Reserve Bank Governor and Chairperson of the Policy Steering Committee of the International Monetary Fund (IMF) Lesetja Kganyago says the South African government has made it clear that any expropriation of land without compensation should take place within the constitution.
He was addressing the media in Washington, where’s he has been attending the International Monetary Fund-World Bank meetings.
The National Assembly met in February to vote on a motion proposed by the EFF, with amendments by the ANC, that Parliament’s Constitutional Review Committee investigate mechanisms through which land can be expropriated without compensation.
“The constitution does provide for the expropriation of land, by the way, without compensation – provided that a particular test is made. South Africa is a constitutional democracy. Everything that takes place in the country takes place according to the constitution. We have got institutions that protect our democracy, and South Africans over the years have learnt how to utilise those institutions to enforce their rights, but also more importantly, to protect their own democracy,” he said.
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