Eight reasons SA land grab legislation is evil – business heavyweight

biznews.com

- biznews.com | a week ago

Warnings that proposals to amend South Africa’s Constitution to facilitate land expropriation and transfer wealth to the have-nots will damage the country have fallen on deaf ears.

One after the other, South Africa’s pre-eminent scholars, thought leaders and business strategists have tried to highlight that South Africa will head down the same path Zimbabwe has taken into ruin if we press ahead with the same laws and policies instituted in the Mugabe era. But, there has continued to be a strong push for the legislation by individuals within the ANC and the Economic Freedom Fighters.

In this sobering piece, entrepreneur and economist Lawrence McCrystal distils the problems with the proposal into eight simple, compelling reasons why South Africa should ditch the idea of land grabs – and fast.

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