The reputational damage to the country is likely to be profound. The message to current and potential investors – large or small is that their assets are vulnerable. This is guaranteed to compound South Africa’s malaise. Without secure protection of people’s property rights, whether against the mob or the state, a future of growth and opportunity is impossible.
AuthorTerence Corrigan
Terence Corrigan is a project manager at the Institute of Race Relations, South Africa’s oldest think tank promoting individual and societal freedom. Readers are invited to join the IRR by sending an SMS to 32823 (SMSes cost R1, Ts and Cs apply).
