Fin24

Marcus: SA outlook deteriorating rapidly

2012-10-10 11:51

Grahamstown - South Africa's economic outlook is deteriorating rapidly with unrest in the mining sector and national transport strikes likely to lead to job losses, Reserve Bank governor Gill Marcus said on Wednesday.

Speaking to economics students in Grahamstown in the Eastern Cape province, Marcus reiterated her stance that the central bank had no target level for the rand.

A heavy fall in the currency on Monday to within a whisker of R9.0 to the dollar had prompted market speculation of official intervention.

Two months of violent, wildcat walkouts in gold and platinum mines, including the police killing of 34 strikers at Lonmin's Marikana mine on August 16, have hurt South Africa's international investment reputation, Marcus said, citing R5.6bn in net equity market outflows on Monday as evidence.

"That's an indicator of a loss of confidence. It's a huge indicator for us of loss of confidence," Marcus said.

"The outlook at the moment is deteriorating rapidly and if you look at the deficit of confidence, it is one of the reasons why it's very difficult to find a resolution," she said.

Besides the mining problems, a strike by more than 20 000 truckers has entered its third week, hitting fuel supplies around Johannesburg and affecting production at some car plants on the south coast.

Talks between the main transport union, Satawu, and freight employers broke down on Tuesday. The transport strike is due to widen next week with a one-day "sympathy" stoppage by port and railway workers.


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Comments
  • camp.j - 2012-10-10 11:55

    Please forward this article to Mssrs Zuma and Malema

      Rabbler.Rouser - 2012-10-10 12:16

      Zuma won't be interested. He has much more important things to worry about. Like the progress of the roads to Nkandla. And, if Nxesi (the minister of Public Works) has managed find some loophole in some obscure law to make the Nkandla building and renovations more secret. Malema will just use it as more fodder to convince the masses that nationalisation must happen now.

      nicholas.graan - 2012-10-10 13:13

      @ngobel.sinxama, please crawl back into your hole. Your inferiority complex rantings have been popping up all over the place and have nothing to do with any of the stories you place them under. Hamba ..

      jo.barton.92 - 2012-10-10 13:18

      If you forward this article to them, they will use it as toilet paper. They don't care.

      Steven - 2012-10-10 13:30

      THis how its started in my country (Zimbabwe) and we thought it was a joke and laughed at the striking workers, calling them all sorts of names, little did we know that it was just a precursor to what it is now. I appeal to all South Africans, to not make the same mistakes we did. We had/have the best education on the continent but look at us now. Don't let ANC win the next election, or else you'll be powerless to stop the it. The uneducated masses don't know any better, they just follow what their "comrades" tell them to do. Please guys, you're the continents last hope. As for ngobel, he's exactly the type of person you should be very weary about, you'd be amazed how his warped views appeal to the uneducated. Ngobel, this is not the time to play the typical South African reaction to anything, race. This is a time to fight for your country, against corruption that will strangle the very country you so wanted to be "liberated".

      dave.lester.125 - 2012-10-10 13:35

      The economical situation in SA might be worse than we think. I am no economical expert, but I have a good mate who is one. He now lives in London, and owns quite a few prime commercial & residential properties in SA (Bryanston, Midrand, Balito, Camps Bay etc.), in addition to his international property portfolio. He was always the one who said “don’t worry, things in SA are ok and/or will pick up again”. Last week he told me that he is selling all his properties in SA ASAP. A few of his business partners are doing the same. He said that he believes the rand will plummet to below 20/1 to the euro or even worse. This will have the effect of the whole economy being pulled down & with time the standard of ownership/living dropping considerably. Many people wont believe that their properties will only be half of the international value that it once was with the exchange rate of the rand falling…

      darryn.lahner - 2012-10-10 16:06

      I think we have to realise and accept that SA is at a tipping point and due to the world economy and the internal strife it is probably leaning towards an imminent collapse as bad as, if not worse than, Zim. The sooner we go over, the sooner we can slowly start rebuilding. Once the masses realise that the gold is not waiting for them at the end of the BEE/AA tunnel, they might realise that their beloved ANC is full of smoke and mirrors. Worst case scenario.....We may even go into a civil war when they get told to come hunting the whites for the "riches" that "belong" to them. Lets just accept it and get on with it. It happened to ZIM, congo, and just about the rest of Africa, what makes us so special that we can sidestep the "African Disease"?

