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Ramaphosa reassures investors over land. Again.

Got whip lash from all the back-and-forth-ing from the ruling party over land expropriation? Well, so do most investors, and possibly the most important bit of news today is Cyril Ramaphosa’s speech to over 1000 of them gathered at the Mining Indaba this week. According to Business Day, he promised that their assets – including land – would not be confiscated by the state.

This is important after the ANC said in its January 8 statement that it wanted to clearly define what land could be expropriated without compensation… Not exactly confidence-boosting stuff for big business.

The president has expressly told jittery businesses that their land and investments are safe. Now all he has to is get on board those within his party demanding the opposite… ?

Take two:

Speaking of eating the rich… Forbes has released its “Africa Top Billionaires 2019” list and Africa’s richest man is Aliko Dangote, owner of the continent’s biggest cement producer. The 61-year-old Nigerian is worth a cool R134-billion, according to eNCA.

South Africa’s Nicky Oppenheimer comes in at number three, with fellow South African moguls Koos Bekker and Johann Rupert featuring lower on down the list. Patrice Motsepe comes in at a mere number 12, shem.

Here’s the full list:

1. Aliko Dangote

2. Mike Adenuga

3. Nicky Oppenheimer

4. Nassef Sawiris

5. Johann Rupert

6. Issad Rebrab

7. Naguib Sawiris

8. Koos Bekker

9. Isabel dos Santos

10. Mohamed Mansour

11. Strive Masiyiwa

12. Patrice Motsepe

13. Aziz Akhannouch

14. Mohammed Dewji

15. Othman Benjelloun

16. Abdulsamad Rabiu

17. Yasseen Mansour

18. Youssef Mansour

19. Folorunsho Alakija

20. Michiel Le Roux