{"id":847557,"date":"2026-01-10T18:49:52","date_gmt":"2026-01-10T16:49:52","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=847557"},"modified":"2026-01-10T18:49:57","modified_gmt":"2026-01-10T16:49:57","slug":"anc-wants-to-expropriate-land-without-paying-for-it","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/847557\/anc-wants-to-expropriate-land-without-paying-for-it\/","title":{"rendered":"ANC wants to expropriate land without paying for it"},"content":{"rendered":"\n

ANC Secretary-General Fikile Mbalula has reiterated the party\u2019s plan to expropriate land without compensation, saying it should be implemented.<\/p>\n\n\n\n

Mbalula was addressing a rally in Mogwase in Rustenburg ahead of the ANC\u2019s January 8  celebrations on Saturday, 10 January 2026.<\/p>\n\n\n\n

He argued that expropriation without compensation would help to support the participation of black people in the economy.<\/p>\n\n\n\n

During his speech, he told ANC supporters that they should never apologise for taking part in the South African economy.<\/p>\n\n\n\n

\u201cThis economy is not only about tenders. It’s about owning the mines. It is about participating in the means of production of this economy,\u201d he said.<\/p>\n\n\n\n

\u201cIt’s about ensuring that young people do emerge from being entrepreneurs to become petty bourgeoisie.\u201d<\/p>\n\n\n\n

The petty bourgeoisie is a Marxist term for the “little” middle class, comprising small business owners, shopkeepers, artisans, and self-employed individuals.<\/p>\n\n\n\n

They own some means of production but must also work, placing them between the wealthy bourgeoisie (owners) and the proletariat (workers).<\/p>\n\n\n\n

They aspire to the upper-class lifestyle but often feel threatened by both big capital and the working class.<\/p>\n\n\n\n

This, according to Marxist theory, leads to unstable political views, sometimes supporting progressive causes but often acting as a reactionary force.<\/p>\n\n\n\n

He said it should not be the case that billionaire Patrice Motsepe is the only black entrepreneur and businessman to have become wealthy.<\/p>\n\n\n\n

\u201cThat is why nationalisation of the South African Reserve Bank is a resolution of the ANC. It must be implemented,\u201d Mbalula said.<\/p>\n\n\n\n

\u201cComrades, expropriation of land without compensation when we get back our power must be implemented.\u201d<\/p>\n\n\n\n

He said the ANC has lost many opportunities when it lost its majority in the 2024 general elections in South Africa.<\/p>\n\n\n\n

However, he added that the ANC should stop complaining and not behave as if it were not in power. \u201cWe are governing this country,\u201d he said.<\/p>\n\n\n\n

Expropriation without compensation a recipe for disaster<\/h2>\n\n\n\n
\"\"<\/a>
Dawie Roodt<\/figcaption><\/figure>\n\n\n\n

Many economists and analysts have warned that expropriation without compensation is a recipe for disaster, as seen in the collapse of Zimbabwe\u2019s economy.<\/p>\n\n\n\n

AgriSA CEO Johann Kotz\u00e9 expressed his disappointment when President Cyril Ramaphosa signed the Expropriation Bill into law on 23 January 2025.<\/p>\n\n\n\n

The bill facilitates the expropriation of land with nil compensation under specified conditions in the public interest.<\/p>\n\n\n\n

\u201cThe signing of the Expropriation Bill poses a risk to private property rights, which is the primary basis on which South African agriculture is structured,\u201d he said.<\/p>\n\n\n\n

He added that the Expropriation Bill poses a risk to agricultural sustainability and food security in South Africa.<\/p>\n\n\n\n

AgriSA said that although it supports transformation and land reform in the agricultural sector, it must not come at the expense of the economy and investor confidence.<\/p>\n\n\n\n

The Banking Association of South Africa has previously explained that expropriation without compensation will reduce the capacity of banks to extend credit.<\/p>\n\n\n\n

Entrepreneurs often use this credit from banks for personal development and to improve people\u2019s living standards.<\/p>\n\n\n\n

\u201cExpropriation of land at below market value will have dire consequences for all South Africans if not managed in an orderly manner,\u201d it said.<\/p>\n\n\n\n

The United States government has also expressed grave concern over South Africa’s trajectory on property rights, particularly with the expropriation bill.<\/p>\n\n\n\n

Renowned economist Dawie Roodt said the Expropriation Act grants South African politicians the right to steal people\u2019s property.<\/p>\n\n\n\n

\u201cThe term expropriation is just another term for theft. This is what the state does when it takes people\u2019s property.\u201d<\/p>\n\n\n\n

He explained that the state\u2019s primary role is to protect its citizens and their property, ensuring that they are always safe.<\/p>\n\n\n\n

When the state fails to perform this duty, it breaches its social contract with its citizens, which can lead to a decline in tax payments.<\/p>\n\n\n\n

\u201cWhen the state starts threatening to steal my property, I no longer have a duty to pay taxes to the government,\u201d he argued.<\/p>\n","protected":false},"excerpt":{"rendered":"

ANC Secretary-General Fikile Mbalula has reiterated the party\u2019s plan to expropriate land without compensation, saying it should be implemented. <\/p>\n","protected":false},"author":10,"featured_media":847559,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[1875,20441,21717,24473,10409],"class_list":["post-847557","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-government","tag-anc","tag-banking-association-of-south-africa","tag-expropriation-act","tag-expropriation-without-compensation","tag-fikile-mbalula"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/847557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=847557"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/847557\/revisions"}],"predecessor-version":[{"id":847558,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/847557\/revisions\/847558"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/847559"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=847557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=847557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=847557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}