      enlightened.bowman - 2012-10-10 18:58

      do you raly think they give a rats a-se? Even if they read it, they will have absolutely no idea what it is all about. Never mind adressing the issue.

      Kayla - 2012-10-11 11:30

      Let us liberate ourselves from the oppression of ignorance and forget blaming history . Let us be passionate about work and wise about spending ,let South Africans add value to our resources and welcome investment and be wise about waste . Beware of idle hands, they should outlawed and self sufficient so no bad cause can employ them ,for this employment must be available at the breadline and no easy handout given . To help the thin blue line of the police and the cost of road hospital school maintenance should be born by the labour sitting idle in our prisons and a public works department that needs to jack it self up . Teachers nurses and policemen are the main cogs that transfer energy to make the wheels turn, goverment needs to give them the tools .Leaders that corrupt the system must be taken out of it and not moved .Is that to much to ask for SA? is it our last chance on this slippery slope.

  • saschalipka - 2012-10-10 11:57

    Ah really. We all know who to thank for that.

  • kobus.hattingh.5 - 2012-10-10 12:01

    With compliments from Zuma

      koos.meyer.52 - 2012-10-10 13:22

      Sean, Zuma risks losing support if he speaks out. All Zuma and his camp are doing is running an el(r?)ection campaign, they are not doing the business of running the country.

  • neal.vantonder - 2012-10-10 12:01

    Well done Strikers! All you have accomplished is wider spread poverty and a more expensive South Africa for all to live in.

  • Rabbler.Rouser - 2012-10-10 12:01

    What happened to the 5 million jobs by 2014 as per the ANC election manifesto of 2009? 2014 is a little under 15 months away. They're running out of time. Ah! yes, I forgot. They pushed that out to 2019 AFTER the election when they were voted into power. You CAN fool most of the people all of the time.

      Joubs1957 - 2012-10-10 12:19

      And by 2020 Nigeria will have overtaken us as Africa`s biggest economy - that is now a known fact. So we will all be going to Nigeria???

      denis.dendrinos - 2012-10-10 12:27

      with over 16000 already lost at 3 mines.

      Rabbler.Rouser - 2012-10-10 12:30

      @Joubs1957. For Zuma and his loyal aides it won't matter anymore. They will have served their two terms and will be living in obscene opulence at Nkandla. Courtesy of the starving masses for having so much faith in them.

      SarelJBotha - 2012-10-10 12:49

      Lies, lies, more lies and damned lies!

  • sarecen.smith - 2012-10-10 12:02

    eish who would have thought? going to be funny watching our minning clowns back at the kraal eating mealies

      jo.barton.92 - 2012-10-10 13:18

      sarecen, it won't be funny when they will be robbing us to survive. They are already doing that, so what do you think the crime levels will be then?

  • sarecen.smith - 2012-10-10 12:04

    ive worked it out! economic freedom for malemas crew means freedom from work and any other sort off such thing.

      mlucejko - 2012-10-10 12:53

      Almost right !! Economic Freedom means "You don't have to work, but MUST still get paid +/- R12.500 pm.. !! Only here in South Africa ???

      alan.gernet - 2012-10-10 13:02

      Thanks for the clarification. So many times I have asked the 'commenting trolls' what an Economic Freedom Fighter is, and how they would propose the notion to work. Sadly, not a single one has ever been able to answer me.

      edward.patterson.923 - 2012-10-10 15:29

      @mlucejko not just sa just look to the eurpean debt crisis

  • shaun.knoesen.9 - 2012-10-10 12:05

    That`s it! I`m not going to complain about the rugby and cricket any longer - we have much, much bigger things to worry about.

