Uncomplacent Corrigan: EWC could cost you your house - but not its mortgage bond

Loading player...
South Africa's Institute of Race Relations, the country's oldest think tank, will celebrate a century of existence in 2029. Based on classically liberal lines, speaking truth to power and challenging perceived wisdom comes with the territory - as does weathering populist storms initiated by political actors. But criticism has never deterred the IRR, so there should be little surprise to witness its spirited resistance to the ruling ANC government which despite the huge risks and ruinous Zimbabwean experience, remains determined to impose Expropriation of land Without Compensation. While politicians are soft-soaping the potential impact of EWC ambitions, the IRR warns that at its core this is an attack on property rights, which are the foundation of any successful democracy. In this podcast the IRR's Terence Corrigan warns against complacency, claiming that while farmers might be most at risk, confiscation of residential property cannot be discounted. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
17 Feb 2020 12PM English South Africa Investing · Business News

Other recent episodes

Dr Lennit Max: Non-racial, merit-based appointments of four new police commissioners

In his latest interview with Chris Steyn, former Western Cape Provincial Police Commissioner, Dr. Lennit Max hails the appointments of four new provincial commissioners. “This time around I am very pleased that the Acting National Commissioner in her wisdom decided that there's merit among people of colour.” He points out…
3 Aug 8AM 33 min

BN Daybreak: SA corruption probes; Trump’s Iran pause; SpaceX upcoming earnings, FIFA backlash

Today's BizNews Daybreak examines Japan’s US-coordinated currency intervention, OPEC+ production increases, and energy lobby opposition to US biofuels legislation. South Africa’s corruption commission delivers unprecedented accountability, while Donald Trump pauses planned Iran strikes pending rapid talks. Meanwhile, the S&P 500 opens at 7,489 and SpaceX prepares for a high-stakes earnings…
2 Aug 11PM 13 min

BN Daybreak: Apple earnings; Amazon AWS; RMB housing; Anglo’s SA exit; Tesla China sale

Today's BizNews Daybreak covers Apple's quarterly results, Rivian's SUV success, and Anthropic's AI breach, alongside a semiconductor rally driven by Microsoft and Oracle. Football federations oppose FIFA selling World Cup stakes, while Donald Trump claims a Gaza disarmament agreement. Meanwhile, Alec Hogg discusses Anglo American’s South Africa exit, RMB launches…
30 Jul 11PM 14 min