Market Watch

South Africa's expropriation law unpacked

What's contained therein

Land seizure and South Africa's new expropriation law: scholar weighs up the act

Jo Adetunji

11 Ure Gelede - - 2025-02-05 00:00:00

South Africa has a new law to govern the expropriation (or compulsory acquisition) of private property by government for public purposes or in the public interest.The passing of th

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Katima Mulilo: 19° | 33° Rundu: 19° | 32° Eenhana: 19° | 30° Oshakati: 21° | 30° Ruacana: 19° | 27° Tsumeb: 19° | 33° Otjiwarongo: 18° | 32° Omaruru: 20° | 32° Windhoek: 19° | 29° Gobabis: 21° | 33° Henties Bay: 18° | 22° Wind speed: 18km/h, Wind direction: S, Low tide: 14:54, High tide: 08:30, Low Tide: 02:00, High tide: 21:12 Swakopmund: 18° | 18° Wind speed: 22km/h, Wind direction: SW, Low tide: 14:52, High tide: 08:28, Low Tide: 02:00, High tide: 21:10 Walvis Bay: 18° | 23° Wind speed: 25km/h, Wind direction: SW, Low tide: 14:52, High tide: 08:27, Low Tide: 02:00, High tide: 21:09 Rehoboth: 19° | 30° Mariental: 21° | 33° Keetmanshoop: 20° | 33° Aranos: 23° | 34° Lüderitz: 17° | 32° Ariamsvlei: 22° | 33° Oranjemund: 14° | 22° Luanda: 26° | 28° Gaborone: 21° | 35° Lubumbashi: 17° | 18° Mbabane: 19° | 25° Maseru: 16° | 23° Antananarivo: 18° | 22° Lilongwe: 17° | 28° Maputo: 23° | 34° Windhoek: 19° | 29° Cape Town: 17° | 23° Durban: 20° | 23° Johannesburg: 18° | 28° Dar es Salaam: 26° | 31° Lusaka: 17° | 26° Harare: 16° | 30° Currency: GBP to NAD 23.26 | EUR to NAD 19.39 | CNY to NAD 2.57 | USD to NAD 18.69 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.23 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 135.34 | USD to AOA 912 | USD to BWP 13.9 | USD to EGP 50.26 | USD to KES 129.2 | USD to NGN 1487.99 | USD to ZAR 18.59 | USD to ZMW 28.12 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 86452.63 Up +1.13% | Namibian Stock Exchange (NSX) Overall Index 1761.86 Up +0.86% | Casablanca Stock Exchange (CSE) MASI 16246.33 Up +0.23% | Egyptian Exchange (EGX) 30 Index 29668.47 Down -0.29% | Botswana Stock Exchange (BSE) DCI 10075.28 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 868.41/OZ UP +0.95% | Copper US$ 4.35/lb UP +0.34% | Zinc US$ 2 794.00/T DOWN -0.67% | Brent Crude Oil US$ 76.43/BBP DOWN -0.0033 | Platinum US$ 1 005.84/OZ UP +0.49% Sport results: Weather: Katima Mulilo: 19° | 33° Rundu: 19° | 32° Eenhana: 19° | 30° Oshakati: 21° | 30° Ruacana: 19° | 27° Tsumeb: 19° | 33° Otjiwarongo: 18° | 32° Omaruru: 20° | 32° Windhoek: 19° | 29° Gobabis: 21° | 33° Henties Bay: 18° | 22° Wind speed: 18km/h, Wind direction: S, Low tide: 14:54, High tide: 08:30, Low Tide: 02:00, High tide: 21:12 Swakopmund: 18° | 18° Wind speed: 22km/h, Wind direction: SW, Low tide: 14:52, High tide: 08:28, Low Tide: 02:00, High tide: 21:10 Walvis Bay: 18° | 23° Wind speed: 25km/h, Wind direction: SW, Low tide: 14:52, High tide: 08:27, Low Tide: 02:00, High tide: 21:09 Rehoboth: 19° | 30° Mariental: 21° | 33° Keetmanshoop: 20° | 33° Aranos: 23° | 34° Lüderitz: 17° | 32° Ariamsvlei: 22° | 33° Oranjemund: 14° | 22° Luanda: 26° | 28° Gaborone: 21° | 35° Lubumbashi: 17° | 18° Mbabane: 19° | 25° Maseru: 16° | 23° Antananarivo: 18° | 22° Lilongwe: 17° | 28° Maputo: 23° | 34° Windhoek: 19° | 29° Cape Town: 17° | 23° Durban: 20° | 23° Johannesburg: 18° | 28° Dar es Salaam: 26° | 31° Lusaka: 17° | 26° Harare: 16° | 30° Economic Indicators: Currency: GBP to NAD 23.26 | EUR to NAD 19.39 | CNY to NAD 2.57 | USD to NAD 18.69 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.23 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 135.34 | USD to AOA 912 | USD to BWP 13.9 | USD to EGP 50.26 | USD to KES 129.2 | USD to NGN 1487.99 | USD to ZAR 18.59 | USD to ZMW 28.12 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 86452.63 Up +1.13% | Namibian Stock Exchange (NSX) Overall Index 1761.86 Up +0.86% | Casablanca Stock Exchange (CSE) MASI 16246.33 Up +0.23% | Egyptian Exchange (EGX) 30 Index 29668.47 Down -0.29% | Botswana Stock Exchange (BSE) DCI 10075.28 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 868.41/OZ UP +0.95% | Copper US$ 4.35/lb UP +0.34% | Zinc US$ 2 794.00/T DOWN -0.67% | Brent Crude Oil US$ 76.43/BBP DOWN -0.0033 | Platinum US$ 1 005.84/OZ UP +0.49%