Kallie Kriel: AfriForum’s legal eagles to swoop on “Land Grab” Malema

Loading player...
In this interview with Chris Steyn, Kallie Kriel, the CEO of AfriForum, describes the legal battle being fought against the Expropriation Act in the Cape High Court this week. Detailing the implications of the act in current form, Kriel warns that after the Local Government Elections in November, municipalities under MK control could use a section of the act to expropriate without compensation. “They can use a reason that is not valid and they can go ahead…And that is why we will use the resources we have to fight this till the bitter end.” As for unlawful occupation, Kriel reveals that Economic Freedom Fighter (EFF) CIC Julius Malema is facing legal action over his latest land grab call. “A few years back we got a court order successfully against him that he is not allowed to do that. He had to pay our costs. But you will see that during the last week he did it again. We have not announced that publicly; so you hear it the first time. But our legal team is drawing up a case at the moment because his behaviour is contempt of court. So we believe we have a strong case there.”
4 Aug 4AM English South Africa Investing · Business News

Other recent episodes

SA's Competition Commission has become a handbrake on the economy: Rob Rose

Bryan Brownrigg was never a currency trader. He sold foreign exchange to Standard Bank's institutional clients for 23 years. But when the Competition Commission decided that 28 banks had run a single conspiracy to rig the rand, his name went into the complaint anyway, and it took a decade and…
11 Sep 7AM 20 min

He built a $1.5bn bank. Now Revolut, Discovery Bank and PEP are circling

In this interview with Irakli Rekhviashvili, Tyme Group co-founder Coenraad Jonker gives his take on what actually protects a digital bank once the competition catches up, and why he thinks the old rules of banking no longer apply. On competitive advantage, he says: "I'm saying to my guys increasingly, I…
11 Sep 7AM 50 min