Connect with us

Hi, what are you looking for?

Latest News

South Africa’s Ramaphosa speaks to Elon Musk about ‘misinformation,’ presidency says

South African President Cyril Ramaphosa spoke to Elon Musk “on issues of misinformation and distortions about South Africa,” the presidency announced on Tuesday.

“In the process, the President reiterated South Africa’s constitutionally embedded values of the respect for the rule of law, justice, fairness and equality,” it said.

The presidency said the pair spoke on Monday, a day after US President Donald Trump threatened to cut off aid to South Africa over the alleged mistreatment of White farmers in the country.

In a blistering post on Truth Social, Trump said he would halt funding until there was a full investigation into allegations that “South Africa is confiscating land, and treating certain classes of people VERY BADLY.”

Trump said “massive” human rights violations were happening in South Africa “for all to see,” without giving details or providing evidence.

Ramaphosa on Monday denied that South African authorities were “confiscating land” and said his country was looking forward to working with the Trump administration “over our land reform policy.”

Trump’s complaint, which he also made in 2018 during his first term in the White House, refers to South Africa’s complex land reform.

During South Africa’s apartheid era, racist policies forcefully removed Black and non-White South Africans from the land for White use. Since South Africa’s first democratic elections in 1994, there has been a land redistribution and restitution provision in the country’s constitution.

However, unemployment and poverty remain acute among Black South Africans, who make up around 80% of the population, yet own a fraction of the land.

Last month, Ramaphosa signed a bill into law providing new guidelines for land expropriation, including enabling the government to expropriate land without compensation in certain cases.

This is a developing story and will be updated.

This post appeared first on cnn.com
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Investing

    Overview Rua Gold (CSE:RUA,OTC:NZAUF,WKN:A4010V,OTCQB:NZAUF) is a gold exploration company focused on two prolific, historic gold-producing regions in New Zealand: Hauraki Goldfield and Reefton Goldfield....

    Editor's Pick

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Stock

    Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. It marked the biggest quarterly growth for...

    Economy

    The Israel Defense Forces (IDF) announced the death of Fuad Shukr, the Hezbollah commander who was behind a drone strike that killed 12 children...

    Disclaimer: wisetradeinvesting.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.