The government of South Africa announced on Friday that President Cyril Ramaphosa secured another $10 billion in Chinese loans during his trip to Beijing last week, bring South Africa’s total economic stimulus and infrastructure financing from China up to $25 billion.
South Africa slid into an official recession Tuesday. The main culprit was a sharp contraction in the agricultural sector, which has been under political assault this year as the ruling African National Congress has pledged “expropriation without compensation.”
Forbes magazine contributor Lorenzo Montanari notes in a recent op-ed that President Donald Trump’s tweet about South Africa’s new policy of “expropriation without compensation” has exposed that land reform policy as a Venezuela-style scam.
South African farmers subjected to land expropriation without compensation will still have to pay off their debts for property which has been seized by the state, according to a major bank.
South African President Cyril Ramaphosa has written an op-ed in the Financial Times defending his country’s proposed new “expropriation without compensation” policy on land reform after criticism by U.S. President Donald Trump last week.
Contents: South Africa politics roiled by Trump tweet on killing white farmers; Cyril Ramaphosa defends land expropriation policy
President Donald Trump’s comments on South Africa on Wednesday evening burst the bubble of political correctness that has long shielded that country’s leaders from responsibility for self-destructive policies that have hurt black and white South Africans alike.
South African news sources reported Sunday that the government had begun taking farmland without compensation with the attempted expropriation of two game farms in Limpopo, the country’s northernmost province, home to Kruger National Park.
Theresa May’s government appears to be backing the Soviet-style policy of “land expropriation without compensation” aimed at dispossessing South Africa’s white farmers.
Contents: Zimbabwe’s post-election violence raises concerns about economy; South Africa announces plans for unpaid confiscation of white-owned farms.
Chinese Communist Party head Xi Jinping landed in South Africa Monday night for the third leg of his regional trip and spent Tuesday negotiating with President Cyril Ramaphosa, ultimately signing a million-dollar investment deal with his country.
In this week’s Delingpole podcast, special guest Simon Lincoln Reader discussed the violent farm murders and white genocide in South Africa, Lauren Southern’s ban from the UK, and the failed presidency of Cyril Ramaphosa.
Australia is ready to consider issuing special visas to mainly white, Afrikaans-speaking South African farmers due to the “horrific circumstances” of land seizures, violence and murder they face.
Many outlets have portrayed the policy as a “white genocide,” or an attempt to push white farmers off the land. But the problem is socialism, not racism.
South Africans are increasingly worried that the government’s plans to expropriate land without compensation could destroy the economy and the country’s fragile democracy.
Contents: Moving sharply left, South Africa calls for potentially disastrous land reform; Julius Malema and the Economic Freedom Fighters (EFF) movement
South Africa’s new president has vowed to pursue the same course as Zimbabwean tyrant Robert Mugabe, expropriating land from white farmers without compensation.
Cyril Ramaphosa, the head of South Africa’s majority African National Congress party, was elected president on Thursday just hours after President Jacob Zuma resigned.
Jacob Zuma, the president of South Africa, resigned on Wednesday in a nationwide address. Zuma was forced out by his own ruling party, the African National Congress (ANC).
The handwriting appears to be on the wall for South African President Jacob Zuma. A few days after opposition leaders spoke of a plan to use massive street demonstrations to compel Zuma’s political party to recall him, South African officials said Zuma’s resignation is imminent, possibly coming as soon as Monday.
Why should Americans care about the election of Cyril Ramaphosa to lead South Africa’s ruling African National Congress? There are three reasons.
South African Deputy President Cyril Ramaphosa was elected to lead the ruling African National Congress (ANC) at the party’s 54th conference in Johannesburg on Monday, lifting hopes for political reform and boosting the South African rand against the U.S. dollar.
