President Cyril Ramaphosa's acknowledgement in last week's Opening of Parliament speech that property rights are key to economic success is to be welcomed, but clarity is needed on the Expropriation Bill and the ANC's commitment to expropriation without compensation (EWC).
In his speech, Ramaphosa said that “the provision of title deeds for land […] provides people with the assets they can use to improve their economic position.”
This shows that the president recognises how important property rights are for economic development and prosperity.
And yet the spectre of EWC still looms over the country.
- This is an excerpt of a column by IRR researcher Chris Patterson you can read here: "Ramaphosa’s endorsement of property rights welcome, but clarity needed on EWC – IRR."
