Property rights restoration has been a key Ineng objective, with findings from Entrepreneur in Public Policy workshops consistently showing the issue as a top one for unleashing the entrepreneurial potential of South Africans.
Temba Nolutshungu, a contemporary of Steve Biko and driver of the Khaya Lam Land Reform Project, has spoken at previous Ineng events highlight the urgent need for direct private ownership to transform the current monopolistic and exclusionary landscape of much of the economy.
The Khaya Lam Land Reform Project has secured 100 title deeds in the City of Cape Town’s Nonzamo community.
Ineng will be hosting an event and looking to advance this national project’s objectives in the Western Cape municipalities, supporting the local authorities and those without ownership due to the wider macro-economic context millions of South Africans find themselves in.
The event will look at the economic benefits of title deeds, the restorative justice aspects of property rights for all South Africans and how communities can mobilize to secure direct ownership.
The South African government owns much of the land that was forcefully taken by the apartheid state to serve their variant of white-minority statist regime. Ineng has argued the land must be returned to the disenfranchised under a system of property-titling and private ownership. With private ownership come the opportunities to obtain loans against what one owns in order to start new enterprises and invest in further training or education. The government’s inheritance of apartheid government confiscations must be returned to the people through the privatization of failing state assets and the resources the state currently owns to entrepreneurs, accompanied by a structured transfer of proceeds to those directly exploited and robbed under the apartheid regime.
More info to follow on the Nonzamo event