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The Clubhouse Bar
South African Government To Seize Farms From White Farmers
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<blockquote data-quote="TRF_heineken" data-source="post: 912670" data-attributes="member: 40658"><p>Because the mining sector is old news. It used to be the main talking point regarding Nationalization, but after the whole Gupta-gate scandal, those discussions have left the media field and political fields (probably because a lot of politicians would benefit from this plan).</p><p></p><p>As for the reports of Anarchy, again, way OTT reports by media outlets looking for attention.</p><p></p><p>There is still a very long way to go, and it's not that the land will be nationalized either, the ANC last week stated, that should the Constitution be amended, then the expropriation of land will be in the form of giving ***le deeds to the new owner.</p><p></p><p>So basically the plan is to take away unused land and giving it to a new owner, but there are no transactions taking place, just the registration of transfer of property at the Deeds office.</p><p></p><p>But what they are forgetting is that most of this land have mortgage bonds over them, and there are money to paid before the mortgage bond can be cancelled.</p></blockquote><p></p>
[QUOTE="TRF_heineken, post: 912670, member: 40658"] Because the mining sector is old news. It used to be the main talking point regarding Nationalization, but after the whole Gupta-gate scandal, those discussions have left the media field and political fields (probably because a lot of politicians would benefit from this plan). As for the reports of Anarchy, again, way OTT reports by media outlets looking for attention. There is still a very long way to go, and it's not that the land will be nationalized either, the ANC last week stated, that should the Constitution be amended, then the expropriation of land will be in the form of giving ***le deeds to the new owner. So basically the plan is to take away unused land and giving it to a new owner, but there are no transactions taking place, just the registration of transfer of property at the Deeds office. But what they are forgetting is that most of this land have mortgage bonds over them, and there are money to paid before the mortgage bond can be cancelled. [/QUOTE]
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South African Government To Seize Farms From White Farmers
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