Here's What Cyril Ramaphosa Told Goldman Sachs About Land Expropriation Plans Yesterday

- | 2 months ago

There’s no time to rest when your country’s unemployment rate is a whopping 27,6%, so it was straight back to business for Cyril Ramaphosa following his party’s election win.

Yesterday, Ramaphosa spoke at an investor conference in Johannesburg, which was hosted by the Goldman Sachs Group, and the president discussed Eskom, the economy, and land reform. For those prone to panic, he sought to soothe the nerves, especially with regards to encouraging foreign investment.

Here’s Fin24: Ramaphosa, as he has repeatedly stated in the past, again said that land reform and expropriation without compensation would take place in an orderly manner, with no land grabs.

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