  • rodney.louis.7 - 2012-10-10 12:07

    The sa economy is robust , the recovery is imminent .Lots of positives . Once Strike season is over there is no reason to panic everything should return to normal

      Rabbler.Rouser - 2012-10-10 12:10

      You sound like an ANC politician.

      denis.dendrinos - 2012-10-10 12:30

      rodney......really? So investors will just be like - oh look, strike season is over, lets invest again? No - I do not think so. Firstly, why would they take the risk when there are much safer options, such as Germany, Sweden, China, India, Australia, Japan.......etc etc..... Secondly, our precious workers, like those at Amplats and Kumba, have shown that despite pay agreements over 2/3 years and been given share options or payouts will strike again in a few months again.

      rodney.overes - 2012-10-10 13:30

      Rodney really do you believe this; the group I work for has now also decided to pull its stakes and leave this country, they as of now will not invest in this country and have stopped 2 billion investment plans , in our current situation there will be a job loss of 1345 employees in South Africa and the company is selling off there assets.

  • david.stopforth.5 - 2012-10-10 12:14

    The Unions are to blame + round headed Malema

      maureen.churchill.9 - 2012-10-10 12:55

      It is imperative that we elect a new president, the country cannot survive another 5 years under Mr Zuma. Please the people who may want or are told to spite the whites by voting Mr Zuma in again you are sealing your fate. Should he be re-elected I will have no compassion for any person begging or in need, my charity thereafter will begin at home.

      neil.frandsen - 2012-10-10 13:23

      Mapepaki you are right, but what I dont get is that there are many opposition parties out there. Its not about voting white or black, just vote for change, DA and ANC are not the only options. Just do something different!

  • luvo.luvos - 2012-10-10 12:15

    Guess this had to happen after a while. let us rather look at the reasons why the people are embarking on strike and they are actually crying for a living wage. Let us rather look at this this way: must we let the economy status quo carry on like this, one sector of the population livbing it up whilst the other grapple with survival issues. You decide!!!

      boltonbarry - 2012-10-10 12:36

      let us rather look at other ways to resolve our economic problems other than ruining the economy and crippeling it by violant strikes. But yeah. Our striking horde will learn that their militant ways are actually hurting them more after they become the hungry horde

      gustav.kriel.3 - 2012-10-10 12:38

      yes and keep on blaming every1 else but yourself!!!

      other.justin.1 - 2012-10-10 12:46

      Really? Do you know that our miners are in the middle income in this country. There are a few exceptions, but by and large they find themselves in the middle income group. They own the same as my "rich" white mother and father who are considered middle class. Sometimes people can be so blind and stupid!

      SarelJBotha - 2012-10-10 12:51

      The living wage idea is flawed. it does not take into consideration productivity and therefore will lead any business into failing. I did it and many others still do: if you want more money, get another job or do something else to make more money.

      rodney.overes - 2012-10-10 13:34

      So from of now you agree this is just a livig wage , SO AS OF NOW YOU WILL BE PAYING YOUR GARDNER R750-00 per Day to be FAIR.

      heathway.master - 2012-10-10 14:14

      Luvo.Luvos. That is obviously the ideal that all in the country earn a living wage. Most civilised countries accept that workers have the right to strike to improve basic conditions of employment. One however has to move away from honourable ideals, and face the realities of this country. Statistics show that 4 out of 10 South Africans have employment of some kind, with 2 out of 10 in the formal job sector. With this level of unemployment, one unfortunately needs to be grateful that you form part of the 2 out of 10 group. Approximately 5 Million out of 50 million contribute to the countries tax base. If 90% of the population were employed, then one could carry on about the living wage story. 5 million can never ever support the other 45 million to get a living wage mostly from Government subsidies and hand outs, so that idealistic equality for all is a grand idea, but not practically possible. It is a purely a pipe dream, and individuals like you need to get real for a change.

