Newly appointed finance minister adviser advocated nationalization

Die Vryburger

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prof Chris Malikane - Image - Die Vryburger

The newly appointed adviser, Prof. Chris Malikane, to the newly appointed finance minister, wrote an article under the heading “Our chance to complete the revolution,” and therein he advocated publicly that banks should be nationalized, including mines and insurance companies. He also believes that all land should be expropriated without compensation to the owners.

These comments will deter investors even further after the country has been declared junk status by two rating companies.

Read the original article in Afrikaans on Die Vryburger

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