A R100, 000 house, bought 30 years ago with a 10.5 percent per annum home loan from any of South Africa’s banks would cost, after 360 instalments, a grand total of R329, 300 [[i]].
Douglas Schorr
Tagged under Advocacy & Campaigns South Africa Community banking
“Use it in a sentence and win ten kg of best mealie-meal.”
“Easy … my mum says South African bankers are obese.”
“Cut! Wash his mouth out. No bad talk about our gross fat cats.”
Censored by public apathy
Tagged under Economics South Africa Bank CEOs
Queen Elizabeth II is not just a symbolic head of state. Her great-great-grandmother Queen Victoria made the plundering of the Third World an acceptable business activity. In 1952, Elizabeth became Head of the Commonwealth and Queen Regnant.
Tagged under Pan-Africanism South Africa British Empire
South Africa will need “1.6 times the amount of water than will naturally be available by 2030”[[i]], said Professor Antony Turton of Free State University at a conference early 2018.
Tagged under Human Security South Africa Water crisis
Reconstruction and Development Programme (RDP) housing has been on the cards for as long as the new government has been in. And nothing near targets have been met.
Tagged under Land & Environment South Africa Land reform
The African National Congress and the booze industry are looking down on Mandela’s rainbow baby, beaten and battling to breathe. They arrange themselves for a photo-shoot, and then mutter to the press, “it’s sad, very sad. But hang on, is she as bad as the kids over the road?”
Tagged under Human Security South Africa Alcohol
There was a time Big Business thought the Zuma factor was just what they needed and the Rand-Dollar traded in the 8.50 – 6.70 band. Then in January 2016, they decided Zuma was bad for business, warning shots were fired, the Rand fell almost to 17.
Tagged under Economics South Africa Cyril Ramaphosa
The old way
‘I grew up in Rhodesia,’ I said out loud recently, whilst taking a walk with my son (he’s 35, I’m 69).
His face soured.
‘Why do you have to say that? Why can’t you say Zimbabwe?’
On April 03, S&P Global reduced South Africa’s rating to ‘Junk’ status. South Africans flooded the streets demanding Jacob Zuma’s head.
Humans of the world are facing oblivion through man-made super-fast global warming and the real possibility of a final nuclear shoot-out, although a collapse of the US-dominated monetary system may come first.
Tagged under Democracy & Governance Christianity, Vatican, Catholic Church, Capitalism, Poverty, Imperialism, Climate Change, Donald Trump