South Africa Loses $20bn Investment from EU-Based Company as EWC Policy Drives Emigration and Capital Flight

Cape Town, WC — South Africa’s Expropriation Without Compensation (EWC) bill, signed into law on January 23, 2025, is prompting significant economic fallout, as evidenced by a European company allegedly halting land and project negotiations in the country. The company, which was exploring a $20 billion investment, has shifted focus to the United States, offering…