US President attacks SA’s land expropriation intentions, rand slides

Published 5 years ago

South Africa’s land expropriation without compensation intentions have caught the attention of United States President Donald Trump.

Trump tweeted on Thursday morning.

A News report by Fox News stated that South Africa has began seizing land “from it’s own citizens because they are the wrong skin color”.

This follows after SA’s President Cyril Ramaphosa had a Q&A on land expropriation in Parliament on Wednesday, and just over a month after land hearings began around the country.

Trump’s comments sent the rand 1.87% lower to the dollar to 14.42 as fears spooked investors that sanctions could be imposed on South Africa.

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