Custom Search

Wednesday, October 3, 2012

Marikana, Economic Freedom, Political Instability - SA

While the mission might seem accomplished, there is still the unplanned and unforeseen circumstances that happened consequently in the Marikana Strike.

Some have lost their jobs as a result because the company had to loose some in an effort to save the sinking ship.

A lot of confidence was lost in South Africa (web link) as an investment destination and could very well hurt the aim to grow the economy due to lack of investment from abroad.

No country is an island and we need resources from other countries including cash injections occasionally to fund worthy projects. That as well as trading abroad but once investors are not convinced that you can handle a certain aspect of the business, the deal is off.

From what I have gathered, there is more to this than meets the eye for an ordinary South African. Looking at our neighbours for an example, the Zim dollar is a 'yoke'! It dropped when the president chased away farmers without educating the people who would inherit the land. Although that is not an angle I would entertain, there is a need to get money from outside to acquire most needed infrastructure. Proving that we are credit worthy might just give us the edge.

This is far from over, a few perceptions have been revealed that tosses the community and it will certainly change the future in most aspects.


The political interference and lack of business acumen are in contrast to economic freedom that is so bloodily sought.Winning this battle is not going to be easy indeed. There are a lot of views as well that support the ongoing battle to nationalize most of the country's main sources of income.

No comments:

Post a Comment