PLEASE NOTE:

MyNews24 is a user-generated section of News24.com. The stories here come from users.

 
An observer
 
Comments: 17
Article views: 1667
 
 
Latest Badges:



 
View all An observer's badges.
 

SA: A stock loss and devaluation of SA's assets

01 June 2013, 08:36
In 1994 SA's goodwill reached near the top of the 144 countries in the world. Our assets were intact and our stock was high. There was this misplaced hope that SA was going to be the best place to live in (for it had been for many years, even under the NP), and that liberation of the people would create a society that could bask in its natural resources, the inventiveness of its people and it's amazing infrastructure.

Since then, another picture has emerged. We all know about it, so I won't go down that road. Suffice it to say, that in no area, has the ANC actually delivered on its promises. What we have is a growing realization that S A is headed to the bottom of the pile. Even, many other African countries are beginning to surpass us, when in 1994, we were actually head and shoulders above the rest.What it really amounts to, in corporate terms, is that S A has suffered a severe stock loss, and devaluation of its assets.

While the SA stock, it's people, have grown in numbers, the marketability of its stock has shrunk. Marketability of stock is its ability to congruently satisfy the demands of the market, in terms of , quality, price and availability.

As we have come to experience, the quality of SA's stock in terms of skilled and unskilled workers, has plummeted. Skilled workers are becoming fewer and and unskilled workers, expensive, unwilling and supported by government labour practices. The vast majority of unskilled laborers are untrained, uneducated, and expected to starve themselves in order to eek out an existence for themselves and their families.

So training, education and a framework that creates opportunities for unskilled labor to improve themselves is required.

This is not rocket science, It just requires an administration that understands this problem and has the will and the intelligence to solve this problem.. It also requires that ordinary people understand this problem and vote for an administration that has the will, capability and capacity to solve this problem.

The assets of the country are being destroyed through neglect and maladministration. One only has to look around you to notice this. Our pavements are unkept. Our roads are unkept. Our telecommunication infrastructure is unkept. Dirt and filth proliferate everywhere. Our electricity infrastructure is inadequate. We are not building enough dams and in the right areas. Our national airline is a disaster. Our educational systems are not even able to deliver textbooks to schools, let alone provide them with adequate, qualified teachers and an educational system that actually delivers educated people. Our medical care facilities are inadequate, understaffed and badly managed. Our transport systems have not been improved upon. Our roads are now going to be taxed with 40% of the tax going to a foreign country. Our natural resources are being neglected and preyed upon. I could go on and on.

The fact is that our stock and assets are deteriorating to an extent that the people of South Africa, and all its uninvited inhabitants, are going to experience a growing deterioration in living conditions,. This may have one positive affect, in that all the illegal immigrants may choose to go to Nigeria or Kenya. However, they might be better off here, because they are better educated, trained and willing to work, and find better work opportunities here, because of our inequitable labor laws, and uneducated and untrained labor.

My only hope is that people may wake up from their myopia here, especially white people, who are trained and educated and could provide some leadership and direction to this country. The problem is white people don't vote, let alone white people can't dance. They're too individualistic. They care only for themselves.

Well white people, you are standing on a precipice that is crumbling under you, You cannot all run away. Their is no escape. You know that you are standing on a pot of gold and it is damn time to realise that the only way to redeem yourselves is to get off your butts and do something about it. Vote.

Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.

 

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
17 comments
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
Gerard Denzil Boyce
Being all we can be this Africa D...

Coming as soon as it does after yet another outbreak of xenophobic violence in SA and amidst reports of the horrors faced by desperate African migrants, few Africans are likely to be in celebratory mood this coming Africa Day. Read more...

5 comments 375 views
“Creating million jobs for SA You...

Unemployment among young South Africans rose significantly over the past six years and a lot of companies are busy retrenching employees. Read more...

13 comments 1079 views
Submitted by
Fired up
Leftist-Liberalism often the anti...

It’s difficult to fathom ivory-tower academic Wilmot James’s objections to the Democratic Alliance’s value charter with its emphasis on values in context of the family.  Read more...

4 comments 457 views
Submitted by
DesertGirl
Namibia must prepare for loadshed...

Namibians will have to prepare for the country's first ever possible load shedding, the boss of that national power utility, Paulinus Shilamba has announced.  Read more...

3 comments 1076 views
Submitted by
PeterTracey
Captain’s log: Windhoek

Fortuitously I found myself in Windhoek, Namibia for a few days this week. Read more...

7 comments 946 views
Submitted by
Anton Dekker
What a great compasionate nation ...

We are so caring, it brings a tear to my eye! Read more...

17 comments 603 views
 

services

E-mail Alerts The latest headlines in your inbox

RSS feeds News delivered really simply.

Mobile News24 on your mobile or PDA

E-mail Newsletters You choose what you want

News24 on your iPhone Get News24 headlines on your iPhone.

News24 on Android Get the latest from News24 on your Android device.

SMS Alerts Get breaking news stories via SMS.

Blogs Your opinion on you, me and everyone.

 
Interactive Advertising Bureau
 
© 2015 24.com. All rights reserved.
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.