Remgro CEO Jannie Durand warned that the government taking property without market-related compensation will have severely negative consequences for South Africa. Durand shared his views during a Biznews interview about the recent case of expropriation without compensation by the City of Ekurhuleni. The City of Ekurhuleni in the Gauteng province has expropriated a 34-hectare property, known as portion 406 of the Farm Driefontein, without compensation.
Sam Busa