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South Africa’s worrying future

16 May 2014, 14:40

In point form

1.       So long as there is no competition for the ANC in the elections the ANC are not going to get off their 'what its' and try to make a difference are they

2.       There is definite cause for concern about the future of SA as we gradually fall behind other African countries on almost every level.

3.       I believe the ANC have failed miserably on education, NEW job creation and service delivery and yet the voter support for the ANC has barely suffered a dent in these elections.

4.       On the other hand it has to be said that the EFF have done relatively well in these elections. What this means is that the ANC (as is customary in Political strategy) with will tend to want to regain some of the EFF support and this means we are likely to see new rumblings from the ANC about considering Nationalization and land grabs.

5.       Try to imagine a Rand exchange rate at R30 to the USD or worse in the event of Nationalization in any form. The price inflation in South Africa will be uncontrollable

6.       There is no timeline for when the whole BEE program is expected to come to an end and therefore no point in the future that we can look forward to the playing fields being level again. BEE could carry on for 100 years

7.       Even if you try and start your own business as a white man - try and get a business loan or a try to get a government contract - its not going to happen even when you know for a fact that the existing BEE contracts have not delivered - but they have still been paid and their contracts just get renewed anyway.

Of course there is a historical good reason to assist previously disadvantaged. I just wonder if BEE is the right way. 

9.       Sadly, I don’t think we have leadership in South Africa at Government level that we can look up to. By this I mean leadership that brings people together for a better South Africa

10.    South Africa’s history is a difficult one and maybe the ANC is the right organization for the country. But I can’t help but feel that the ANC has sold its soul to the highest bidder. 

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