South Africa's land expropriation unnerves investors - World Bank executive


  • World
  • Wednesday, 14 Nov 2018

LIVINGSTONE, Zambia (Reuters) - Plans by South Africa's ruling African National Congress (ANC) to change the constitution to allow the expropriation of land without compensation have unnerved investors, a senior World Bank group executive said on Wednesday.

President Cyril Ramaphosa's party has made the acceleration of land redistribution a key issue ahead of 2019 elections, while pledging to carry out land reform in a way that does not threaten food security.

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