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Consensus politics & paybacks for previous favours, has led to Zuma's muddlenomics.
SA urgently needs a smart leader with the testicular fortitude & foresight to pull the country upwards. As I'm observing things, at present, the slide downwards continues at ever-increasing pace.
In search of South African Technology Nuggets(R), for sale & trading in South East Asia.
Just got my notice from the Bargaining Council for the Electrical Contracting Industries about pay increases for February 2011 - 8% for people on minimum and 7% for people earning above minimum.
Inflation running at 4%.
Construction industry showing a contraction of around 40% (now that the World Cup splurge is over).
So about double inflation in a shrinking market. Yeah, I know - makes perfect sense as long as you're not the one losing your job
Prospects of a moratorium on salary increases? As long as we have centralised bargaining and stubbornly defy market forces, about nil I reckon.
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