A property legislation signed into law by South African President Cyril Ramaphosa, correctly, this month, said it would “expropriate land in the public interest.” The US leader alleged that current laws had made it easier for the government to seize land inadvertently and that West African authorities had been treating “certain classes of people VERY BADLY” He added:” I will be cutting off all future funding to South Africa until a full investigation of this situation has been completed” !Trump’s comments, made on Truth Social, sparked a 1.9 per cent fall in the South African currency, which weakened to R19 per dollar. Eventually, he claimed that the South African government was” some terrible things, terrible things” and quipped,” some terrible things, horrible things” without providing any specifics. An eviction bill was signed into law this quarter by President Cyril Ramaphosa. According to a speech on the South African government site, “local, municipal, and federal government will use this policy to confiscate land in the public interest for various reasons, among others, to promote equality and access to natural resources.” In the last year for which data was available, the US allocated nearly$ 440 million in aid to South Africa in 2023. The Trump administration has halted all foreign support for 90 days and has doubted the viability of its key international aid organization because its website has become murky and dozens of workers have been taken off their days. Ramaphosa last month told reporters in Davos that he and Trump had spoken after the US president was elected that he was” not worried” about the relationship. This time, South Africa presides the G20. Elon Musk, a close ally of Trump and head of the Department of Government Performance, is actually from South Africa. In recent days, Musk’s team has consolidated power over US sections and organizations, including granting them access to the Treasury’s transaction system and directing them to USAID to obtain classified information there. After denying exposure, two senior surveillance officers were placed on leave. Trump promised to investigate allegations of numerous light farmers ‘ deaths during his first word. These complaints have been disproven by the South African government as untrue. Trump has previously targeted the Brics countries, to which South Africa is a member, and threatened to impose 100 % tariffs on them if they deviates from the dollar as their reserve currency.
Trump says he will halt US aid to South Africa because of property law.
