{"id":5612,"date":"2021-05-11T18:51:13","date_gmt":"2021-05-11T16:51:13","guid":{"rendered":"https:\/\/www.tlu.co.za\/tlu-sa-reiterates-stance-against-expropriation-without-compensation-in-cooperation-with-ad-hoc-group-for-protection-of-private-ownership-2\/"},"modified":"2021-05-11T18:53:48","modified_gmt":"2021-05-11T16:53:48","slug":"tlu-sa-reiterates-stance-against-expropriation-without-compensation-in-cooperation-with-ad-hoc-group-for-protection-of-private-ownership-2","status":"publish","type":"post","link":"https:\/\/www.tlu.co.za\/en\/tlu-sa-reiterates-stance-against-expropriation-without-compensation-in-cooperation-with-ad-hoc-group-for-protection-of-private-ownership-2\/","title":{"rendered":"TLU SA reiterates stance against expropriation without compensation in cooperation with ad hoc group for protection of private ownership"},"content":{"rendered":"

From the comments at the Portfolio Committee on Public Works and Infrastructure\u2019s public hearings on the Expropriation Bill, it is clear the participants have no idea of the implications this bill holds. Thus it is up to the ad hoc group for the protection of private ownership to warn the public about the consequences for the country if the bill is implemented.<\/p>\n

During the (weekend\u2019s) hearings at Orange Farm, Gauteng participants said that the Covid-19 pandemic must be used to expedite the implementation of the Expropriation Bill to get access to public health care, police stations, better housing, jobs and economic opportunities.<\/p>\n

\u201cWhat they don\u2019t realise is that the Expropriation Bill will stand in the way of all of these services and opportunities,\u201d says Mr Henry Geldenhuys, the president of TLU SA. \u201cWho, in their right mind, would want to invest in a country where the constitution, as well as legislation, states the government can confiscate assets without paying for it?<\/p>\n

\u201cClearly, they don\u2019t realise that progress is a direct result of economic growth created by investment in the country. We deplore the ignorance of someone who cannot grasp the importance of foreign investments as the foundation of economic growth. It is, however, our responsibility to cement that principle \u2013 not just with ordinary people, but with politicians as well.\u201d<\/p>\n

TLU SA is part of the ad hoc group of more than 50 organisations, including agricultural representatives, civil society and political parties. The group meets regularly to discuss issues that threaten private ownership and plan actions against it.<\/p>\n

\u201cIt is unbelievable that Radical Economic Transformation (RET) is still the driving force of the ANC,\u201d says Mr Geldenhuys. \u201cThe National Democratic Revolution leads to socialism and communism, but these ideologies have never lead to success anywhere in the world. It is the ordinary South Africans who will bear the brunt, not the politicians.\u201d<\/p>\n

During the most recent meeting of the ad hoc group for the protection of private ownership, the participants agreed on various actions against expropriation without compensation. TLU SA will, as these steps are taken, shed more light.<\/p>\n

Even though the deadline for comment has passed, people can still support TLU SA\u2019s campaign against expropriation at the following link: https:\/\/www.tlu.co.za\/en\/expropriation-bill\/<\/a>.<\/p>\n

 <\/p>\n

Issued by: \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 TLU SA<\/em><\/strong><\/p>\n

Date:\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 11 May 2021<\/em><\/strong><\/p>\n

Enquiries:\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Mr Henry Geldenhuys, President TLU SA, \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Cell.: 083 560 1273<\/em><\/strong><\/p>\n

Mr Bennie van Zyl, General Manager TLU SA,\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Cell.: 082 466 4470 <\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

From the comments at the Portfolio Committee on Public Works and Infrastructure\u2019s public hearings on the Expropriation Bill, it is clear the participants have no idea of the implications this bill holds. Thus it is up to the ad hoc group for the protection of private ownership to warn the public about the consequences for […]<\/p>\n","protected":false},"author":413,"featured_media":5607,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[29],"tags":[132],"class_list":["post-5612","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news-english","tag-private-ownership"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t