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

Published 6 years ago
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South Africa’s land expropriation without compensation intentions have caught the attention of United States President Donald Trump.

Trump tweeted on Thursday morning.

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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”.

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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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