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Land expropriations to continue in South Africa
January 7, 2018, 3:03 pm

South Africa’s ruling party the African National Congress (ANC) has reiterated that it will go ahead with the controversial expropriation of land without compensation plan.

In his maiden speech to ANC delegates last week, the party’s newly elected president, Cyril Ramaphosa, said the Radical Economic Transformation (RET) program, which aims to bring about land reforms and rural development, would be accelerated.

However, he emphasized, that implementation of the program needed to be done with care to avoid undermining the economy, agricultural production and food security. "The ANC has always taken care to seek to manage the economy of our country in a way that will advance the interest of our people," he said.

The ANC president assured party delegates that the newly elected national executive committee (NEC) will manage South Africa's economy with "due care". The ruling party announced on Wednesday evening that its committee on economic transformation has agreed to amend Section 25 of the Constitution to enable land expropriation without compensation.

Meanwhile, analysts fear that consequences of the ANC resolution would impact the country’s economy and that its impact may begin to be felt as early as next week.

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