BOB Grabs 51%

[john_1]

Appart from the economic disaster. This will effect many SA inc companies...Priced in or yet to happen?

[CHATTYCHAT]

i m o the Zim economic disaster is priced in, although the disaster attracts new attention every time something spectacular is in the news and the market might just respond negative (again). The 51% is a little without details: I doubt this is a nationalisation campaign? If it is old bunny BOB really has got SA and the world by the short hair.

[#3]

Zimbabwe could be seen as a Modern Version of The Great Depression (1928-1932). What followed was possible buying opportunities to savvy investors who had money and could wait out a lifetime for a return.

[barry_1]

No one pays income tax any more,government officials are embarresed by Bobs doings and are only too glad to get their pay at the end of the month.Naomi's sister works at the PETERHOUSE school at Marondera and says that they have run out of bread and other essentials and have a daily power cut of twelve hours to save electricity.They rely on donations from the handful of farmers still there and former pupils in South Africa for supplies.Holidays now but are thinking of asking pupils not to return in the new term however some pupils are resident.thats an example of how ordinary citizens are affected by BOB.

[#5]

The real effect on SA is being caused by the fact that the world is seeing thabo do f##k all about the crisis.

[john_1]

I would like someone to explain to me why SADEC gave the man a standing ovation.. this is not in any way meant in a derogatary way I am simply trying to understand what the thinking is.

[topgun]

did not our deputy pres say some time ago that we have much to learn from the positive features of Zim's land redistribution programme - even while SA's food production has been on a steady downward slope! but then Kebble is/was also regarded as a great south african. lol

[org]

Mugabe is supported by the big capitalists,like implats.They want a country to be poor, so they can control and manipulate easier.On classic FM the CEO of implats said that he has a good working relationship with Mugabe.The west recognises Mugabes government as legal,and accept his ambassadors....

[#9]

'Working relationship' is a euphemism for 'managing a derranged egomaniac'. Last I spoke with Implats management, their strategy is to build roads, schools, and invest in other social projects, in exchange for credits, to be offset against 'indiginization'. So far the strategy is holding. The plats have made it clear that if they are pushed to far, they'll withdraw. Since platinum mining has its own specialisations, Mugabe won't easily replace the mining houses, and the shafts will simply close down. So Mugabe pretends to believe building a road in a backwater is tantamount to indiginization, and the plats pretend they have a 'working relationship' with Zanu.

[quovadis]

The local media over just the past week makes for depressing listening/reading on the political and crime front. Are we not going down the same road as Zimbabwe?

[topgun]

Having lived in Zim in the 1980's after "independence",I can assure you that crime there never reached the scale and proportions that we encounter daily in SA. The next question you have to answer for yourself provided you are not in denial about reality like the majority of my countrymen!

[#12]

hmmm, well latest research shows SA has a higher crime rate than Congo, Angola, Nigeria, Sierra Leone, Zim, Rwanda and Liberia... but hey since our beloved leaders say things arent soooo bad I guess we should just stop complaining.

[#13]

No, unlikely. Doesn't mean things won't get difficult, but there's too many different centres of power and influence in SA to fall under the control of one man. In fact, you could say a lot of the stuff going on now is precisely because Mbeki is weak, and there's an awful lot of arm-wrestling going on in the ANC right now precisely because the ruling party has no definitive centre of power. In Zim, on the other hand, all roads lead to Bob.

[topgun]

...and perish or vanish??

[dimitrius]

There is no political will to change the crime situation in this country. Don't believe the PR garbage and feigned attempts to convince overseas investors that they have a "plan". I'm involved with these issues at a national government level, and I can promise you that as we stand today, we are on the road to replicating the Zim crisis in SA. I'm making plans to move my family overseas in February next year.

[Preston]

Tribalzone . Agreed. But does that research also inform us of the number of illegal Congo, Angloean, etc,etc that has crossed over into SA Borders and are commiting these crimes. And as for South Africa following in Zim footstep. High unlikely. South African have endured the brutal past and are bit more aggresive when DIctorship is borne.

[#17]

You can speculate on where the criminals have come from but from personal experience its the South African born criminals who are the violent savages causing all the problems, besides I couldnt care less if they came from Timbuktu the fact of the matter is its happening IN South African and not enough is being done about it by the spin doctors.

[john_1]

What do you guys make of the Selebi story.

[#19]

aint the exchange rate a biatch... If the rand was R5 to the euro I would have been gone already... but alas its only a matter of time now.

[quovadis]

Can there ever truly be a political will to address crime levels when the state uses taxpayers money to publicly criticize a High Court judgment in the media (rather than to appeal against the judgment) and (according to the SABC nogal ... remember the fuss about who really appointed the members of its board) a warrant for the arrest of the highest ranking law enforcement officer in the country has been issued (and he's still allowed to be at work in his office).