Does Business for SA want good policies or just certainty, even if that means confirmation of a destructive path?
Business for SA’s proposal for post-pandemic recovery has provoked much discussion, in part because an economic strategy centred on the private sector is infinitely more credible than one built around our compromised state.
In respect of property rights and land reform, it requests “clarity” and “resolution”. Investment would be promoted “if property rights can be absolutely clear and backed by legislation and institutions”. “Clear rights for rural tenants” should promote inclusion. Shortly before the pandemic the ANC indicated that it wished to amend the constitution to place decisions on compensation in the hands of the executive as opposed to the courts. “Certainty” about this would hardly be encouraging for business or investment.
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