Pompeo says South Africa land seizures would be `disastrous`
(WorldNews Business)

ADDIS ABABA, Ethiopia (AP) - America`s top diplomat on Wednesday asserted that South Africa`s plan to allow expropriation of private property without compensation would be `disastrous` for the country`s economy and its people. Secretary of State Mike Pompeo made the comments in an address in Ethiopia on the final day of an Africa visit largely aimed at countering China`s influence on the continent of more than 1.2 billion people. `Be wary of authoritarian regimes and their empty promises,` he said, without naming names. `They breed corruption, dependency and...