National Values, Principles and Economic Policies

The national values and principles are’ (a) morality and ethics; (b) patriotism and national unity; (c) democracy and constitutionalism; (d) human dignity, equity, social justice, equality and non-discrimination; (e) good governance and integrity; and (f) sustainable development.

The national values and principles shall apply to the’ (a) interpretation of this Constitution; (b) enactment and interpretation of the law; and (c) development and implementation of State policy.

The President shall, once in every year, report to the National Assembly the progress made in the application of the values and principles specified under this Part.

The Government shall create an economic environment which encourages individual initiative and self- reliance among the people, so as to promote investment, employment and wealth.

The Government shall promote the economic empowerment of citizens so that they contribute to sustainable economic growth and social development.

The Government shall promote local and foreign investment and protect and guarantee such investment through agreements with investors and other countries.

The Government shall not compulsorily acquire an investment, except under customary international law and subject to Article 16 (1).

Where the investment compulsorily acquired under clause (4) was made from the proceeds of crime no compensation shall be paid by the Government. [Part II amended by Act No. 18 of 1996 and substituted by section 3 of Act 2 of 2016]