Most of us are more than a bit worried by the direction this is taking.
First of all he has announced that there will be a change to the constitution by introducing a bill to take land with out compensation.What most of us find annoying is that the state already holds a vast amount of government land. The shaky assurance is given that fully productive land will not be included!
WHO DECIDES THIS WE WONDER !
Africa states till now after gaining their independence have mostly all tried this approach with disasterous results to date as confidence in their countries has plunged them all to deep junk status !
Secondly as graft has lost ESCOM (electricity) their double AA rating and driven their lending terms into junk ,they can not secure a loan to carry on working.
ENTER CHINA for this and other state enterprises in trouble. I do hope that have firm accountability and will repay these loans on due dates,other wise China will find other less desirable methods of repayment such as introducing thousands more of their citizens to this country as an immigration destination.
A NEW FORM OF COLONIALISM WE SUPPOSE!
Africa's motto has always been "Africa ruled by the Africans for the Africans" an admirable slogan.
Our neighbor Zimbabwe are so deeply in debt to China that they first went to China to ask their permission before they disposed of their long time dictator Mugabe !
The newest page updates are in the right hand column. The latest update are at or near the top of the updates.
Showing posts with label Zimbabwe. Show all posts
Showing posts with label Zimbabwe. Show all posts
Wednesday, August 1, 2018
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 !
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!
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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.
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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.
Tuesday, January 2, 2018
A GREAT BOOST FOR THE NEW YEAR !
THE OLD YEAR ENDS ON A VERY POSITIVE NOTE FOR SOUTH AFRICA AS THE RAND SURGES TO LEVELS LAST SEEN MONTHS A GO ON THE BACKGROUND
OF CHOOSING
A NEW PRESIDENT NOT MIRED IN SCANDAL AND ONE THAT IS A SUCCESSFUL
BUSINESS MAN AND SHOULD BE FAVORABLE TO BIG BUSINESS THAT WILL CREATE JOBS AND REVERSE THE PROCESS OF DOWNGRADES.
How ever the mood is still sombre in more enlightened circles as the president elect did not have a clear run as the former president nominated his wife who won almost half the seats and many radical resolutions were adopted that are supposed to be implemented by the new president.
The worst of these is land grabs, that is taking good agricultural producing land with out compensation and re-distributing it to the peasants . Our neighbor ,Zimbabwe did this under the dictator Mugabe . The result was disasterous as their economy collapsed completely. That country was the bread basket of Africa. As usual the majority land was distributed to Mugabe relatives. They had no money to pay for imports and no food to eat.Days of celebration followed the overthrow of Mugabe after thirty seven years of hardship and death of many from starvation.
South Africa considers itself more sophisticated ,but such populist veiws are held by a vast amount of tribal people ,who want to this to be extended to the cities as well.
Although the racial card is played as it is said whites hold most of the profitable enterprises,this is not simply true.After three hundred years in this country there very few pure white families left!
The civil service is 95% black now,which leads to another point that their pension fund is wholly dependent on shares on the stock exchange to grow their pensions,if these are seized they would end up with no pensions.
Another call is for the mines to be nationalised.
These mines also pay heavy taxes and in some instances royalties which would immediately be lost to the fiscus if nationalised.
As the rulers now can not even run the government or semi-parastatals properly how earth will they manage the mines!
Do remember that the government already runs the national airways and electricity supply at increasing huge losses !
1.SEE THE SIDE-BAR FOR LATEST UPDATES.
NEWEST UPDATE ALWAYS AT THE TOP OF THE LIST.
UPDATED a)Barry and Naomi's Small Caps.
b)My specialist watch list from 2015 to 2018
c) Abacus updates
d) The final declarations of the NEW WINTER LIST ARE NOW IN PLACE for 2018
e) Summer and Autumn updates now also in place. 2.Students of various disciplines use labels and archive to help them in their studies,also investors .See side-bar
f) Mining and resources update in place.
