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

Cityboy is back: his tip to win big in financial services? Trade your soul

A former top-ranked City of London stockbroker has written a manual for winning at business, politics and life. There's just one catch: to follow it, you'd have to think like a psychopath. Geraint Anderson, the man behind the legendary "Cityboy" column, tells BizNews editor Alec Hogg why he built his…
30 Jul 9AM 32 min

R1-billion blended finance programme to transform real estate

In this interview with Chris Steyn, Alessandro Scalco of RMB Sustainable Finance shares the details of a R1 billion Blended Finance Programme to formalise and scale South Africa’s burgeoning affordable rental market. Rand Merchant Bank (RMB) has partnered with INDLU, a property financial technology company that empowers landowners to build,…
30 Jul 6AM 15 min

BN Daybreak: Ramaphosa interdict bid; Fed holds rates; Fauci's Fifth Amendment; Zambian kwacha

In today's episode, the Fed leaves interest rates unchanged amid a fractured vote and market sell-offs. Locally, four parties are challenging President Ramaphosa's impeachment interdict, while Treasury controversially releases funds to 69 failing municipalities. We also cover Dr. Fauci invoking the Fifth Amendment regarding the Covid-19 response, Zambia's kwacha surging…
29 Jul 11PM 16 min

Murder, mayhem, treachery, and court battles = SA politics: Solly Moeng

In his latest interview with Chris Steyn, Political Commentator Solly Moeng, talks about four political parties joining in a Constitutional Court bid to try and overturn President Cyril Ramaposa's impeachment committee interdict; a murder investigation into the death of General Sindile Mfazi, who was investigating an unauthorised undercover operation to…
29 Jul 5AM 15 min