PLEASE NOTE:

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

 
Nunu
 
Comments: 2
Article views: 462
 
 
Latest Badges:


 
View all Nunu's badges.
 

Wise Government Spending

01 April 2014, 11:58
We have a confused regime in charge of us. Who exactly do they aim to uplift while in power, I sometimes wonder. 
So Mala Mala gets sold for R 1 billion. In simpler words, one thousand million rands! Its a frightening number, considering in the previous financial year they spent R 1.6 billion in total on land reform. One farm this time though.
The lovely thing is that Rattray was already a wealthy man. A wealthy "white" man nogal. The generous chap has agreed to rent the place back from the claimants until end of 2015, at R 700 000 a month. About R 17 million, I wonder if he'll use a snip-it of his billion to be able to afford this. The claimants were happy to pay about R 500 million, I wonder why Rattray thought this was not enough for him. Quite a generous offer if you ask me.
But it seems its not just about Rattray. Somehow good old David Mabunda happens to be one of Mala Mala's directors, and stands to get a good couple of million out of the deal. I tried finding out the names of all the other directors, or "beneficiaries", but failed. Some help please, from other contributors? One is forced to wonder about how the government agreed to such a fantastic settlement, surely it had nothing to do with enriching a couple of "connected" directors, rather than uplift a community. Surely not?
The claimant community consists of 950 odd familys. A logical way to "uplift" these people would have been, in my opinion, rather give each family R 1 million. Like 950 Lotto winners! The extended families total 15 odd thousand people. (They would get R 63 000 each, babies, children, grannies, if divided) The millionaires could each have started a business to support their families. But no, the Mala Mala directors rather get given all the money ... they are all already wealthy people. Why not rather give Rattray and Mabunda nothing, let Rattray keep the damn land, and give the money to the claimants? 
I mean whoopee, what sort of employment does Mala Mala offer - apparently only about 150 people? What is the turnover, I for one don't believe it could ever be high enough to justify a price tag of R 1 billion. The rent is probably over inflated as a smokescreen to give the impression there are massive profits coming that will enrich 950 families. Sorry, I just don't buy it. Its like buying Zuma actually needed R 200 odd million for security on his private residence, while the poor live in squalor.
Is this government really interested in uplifting the poor? I see the exact opposite.
R 30 billion was wasted last year on fruitless and wasteful expenditure. ( I wonder if the above would qualify?) 30 thousand million rand! Could have built 15 000 houses at R200 000 each. Give 30 000 people a million rand each, like a mass Lotto type giveaway, give it to people based on a viable business plan. Its a huge number, so much good could have being done for the people of South Africa. But it was simply wasted, on fruitless things. A shocking regime we have in charge of this country. Absolutely stunningly shocking. Yet they WILL win the next election. Please at least change the man at the top, we know we're stuck with the ANC, but please not Zuma at the helm, the king of corruption ...
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.

 

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
2 comments
Comments have been closed for this article.

Read more from our Users

Submitted by
Peter Hollander
Is South-Africans Chicken or Yell...

Lately reports came out from the churches, honest and high moral people, also from the universities about proof of the many years of looting from Zuma and cronies and Guptas. Read more...

0 comments 953 views
Submitted by
Adelbert Scholtz
Please, don't fire Number One!

Most people agree that Jacob Zuma, also known as Number One, is wrecking South Africa and many have called for his removal. Read more...

0 comments 2204 views
Submitted by
Junaid
How we all got Zuma elected

Will we ever learn see one another as fellow humans and stop referring to caste, colour and creed and instead pull down barriers that divide us.  Read more...

0 comments 487 views
Submitted by
So,Recently
The threat to South African democ...

Zuma is not only a threat to the ANC and the South African economy, but to South Africa’s democracy itself. Read more...

0 comments 3709 views
Submitted by
Greg Miller
The labels we use

Just a thought in all the outrage we are showing as to what monsters are we perhaps the creators of. Read more...

0 comments 550 views
Submitted by
Roxy Belara
Why we need better waste manageme...

As a society, we need to be more aware of how we dispose of our rubbish, but what we do not realise, is how much our waste disposal methods are actually hurting our society. Read more...

0 comments 421 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 Android Get the latest from News24 on your Android device.

SMS Alerts Get breaking news stories via SMS.

TV Get us in your home, on your television.

 
Interactive Advertising Bureau
 
© 2017 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.