      jacqui.grigg - 2012-10-10 14:51

      Living wage vs living it up my white (yes white) hairy butt! Year one... yes lets strike. Salaries get adjusted. Year two....yes lets strike. It worked last year...now...you are already on living wage but like a naughty child you want 12% and bosses are only offering 8%. So many lost millions to the company and to the broader economy the company settles. Year three...ooooooh this year we want 15% and now the naughty child gets slightly violent and bosses concede on 12%. whoo hoo! This works. Year Four....now we want 22% and violence are off the scales. Year 5.....catch my drift? I shudder to think what the compromise is going to be. In this same time span I had to take a salary reduction and got no salary increases for four consecutive years, ala "global economy" and yet everything around me courtesy of "living wage" strikers have gone up beyond my means because I have to PAY, G0d forbid, for my crappy middle class accommodation, my child's mediocre government school education,expensive fuel,food and more. I guess I've decided...In my current reality...I have survival issues.

  • antionette.leroux - 2012-10-10 12:18

    SOMEONE WITH BRAINS SPEAKING THE TRUTH - THANK YOU!!

  • tim.gordon.5011516 - 2012-10-10 12:18

    When the captain of a rudderless ship thieves extra rations for himself it is hardly surprising that the crew goes on the rampage and seeks to take over the ship for themselves.

  • george.pito - 2012-10-10 12:22

    And the main reason for this is the power struggle within the ANC. The strikes are created if you ask me, by the leaders in the ANC waiting for Magaung

  • attie.gerber.1 - 2012-10-10 12:27

    that is why zuma was at the ska site yesterday as that will resolve the economy of the country

  • graeme.aitken.545 - 2012-10-10 12:27

    ZIMBABAWE Part 2.

      isaac.tapfumaneyi.5 - 2012-10-10 12:38

      guess what in zim we dont have fuel shortages or empty shops anymore.you ignorant son of a bitch

  • J.Stephen.Whiteley - 2012-10-10 12:34

    Well, Gill, is this prelude to a rise in interest rates? It should be. But Labour Relations is the job of our Labour Minister. Here one can legislate for and implement easily, at very little expense, conciliation boards for wages (not the CCMA or other Court) for a yearly brokerage of remuneration in the various sectors. These would consist of representatives of the industry, lawyers and churchmen, aimed at preventing lose-lose strikes of which the Legislature has hitherto washed its hands. Their recommendations would be not be legally binding, but public and regular. But our Labour Minister is not the brightest. We need a President who is not shy to appoint ministers of foresight; the present one surrounds himself with dunderheads.

  • hurlinga - 2012-10-10 12:39

    I think we have to look at the opportunities for this situation. what business gaps are there now. the people are getting more money that will flow back into the economy. business is not choking the money flow as much. that i feel is very important as it will keep our local economy going.it will keep our jobs if we are in that spending stream so to speak. lets try and be constructive because we cant change what has happend and what is out of our control. the top guys in Mining and the core economic industries are not doing justice to the economy, only to their own interest just like governement officials.

  • isaac.tapfumaneyi.5 - 2012-10-10 12:41

    see the tide is turning

      alan.gernet - 2012-10-10 13:06

      what tide?

      charl.malan.12 - 2012-10-10 13:39

      The tide of your stupidity yes

  • Eterni80 - 2012-10-10 12:43

    ANC mission accomplished.

  • hitting.thefan - 2012-10-10 12:44

    You know that the people that at at the end of the day will feel it most is these ignorant supporters of the ANC and the protesters on the streets now, for them I feel nothing. For the people that play no part in this but who will be effected the most I feel very, very sorry. Same on the goverment for not speaking out and acting. This is just pathethic.

