ago. Malema has a vendetta, and is now trying to win votes from the poor South Africans by tabling motions, the ANC didn't table, basically this is a move to get more voters to join the EFF and leave the ANC. Because I think many South Africans will vote ANC now that Ramaphosa is president.
2. What this motion is about, is to amend our Constitution's section 25 regarding land and ownership thereof. And in order to do that, Parliament must have a 2/3 majority vote. Whether that will happen is something we don't know yet, and what deals will be made behind closed doors we also don't know.
3. But it will basically cripple our banking sector. 90% of the agricultural land in SA have mortgage bonds registered over them, some even having more than one bond. If the Government goes ahead with this stupid plan, they will basically take the land, and not pay the bank anything. The Owner of the property will then be freed from his financial obligation to the bank, and the bank will lose the money.
4. What Mr. Malema and his chronies forgot is that if you table this motion, it will be on all land, and not just agricultural land. Our Constitution doesn't seperate between agricultural land, land for commercial use, residential use or industrial use, it just talks of land in general. So what this means is that every square inch of land in SA will be up for grabs by the government. And this will have a massive impact on the economy.
5.But fear not, as there are other articles in our constitution that has to be taken into consideration, and even if this is passed, and section 25 has to be amended, the Constitutional Court can still rule that the amended legislation interferes with the other sections in the same constitution, and that it be scrapped/amended/reverted.
The government has been doing land expropriation since the early 2000's, and there are many examples of how they gave those very productive farms to a black community, only for it to become a wasteland.
The other issue is that if residential property becomes expropriated, then everyone will become squatters, and there are laws that protects them from having to leave immediately, in some cases squatters can stay up to 5 years on a property they don't own/rent legally.