Strong property rights are vital

news24.com

- news24.com | 4 months ago

THE ANC and EFF MPs who voted in favour of amending the property clause in the Constitution said that it must not harm the economy or agricultural sector — a contradiction.

The pillar of agriculture in particular, and the economy in general, is the establishment of a strong property rights regime. No one will plant a measly potato or build a factory if it stands to be confiscated.

It’s like saying, “I will take your house but I will not deprive you of a roof over your head.

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