  • glen.e.huysamer - 2012-10-10 12:45

    The ANC should resign, then confidence will come rolling back.

      andrez.kolesky - 2012-10-10 15:44

      A democracy … can only exist until the majority discovers it can vote itself largess out of the public treasury.

  • SarelJBotha - 2012-10-10 12:48

    This is the final battle, so let us all unite and call the bluff of these idiots who hold us all to ransom. They are nothing more than economic terrorists, as they do not stick to normal procedures and agreements, even using violence seemly without any response by government. Hunger will force their hand and if they get violent or start criminal acts, then the full brunt of the law, including police, army and citizenry should be unleashed on them.

  • vzkruger - 2012-10-10 13:08

    I heard this morning on Radio Sonder Grense phone programme someone stating that in Canada, it takes 4000 Canadian workers to do the same work (produtivity) than 20,000 miners in SA. This is a joke, really

      sandra.j.rennie - 2012-10-10 13:15

      Can we get them Canadians here please and Pronto ! Otherwise the Chinese are gonna take over !

      alan.gernet - 2012-10-10 13:25

      so send out Miners to Canada so they can bleed Canada Dry

      ken.grimblegrumble - 2012-10-10 13:31

      Due to mechanization, which is way things must go in this country.

  • warwick.railton.7 - 2012-10-10 13:15

    All part of the plan, the revolution - make the mines, farms & country ungovernable and then Nationalize & then police state. We are all not fooled.

      alan.gernet - 2012-10-10 13:27

      yeah .. and then what once the Golden Goose has been killed? How can you run and develop anEconomy without nearly enough competent and educated people. Then SA just becomes another African basketcase, raped by the Chinese. And the Chinese will show no mercy to the lazy workforce here .. if you want to see apartheid at it's worst .. wait for the Chinese to take over.

  • mare.plessis - 2012-10-10 13:24

    The sad part is that the ignorant poor ANC supporters will suffer the greatest loss, whilst the middle class with enough savvy not to vote ANC, will become richer!!

  • ndlovuvincent - 2012-10-10 13:26

    Reading some of the comments here,one can see that some people are very rude in a manner they view supporters of other parties.Why calling ANC supporters fools?If u cannot convince them to leave ANC,why don't u try other means rather than calling them fools?Let us learn to respect other people's freedom of choice.They will see light someday if u lure them to your patries professionally.Calling them fools won't make them join your parties.

      vandeventer.sarel - 2012-10-10 13:31

      If all of this corruption and stupidity cant convince them to vote for another party then they deserve to be called fools

      ndlovuvincent - 2012-10-10 13:41

      Your explanaition does not convince me to agree with u at all.Search for other words to try and convince me

      hendrikvs - 2012-10-10 13:43

      How much more destruction do they want to witness before realisng they are voting for the wrong people?? How much common sense does one need to come to this conclusion?

      ndlovuvincent - 2012-10-10 14:17

      Can't u see that u have also joined the club by arguing with the fools,come join the fools party.U are trying to make sense but your words are not worthy to convince me.Do not argue with fools as u will end being a fool yourself.Welcome to the ANC,the fools party since u are now a fool.

      heathway.master - 2012-10-10 14:29

      Ndlouvincent, I agree fully with you. Everyone is entitled to his own opinion, no matter how much it may differ from yours. Conversely, readers have every right to criticise your comment, but I agree this should done in a civil way, were personal insults, bad language, and emotional outbursts should be contained.

      barneydebarn.andrews - 2012-10-10 14:41

      @ hendrikvs - our ppl were used to much worse before the ANC took power. I'm not saying what is happening now is right, but which one is the better devil to be dealing with - that is (believe it or not) still the issue we grapling with as not only black ppl but as all south africans - read some of the comments on here - its black its white, untill we acknowledge the past and address the imbalances of it and stop trying to sweep apartheid and its affects under the carpet which is an insult to black ppl - we can and never will move forward.

      sexyfancyface - 2012-10-13 05:58

      Gatsheni its true they are fools. me included as I used to vote ANC and my family is ANC....I call myself a fool for it i voted for the destruction of my beloved country...

