The ANC government’s renewed efforts to fast-track expropriation of land without compensation are raising serious concerns, especially following Deputy President Paul Mashatile’s recent statements highlighting that land reform remains a high priority on the ANC’s agenda. “Land is everything,” said Mashatile, promising to “act swiftly,” despite the ANC’s previous unsuccessful attempt to amend the Constitution to enable expropriation without compensation.
In response, Bennie van Zyl, general manager of TLU SA, expressed grave concerns about the government’s approach. “The ANC is pushing an agenda that could cause the already fragile economy to collapse,” said Van Zyl. “Who will invest in a country where the state claims the right to confiscate assets without compensation? This mindset is simply absurd. Throughout the expropriation bill process and the attempts to amend Section 25 of the Constitution, TLU SA and other stakeholders have raised red flags about how irrational this framework is for economic growth.”
Van Zyl also referred to the Minister of Finance’s recent budget speech on 31 October 2024, in which he emphasized the importance of economic growth and job creation—goals that can only be achieved through a strong, trusted private sector. The private sector needs assurance that their investments are safe and not threatened by potential expropriation without compensation. “Sustainable job creation happens when the private sector can operate profitable businesses, and it’s the state’s duty to create an environment where people want to do business,” said Van Zyl.
“We continue to see red flags for the future of our economy. Instead of focusing on educating and empowering people on how to create wealth and play a responsible role in the economy, the government is engaging in emotional, ideological practices that put South Africa’s economic future at risk,” Van Zyl stressed.
He pointed out that the Department of Land Affairs itself admitted that over 90% of land previously transferred is now out of production. “Is the government truly so shortsighted as to steal the future of South Africa from every young person?”
TLU SA calls on all South Africans and stakeholders to support TLU SA’s initiatives to protect private property rights. It is essential that we work together to oppose legislation and policy directions that put our economy and future generations at risk.
TLU SA calls on all South Africans and stakeholders to support TLU SA’s initiatives, such as the TLU SA Charter for the Protection of Private Property Rights. It is essential that we work together to oppose legislation and policy directions that endanger our economy and future generations.