3.For something really different and entertaining Google : Bar-Nam Doings
OF CHOOSING
A NEW PRESIDENT NOT MIRED IN SCANDAL AND ONE THAT IS A SUCCESSFUL
BUSINESS MAN AND SHOULD BE FAVORABLE TO BIG BUSINESS THAT WILL CREATE JOBS AND REVERSE THE PROCESS OF DOWNGRADES.
How ever the mood is still sombre in more enlightened circles as the president elect did not have a clear run as the former president nominated his wife who won almost half the seats and many radical resolutions were adopted that are supposed to be implemented by the new president.
The worst of these is land grabs, that is taking good agricultural producing land with out compensation and re-distributing it to the peasants . Our neighbor ,Zimbabwe did this under the dictator Mugabe . The result was disasterous as their economy collapsed completely. That country was the bread basket of Africa. As usual the majority land was distributed to Mugabe relatives. They had no money to pay for imports and no food to eat.Days of celebration followed the overthrow of Mugabe after thirty seven years of hardship and death of many from starvation.
South Africa considers itself more sophisticated ,but such populist veiws are held by a vast amount of tribal people ,who want to this to be extended to the cities as well.
Although the racial card is played as it is said whites hold most of the profitable enterprises,this is not simply true.After three hundred years in this country there very few pure white families left!
The civil service is 95% black now,which leads to another point that their pension fund is wholly dependent on shares on the stock exchange to grow their pensions,if these are seized they would end up with no pensions.
Another call is for the mines to be nationalised.
These mines also pay heavy taxes and in some instances royalties which would immediately be lost to the fiscus if nationalised.
As the rulers now can not even run the government or semi-parastatals properly how earth will they manage the mines!
Do remember that the government already runs the national airways and electricity supply at increasing huge losses !
1.SEE THE SIDE-BAR FOR LATEST UPDATES.
NEWEST UPDATE ALWAYS AT THE TOP OF THE LIST.
UPDATED a)Barry and Naomi's Small Caps.
b)My specialist watch list from 2015 to 2018
c) Abacus updates
d) The final declarations of the NEW WINTER LIST ARE NOW IN PLACE for 2018
e) Summer and Autumn updates now also in place. 2.Students of various disciplines use labels and archive to help them in their studies,also investors .See side-bar
f) Mining and resources update in place.
3.For something really different and entertaining Google : Bar-Nam Doings
Friday, December 1, 2017
Lessons and Surprises !
Do check out the side-bar for all the latest updates on a variety of subjects from Shares,Derivatives and items such as Bitcoins. The latest updates are always near the top of the list
1.The eyes went open of many of our South African socialist politicians when they observed how the population of our neighbor state ZIMBABWE went wild celebrating in the streets for days at the fall of the socialist leaning tyrant Mugabe was deposed after 37 years in power.
At independence Zimbabwe was referred to as the breadbasket of Africa. Our local politicians held him up as some one they would aspire to be like!
2. Agro-mining is likely to be the the in thing in future. That is using plants to take up metals especially on worked out mines ,then to extract this from the plants to get the minerals from the harvested plants and then process the contents.
3. At the moment lithium batteries are over shadowing fuel cell technology especially in passenger autos.
4. All these resource subjects will be further commented upon on the Bvians Abacus Information Alerts website. So be sure to check it out.
1.The eyes went open of many of our South African socialist politicians when they observed how the population of our neighbor state ZIMBABWE went wild celebrating in the streets for days at the fall of the socialist leaning tyrant Mugabe was deposed after 37 years in power.
At independence Zimbabwe was referred to as the breadbasket of Africa. Our local politicians held him up as some one they would aspire to be like!
2. Agro-mining is likely to be the the in thing in future. That is using plants to take up metals especially on worked out mines ,then to extract this from the plants to get the minerals from the harvested plants and then process the contents.
3. At the moment lithium batteries are over shadowing fuel cell technology especially in passenger autos.
4. All these resource subjects will be further commented upon on the Bvians Abacus Information Alerts website. So be sure to check it out.
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