  • long.tom.509 - 2012-10-10 13:28

    the abyss is called the" black hole"!

  • brionyl.french - 2012-10-10 13:30

    I hope everyone has capped there bonds cos Interest rates are about to jump up and screw us all... We can thank the greedy for this!!!

  • charl.strydom - 2012-10-10 13:33

    China republics are over billion population.. Most of them earn $2.50 (R20) per day labour.. Plus long hours average 12 hours plus six day work, only one day off.. Please wake up.. Stop ruin our economy..

      james.shogole - 2012-10-10 13:59

      oh pls u saying dis bcoz ur white u earning better , stop telling us about chinese explotation come up with something better ecomic freedom in our lifetime.

      gordon.thefreeman1 - 2012-10-11 11:09

      James, nothing will change in your lifetime as long as you see yourself as a victim. For as long as you feel you are a victim, only the people who victimize you will change.

  • tony.angel.3975 - 2012-10-10 13:35

    Thank the man with the "golden banana"!!

  • hendrikvs - 2012-10-10 13:38

    Thank you ANC for allowing all of this to happen. You are surely the most competent government this country has seen or will ever see again. What a circus!

  • flysouth - 2012-10-10 13:40

    Like many catastrophes, particularly those designed by the ANC, they do tend to start gradually and then accelerate at the end! The first 18 years were merely the gradual start, and we are now into the rapid acceleration phase!

  • hc12345 - 2012-10-10 13:44

    Thank you ANC

  • ashwin.leckram - 2012-10-10 13:50

    vote cANCer. you will be guaranteed they will do the right thing. What that is, is anyones guess.

  • dinesh.chetty.77 - 2012-10-10 13:52

    This is a class war. Have's VS Have Not's, and in this war, for the Have Not's its a victory to see the financial system getting crippled. Why would anyone who is a 'Have Not' care about mines, banks, interest rates, investments, stocks, shares. These things mean nothing to people that had nothing, have nothing and looks very proable that they will continue to have nothing. I wish the workers victory.

  • joyce.beeton - 2012-10-10 14:02

    Ndlovuvincent - you said someone must explain to you why the masses vote for the ANC - not call them fools. I think many of ANC supporters vote for them because a lot of them are, unfortunately, uneducated - particularly in the rural areas where many people are not able to read and do not have access to TV and the media. Another reason is that they vote for people they identify with and that is another African person. Unfortunately, it is not always the right choice - I can think of many Black people who I think would be good to run this country, Moeletsi Mbeki is one for instance (Justice Mlala another). They are intelligent, well spoken and very balanced. Unfortunately, President Zuma is none of these and continues to make bad choices for our country. There is also a lot of corruption within the ruling party. Who actually cares WHO runs the country? All we want is for the country to grow, to prosper and have justice for ALL. It's not happening now.

      jayjay.mlungu - 2012-10-10 14:27

      Amen

      nicky.saaiman.1 - 2012-10-10 17:57

      They think the comrades know what they vote.

  • jayb.bee.9 - 2012-10-10 14:14

    even the rand doing fine i dont benefit a cent, i still got the high petrol price to pay

  • PeterJJhb - 2012-10-10 14:18

    Again... The race card. Grow up and move on. What do you think will, happen when the world stops investing in SA? I will tell u now... U can't blame that on white people. Thank your comrades for that. More and more qualified white and black people are leaving SA. It's time parasites like you realise we have to build this country together or this country and it's people are screwed.

  • brendan.vogt.1 - 2012-10-10 14:30

    I say the world should place sanctions on South Africa until we get rid of the idiots running the place. Once the cANCer has been removed, lift sanctions !!!!!!!!!!!! For those that will have your 20 cents at me, think about our current situation. Not far off with investors wanting to pull out of SA.

