Saturday, September 8, 2018

Expropriation without compensation could 'trigger classical banking crisis' – Nedbank

Expropriation without compensation could 'trigger classical banking crisis' – Nedbank: Expropriating property without compensation could 'trigger a classical banking crisis', Nedbank chief executive Mike Brown told MPs on Friday. Brown was participating in the last round of public hearings by a parliamentary committee probing whether section 25 of the Constitution needs to be amended to allow government to expropriate land without compensation in the interests of land reform.

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