The ruling communist party in South Africa, also known as the African National Congress (ANC) recently announced that it will expropriate white settlers’ land without compensation. ANC also declared its intention to make the privately held Reserve Bank a state owned entity, i.e. the nationalization of the country’s central bank. Obviously, these two announcements sent the country’s currency (the rand) plummeting on the currency exchange.
According to a senior party official earlier this week (on Wednesday), the African National Congress just adopted a resolution which calls for land expropriation without compensation and the nationalization of South Africa’s central bank, so this is as official as it gets. It’s obvious that any mention of nationalization coming from South Africa’s communist government is guaranteed to scare investors, as ANC officials also called in the past for the nationalization of the country’s banks and mines. Twenty years after the end of apartheid, land is a very sensitive issue, and the ANC is trying to resolve (by force, in good communist tradition) so-called racial disparities in land ownership. The vast majority of land owners (farmers) in South Africa are white and that’s not acceptable. Also, even if South Africa’s central bank is privately owned and it has been since its inception back in 1921, the shareholders have zero control over banking regulation, financial stability policy or monetary policy.
ANC’s Enoch Godongwana, who is the chief of the party’s economic transformation committee has been quoted as saying that nationalizing the central bank would not affect its independence. He also said that the African National Congress is set to initiate constitution amendments to achieve their goals, i.e. land expropriations without compensation and so forth and so on, but he did not offer a specific timeline.
The colonization of South Africa by European settlers between the 15th and 16th century was common practice internationally speaking. During the 16th to 17th centuries, only 30% of South Africa was suitable for permanent settlement, because of a shortage of drinking water. The indigenous nations or groups ( Koi San ) moved ( trekked ) around to find grazing land for their cattle. It was only after the European settlers drilled boreholes for drinking water that the other 70% of South Africa became fit for permanent habitation. When Jan van Riebeeck landed in the Cape in 1652, he was met by Harry, leader of the Bushmen group. Historians agree that the Bushmen (San) and the Hottentot ( Khoi ), were indigenous people living in South Africa when Jan van Riebeeck arrived in the Cape. They practiced a nomadic lifestyle roaming the southern part of Africa. In their culture, they did not own land, they used it. In 1658 Jan van Riebeeck reached an agreement with the Khoi that Liesbeeck and the Salt Rivers would be regarded as the border between the Khoi and the white settlers. On April 19th 1572 after negotiations with captain Schacher, land between Hout Bay and Saldanha, was transferred as farming land to the Cape Government.
A current South African governmental leader said: “We are not calling for the slaughter of white people‚ at least for now” and he is being entertained by the British Representatives. This defies common sense and logic. The writing is on the wall for white South African farmers, and the world’s nations will stand by once again and do nothing while a genocide occurs.
This time though, too many will say, “They deserve it because of the history of Apartheid and because they are white.” No, two wrongs do not make a right. There is no justification for stealing someone’s property; there is no justification for the rape, torturing, and murder of people; there is no justification for the hatred these governmental officials are espousing; and there is no justification for the genocide that they seem willing to unleash!