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Sidney Gilroy
 
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Konichiwa South Africa

19 June 2014, 07:57
I don't think since PW Botha`s now famous Rubicon Speech in 1985 after he suffered a stroke, has our country stood at such a definitive dividing path.  

While Zuma will be telling us everything is hunky dory in his SONA speech,  keep in mind that the economy has stalled, Eskom themselves don`t know if the power is staying on or going off, the ZAR is slipping, major protests against government is happening in Pretoria and Soweto, our sovereign debt is one step away from massive amounts of dollars flowing out of the country and strikes are dragging us into recession.

Major construction firms and steel mills have given their employees notice that they will be CLOSING DOWN for the entire July as a pre-emptive tactic for the strikes looming.   What are we fighting for and who is fuming the flames ? Oh yes you can say AMCU and the EFF have the poor at heart. 

And it is almost impossible to deny that the earning wage and living conditions are horrible and there needs to be radical reform.  But,  who has failed?  Government or the Mining Houses ? Or both ?   This is the real reason why Anglo and the likes will not cave in to AMCU :  It`s just not worth it.

South Africa has overplayed it`s hand. When you sell your mining assets. You sell your 97 000 staff complement as well with the company. Who are responsible for making $2 Billion loss this year alone.  Slavery is indeed alive and well in the 21st Century.  

Just remember : Minerals means nothing if they are stuck underground and you have neither the capacity nor skills to refine them. Which we sadly don`t have. And while the South African mining industry will see it`s arse in grand fashion over the next decade...Anglo and the likes will go to countries where they CAN take out and refine minerals. Like the entire world.

Because contrary to what our government and the unions think : The sun does not shine out of our mining shafts. And minerals are scattered all over the planet.  The capital isn't about to leave.  It HAS already left.  If you look at the mining firms born in SA and where they make their money today.  It`s pretty clear that closing shop is just a signature on a Sale Deed away.  

Who will buy the carcasses of the mines after this strike and devastation eventually ends ? Sibanye Gold.   Who is the major money purse behind Sibanye Gold ? BCX.   Who is BCX ? A company situated in a tax haven island as an investment vehicle.   Who controls BCX ? Four companies : Baiyin Non-Ferrous Group Co Limited (“BNG”), the CADFund Group, the Changxin Element Group and the China-Africa Xinyin Group.   A

ll of the above companies where founded and funded by : CITI Corporation. Or otherwise known as the China International Trust and Investment Corporation. 

Or otherwise known as The People`s Republic of China.   And boy do they have money.  Loads and loads and loads of it.  Unfortunately.  I doubt they will pay R 12 500 per month minimum wage. No sir.   

I sincerely hope the mine workers can speak Chinese. And I sincerely hope Joseph Mathunjwa is well read on Chinese Worker`s Rights.  Which is about a half page document.
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