  • nicolaas.geldenhuys - 2012-10-10 15:10

    As long as you have them governing then this will be what's happening.

  • james.m.turner.35 - 2012-10-10 15:16

    But alas, that is not what Prahvin said earlier......

  • willem.vanrensburg.35 - 2012-10-10 15:52

    We demand, or we will destroy everything, so that nobody has anything, how do you want people to invest in this? Africa is the growth point in the world, except for South Africa where it goes down. You know what, everybody is going to suffer, because we go down. No more investments??

  • robes.spear - 2012-10-10 16:12

    If Marcus had a concience she would resign from the cANCer that is killing our country.

      beverly.young3 - 2012-10-11 12:22

      Not a chance, not at her salary, perks and pension......

  • pierre.walt - 2012-10-10 18:18

    SA is gone. Rainbow nation se gat. All I can see us dark (black) clouds without silver linings. Yet the stupid idiots still support crocodile shoes, big tyre mouth Mal=ema

  • vambozha.mutemi.9 - 2012-10-10 18:42

    They must upgrade to microsoft outlook 2010!

      vambozha.mutemi.9 - 2012-10-10 18:43

      i think they still using office xp

  • jacques.teebs - 2012-10-10 18:58

    Well, as long has we have the current crop of I-wants & I-demands in charge, it ain't gonna improve. Collectively they don't have the brain power to run a shebeen and the voters with about half that amount of brain power will keep them in power as long as the tossers can keep them uneducated. The only people in all of government who are good at what they do, are the ones who work at SARS. Coincidence? No way! The only department where cronyism and cadre deployments DON'T happen is at SARS. The simple reason is that the cANCer need their best people where they can best serve the cANCer - where the money is. I hope that most rational people have figured out by now that it's NOT about the people or the struggle or even about power. It's about nothing BUT the money for these criminals. The worst of all is that the sheeple who are by far the worst off will trust them to run a country. There's no truer saying than: "Voters get the government they deserve." I say it's time to "let them eat cake" - I for one am done feeling anything for them as long as they keep voting the way they do. No more help and/or hand-outs from me. You voted for them, now you don't ask me to help you. Dead simple.

  • robert.doyle.712 - 2012-10-10 20:07

    As long as you all can still Braai and watch Rugby and swim in the pool everything is LEKKA so relax it won't be another Zimbabwe just like you all used to say Dis ions land en niemand gaan dit weg van ons vat..lol

  • mart.botha - 2012-10-10 20:20

    This is a plea to those black South Africans who believe this current dispensation has dragged this country into a deep hole, to please put your hand up, make a noise and be the voice of sanity. The ANC that may hold your sentiment no longer exists and has been replaced by a chaos that must have the founding fathers of this once principled organisation in tears. Ask yourself if this party would be able to win an election without the ANC mantle (name), and based on the integrity and ability to deliver on promises. The majority of this party's upper echelons amount to exactly nothing without the ANC mantle. Apologies to the few within the organisation who have their hearts and minds in the right place. One last parting shot....the size of the SA population is it's biggest challenge. I fear the time, which may already be upon us, when the youth, the unemployed and dissatisfied employed South Africans realise that what is holding them back is that there is a competition for a better life. They are competing with their peers, with foreigners, with the world economy.....just about everything is going up against them in their quest to improve their lot. They will realise that the quantity of competition/opposition is what is hindering them in their search for a better quality of life. There is but one pie to share and the more people there are to share it, the less each will get.

  • werner.dippenaar.77 - 2012-10-11 08:09

    Marcus the architect of this mess, tries with all her 450 pound might to shift the parameters of blame on all other aspects of society where in fact she and her FAT free lunch pigs could have prevented all this turmoil if they got of their FAT lazy self help backsides when it mattered. I have no sympathy towards the suffering and the hardship ahead, they will have to explain one day.

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