SA's top 10 imports almost all from our raw material exports.

These require high spend in R&D, something our private banks can't fund, skills in engineering & science, something our banks monopolise & competitive cost of capital something privatisation cabal can't comprehend.

Indeed a good brand that we all love. But we also need to understand its constraints in operating international routes profitable. At the Southern tip of Africa away from air traffic, in a country & region with large population living below the poverty line.

Any political party that has FDIs in its manifesto to fund goods that are exclusively consumed and paid for by SAns like electricity doesn't deserve your vote.

This is the dumbest idea any nation can do.

This Mashonisa is currently advising South Africa how to get out of a debt trap. Crazy stuff.🤭

Thathani uJola back heyi uyayingqiba impahla yethu lomfana🤣🤣

Pre- 1996, Universities received capital transfers from the national budget.

The ANC decided to redirect that capital transfer to WMC in the form of NAFSAS via black poor students. Comrades are foolish.

A currency that weakens due to expected widening deficit is a policy choice.

SA chose her bed (financialised economy), now we must lie on it.

Foolish public policy that creates almost risk free, low economic growth impactful assets all over.

A guy in Meyerton just sold his steel making business for student accommodation.

Kwazidenge

#MoneywebNews moneyweb.co.za/news/companies… via Moneyweb News

Imagine a guy (investor) who offers to build for you a kraal in return for all the milk for 20 years. If any cow dies, you will need to replace it, to ensure the same amount of milk flows to him.

Of course, you will have Nkandla class kraals but I doubt growth in cows.

This will simply reduce the net pay and expand the deficit between income and basic goods, deepening the poverty crisis of the employed.

Basic numeracy would have prevented this waste of ink.

1. 73.7% of SAns earn less than R6000/month.
2. Minimum wage is below a monthly🏠 basic food 🧺.
3. 41.2% working population is unemployed.

Where TF will savings come from?

businesslive.co.za/bd/opinion/202… via BusinessLIVE

Fact - enabling infrastructure: requires spare capacity to be built today to support future LIKELY demand something private capital can't do.

PSP/PPPs, at best, is a defensive strategy that will only grow the banking sector.

Poverty is likely to be a permanent feature in SA.

A glimpse of evidence why the financial sector growth crowd-out the real economy.

A R4bn private PPA (well collateralised) by the existing mining operations.

Meanwhile, dying steel & engineering sector is starved of capital.

businesslive.co.za/bd/companies/e… via BusinessLIVE

Intellectual thuggery

“Had the MPC adjusted rates in line with the earlier, more benign, inflation forecasts . inflation expectations could have worsened materially, delaying the path back to target and requiring higher rates again.”
businesslive.co.za/bd/economy/202… via BusinessLIVE

Comparison of electricity tariffs by selected smelters in USD/MWh.

Remember, Eskom tariffs are still below the cost of capital.

The ANC & its alliance block (DA, Rise Mzansi & others) with privatization program are destroying SA's economy. @DumaGqubule

Do you guys understand that when over the counter prices increase by inflation but wages increase by less than inflation, that creates real increase in profits? Or is it just vibes nje from business day columnists?

In other words, NUMSA demands wage increases commensurate with real increases in the price of food, electricity and other basic goods. Phakamile Hlubi-Majola
businesslive.co.za/bd/national/la… via BusinessLIVE

An indicator:
1. Rise of collateralised low risk assets - privatization (PSP/PPPs).
2. Crowding out of R&D intensive, high impactful assets (EV, electronics, heavy machinery) to the real economy, hence the decline in manufacturing. 🤨

businesslive.co.za/bd/companies/f… via BusinessLIVE

Anyone with this 👇 willing sell, kuyaphuthuma. 🙏