South Africa’s newly signed Expropriation Act, which permits the seizure of property without compensation, has triggered widespread criticism across political, legal, and economic circles. Critics argue the law undermines property rights, investor confidence, and democratic accountability, warning it may deepen economic instability and social inequality—especially for the poor it claims to uplift. Introduced under the ANC-led government and signed into law after the 2024 formation of a Government of National Unity (GNU), the Act is seen by many as a populist policy move aimed at appeasing the ANC's left-wing factions and former breakaway parties such as the EFF and MK.
Guest; William Gumede: Professor of practice, School of Governance, University of the Witwatersrand, and author.