The Best One can do Now !

  The best one can do now is hold onto sections of stocks one knows are going to be needed in future to supply the needs of the world popula...

About Me

Retired but always looking for new challenges.
Showing posts with label RAMAPHOSA EFFECT. Show all posts
Showing posts with label RAMAPHOSA EFFECT. Show all posts

Monday, July 2, 2018

EXPECTATIONS !

We all expected that it would be plain sailing once we had got rid of the kleptomaniac government of Jacob Zuma in which he and his followers ruined the South Africa ,in his nine years in power. Unfortunately those followers especially at the lower levels are are still mostly in place and are reluctant to give up their ways as they continue to loot the state coffers in underhand ways thinking only of themselves and not the tax payers ,the helpless poor pensioners and poor starving populace that can not find work.
 President Ramaphosa has replaced many of the higher rank wrong doers. Of course things can not happen fast enough and the socialist elements within the ruling party namely the ANC makes wild promises which they cannot keep. 
So now to cover their sins they are pushing the land grab with out compensation! 
Also the mining charter which promised so much work is being pushed in a direction which bodes badly for the country as no investment is likely if it continues along the present path of quotas and instruction as to how mining houses must proceed. In fact there is no need for a charter at all,as we have adequate laws covering common law events the same as many advanced countries in Europe!
 It's a pity to see our President is now going along with these ideas in an effort to win the next general election in 2019.

SEE THE RIGHT  HAND SIDE BAR FOR THE LATEST PAGE UPDATES ESPECIALLY THE MINING STOCKS THAT ARE STARTING TO RUN !

Monday, April 2, 2018

THE UNFORSEEN CONSEQUENCES OF CONFISCATION !

GOOGLE- BVIANS EDGE -FOR EXCITING NEWS!
---------------------------------------------------
The confiscation of land with out compensation is abhorrent in the Western Civilized World, and rightly so!
It would seem as an extreme left-wing with in the African National Congress and sister party the EFF have exploited a weakness in the change over of power to Ramaphosa the new President as a sop for their votes that helped topple the former president Zuma.
The new president has done much in his short time in power to reverse the looting of the state coffers which has brought us to one notch above junk status. Moodys seems willing to give us the benefit of the doubt for at least the next six months and has even upgraded us to stable from likely down grade! 
Ramaphosa latest move by replacing the revenue services head who was helping Zuma with state capture for his own ends.The revenue will recall former well educated persons and their independence will be restored.
One of the unforseen consequences of the land grab legislation which has not come into law yet and has to go thru two more stages where it is being vigouresly  opposed by opposition,is the largely unreported illegal occupation of so-called land farmers are letting lie fallow so as to preserve the ecology, by bus loads of obese, extreme  party supporters.Six police or so might turn up,then beat a hasty retreat when threatened.
Its not as if there is no land available as roughly three thousand farms were sold to the state at reasonable prices when the new constitution was adopted in 1994. They now are mostly in the hands of Zuma officials or lying dormant.
If it were not so sad it would be funny as these paid idle land invaders dwindle  noticably as the harsh conditions of being on farms without amenities is obviously not for the feint-hearted! Startling to see half built shacks completely only a a handful to claim squatter rights.Costs farmers a great deal to legally remove these.A great deal of intimindation towards the farmers,plus the locust mentality apply, they really do not want to farm,but are interested in making a quick buck !
According to these left-wingers,an unproved 70% of producing farms is still in "white hands  ! " In this number they include Europeans,Asians 
 and what they call sell-out blacks and companies belonging to all races.It would seem any body that bought the arable lands and cattle farming areas some times from the present government and are successful and pays 90% of the farming area tax are being targeted. If their move succeeds there will be starvation as witnessed in our neighboring country Zimbabwe.

SEE THE LATEST UPDATES AT THE  TOP OF THE RIGHT  HAND SIDEBAR 

UPDATES OF PAGES ARE NOTED ON TWITTER  OR BOOKMARK AND VISIT MONTHLY.

Friday, February 2, 2018

A SOUTHERN AFRICAN MINING REVIVAL ON THE CARDS !

Already some exploration companies from Canada and Australia are coming to our country to" test the waters" so to speak. That is to see if the new president elect can make this country mining friendly again. Optimistic talk is  on the increase again, as more mining friendly announcements are made. Unfortunately the new head of state is only likely to take over  next year, unless the incumbent is removed earlier,a difficult task at best.
  Our country is mineral rich  in quantities  that make mining worth while. Unfortunately very little exploration has been done for a couple of decades as the environment was hostile with seizing assets the talk of the day and increasing impossible taxes proposed .
 We locals feel  quite confident these days and feel the future is bright in providing much work for the population and a decent income for workers.
1.CLICK ALSO MINING AND RESOURCES NEWS IN SIDE-BAR FOR GREAT UPDATES

2.Also read my most popular page in the side-bar for new stocks this year -namely -MY SPECIALIST REVISED WATCHLIST

3. See the NEW  Medium Cap Shares in the side-bar as well as all the other updates.