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Thread: The future of South Africa?

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    Diamond Member Blurock's Avatar
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    The future of South Africa?

    I CAN predict when SA’s "Tunisia Day" will arrive. Tunisia Day is when the masses rise against the powers that be, as happened recently in Tunisia. The year will be 2020, give or take a couple of years. The year 2020 is when China estimates that its current minerals-intensive industrialisation phase will be concluded.
    Moeletsi Mbeki, author of Architects of Poverty.
    Why do I support this viewpoint?

    Well, only 4.7 million taxpayers support a population of 50 million. This is not economically sustainable. the 4.7 million tax payers are made up of a number of professional people who will retire in the next 5-10 years. Have you noticed how old your average doctor, dentist or pharmacist is? The youngsters are/have emigrated because they could not get jobs in South Africa.

    BEE is raping South Africa's resources and intellectual capital and is forcing an exodus of brains and capital.

    "... half of the country’s professors and associate professors were retiring within the next ten years, and not enough has been done to adequately prepare for their replacement." Speaking at the 14th National Science and Technology Forum (NSTF)/ BHP Billiton Awards gala dinner, in Kempton Park, on Thursday, Science and Technology Minister Naledi Pandor said that strategies need to be developed to “respond to this potential loss of skilled professionals”.

    The average age of a toolmaker is 54. The National Dept of Science and Technology and Dept of Education has realised the crises and is is trying to encourage a revitalisation of apprenticeships. A toolmaker can potentially create 14 jobs. These also include sales and services.

    These are not the only skills that we have lost or are losing. As these people retire or leave formal employment, their retirement income will be less and they will not be as active economically. The result will be a decline in the tax base for a growing population. In contrast, further population growth is encouraged by the social grant system which will cause more stress on the financial system, while producing less.

    With more demand on resources and a declining tax base as a percentage of the population, this is a recipe for disaster. I truly hope that I am wrong and that we will find a solution to save this beloved country of ours. The answer may well lie in a new leadership and a greater patriotism.
    Excellence is not a skill; its an attitude...

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    tec0 (25-Jun-12)

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    which one...the one where the ward councillors live in upmarket estate driving 1-2 million vehicles...have massive entertainment expenses...and visit their bankrupt ward on occassion to show the people what they actually do with the money which is suppose to go to service delivery.

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    Email problem Phil Cooper's Avatar
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    The average age in the Insurance industry is now 58!

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    Diamond Member Blurock's Avatar
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    It is interesting to note that many of the prisoners incarcerated at Robben Island entered there with as little as a std 2, but came out with at least a matric. Although also politically connected, most of the Robben Island prisoners went on to fill prominent positions in government and commerce.

    This is in contrast to their warders who were content with the level of their education and did nothing to improve themselves during this period.

    By the choices we make in life, we are responsible for our own future, but we often blame others if things do not go our way. Without education in whatever form, we have no future.
    Excellence is not a skill; its an attitude...

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    tec0 (25-Jun-12)

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    Diamond Member tec0's Avatar
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    Almost there but you forgot to factor in that new investments pulled out with the land reform as the main subject at hand thus no new money only more debts, for example Eskom's debts. No new training systems have been introduced in the last 10 years. "Despite our new found internet technology"

    Also factor in the there are more low paying jobs "not taxable jobs" then taxable jobs at the moment that increases loss. Then factor in that our Taxi organizations despite their illustrious revenue are also tax exempt so no income there…

    If you really start to factor everything in you will find that 2013 is going to be the start of the downhill race to total economical destruction. And yet everything points to mismanagement.
    peace is a state of mind
    Disclaimer: everything written by me can be considered as fictional.

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    Diamond Member Blurock's Avatar
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    4.7 registered taxpayers out of a population of 50 million says it all. Of the 4.7 mil, a number of those registered earn less than the threshold amount and therefore pay little or no tax. I think it is safe to say that less than 4 million tax payers have to support a population of 50 million.

    With unbridled population growth (encouraged by the government), illegal immigrants flocking to South Africa by the millions and retiring intellectuals, this ratio can only worsen with dire consequences for our economy.

    This situation is of course worsened by the flight of capital and lack of DFI (direct foreign investment) due to the ANC's financial policies and threats of nationalsation.
    Excellence is not a skill; its an attitude...

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    tec0 (25-Jun-12)

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    Gold Member vieome's Avatar
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    The future of SA is going to like the all other liberated african countries.
    This is the vision I have of the future.
    <rant>
    In 10 years!
    All goverment departs willl start to collapse, there will be long ques and for things like passports and ID one will have to pay some sort of bribe. In the future there will be electricity and Fuel shortages. The rand will drop against all major currencys. BEE will be in the rate of 95% for management and this will really affect industry. An informal sector will develop with many side of the road businesses that dont pay taxs. A system of black markets will arise for fuel and forex, most of the black markets will be controlled by goverment ministers.

    To keep a hold on power the powers that be will in 10 years time start pushing for serious land reform and drop the policy of kill the farmer(conspiracy) to remove him from the land, . With the collapse of most industrys and a drop in tax revenue the MP will have to come up with new ways to line their corrupt pockets, and one way is to take land from farmers just before the harvest, MP in Zim made a fortune doing this. Then they will take industry and mining again all in the name of empowerment with the wool covering the fact that it is all theft greed, as the masses never get any.

    The banking system will start to suffer, as many will take loans and never pay them back.
    The constituion will be changed to give the leader more power, and 3 terms or more. The press freedom will be totally gone. Goverment departs will baloon in size and govt will employ 70% of all the people employed in SA.

    It will take years to get a passport or ID when the govt systems collapse. Crime will increase 50 fold. As the crime increases there will be numerous police roadblocks called by the govt the banner will be to protect citizens, these road blocks will be really for collecting bribes a hidden road toll if you like. The roads will become pot holed. The quality of water will drop, hospitals will be a dangerous place to be, with lack of medicines. There will be outbreaks of dieases like cholera.

    So as a business man, what should you do to to keep the edge. Start investing in forex. Start investing in water purification, electric generators, electric invertors. Set up fuel holding tanks.
    Cosatu general-secretary Zwelinzima will start his own democratic party and become a serious threat to the ANC, perhaps with Julius as a side kick.

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    Site Caretaker Dave A's Avatar
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    Quote Originally Posted by vieome View Post
    This is the vision I have of the future.
    <rant>
    In 10 years!
    Some might argue a lot of that applies already
    The trouble with opportunity is it normally comes dressed up as work.

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    Email problem Phil Cooper's Avatar
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    Argue?

    Who would argue? All would concur!

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    Site Caretaker Dave A's Avatar
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    It's sure going to be interesting to see what comes out of the current ANC policy conference.
    The trouble with opportunity is it normally comes dressed up as work.

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