Business

Reading the text of the re-jigged property expropriation Bill leads to a conclusion that what the State now intends is the same disregard for private property rights with just a few cosmetic changes.

There was already a ray of hope the President would take charge when he spoke in Parliament last week. He said, almost as an aside, that stealing money from the State was stealing money from the people who made it.

Airlines worldwide are pleading with governments to re-open the airways so foreign travel can resume without the restrictions that are still hobbling international business and tourism.

The restrictions imposed on economic activity by the government provided the final proof of the importance of the private sector and the pre-eminent part it plays in the welfare of everyone.

Anyone saving for their retirement by contributing to a pension fund should be alarmed by Minister Tito Mboweni’s sworn statement to the Court regarding the government’s proposed financing of a SAA bailout.