The recently released draft amendment to section 25 of the constitution is much ado about nothing.
Drafted to allow for the expropriation of land without compensation, the amendment has been met with a lot of anxiety and fear in business and political circles. Debate around it has damaged the economy, scaring local and foreign investors and helping to put paid to the Ramaphoria that came with Cyril Ramaphosa’s election as president of the country.
Like everything the government act without considering the consequences.
The changes will be damaging when they occur however all the uncertainty around these badly thought theu anc policies create uncertainty and this is even more damaging than the actual change when it comes to pass
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