Friday, January 30, 2015

Investor Warning: South Africa

 https://endzog.files.wordpress.com/2013/04/snapshot000052.jpg?w=510

The accompanying cutting, from today’s Mercury, serves to confirm that South Africa is indisputably on a Zimbabwe-style road to rack-and-ruin: Black ANC government ministers, including King Kong himself, regularly attend overseas’ business conferences to attract Overseas’ Investors. Any potential Investors must, however, be warned about the accompanying article and be warned about the treachery of our black leadership scum. Furthermore, I must remind potential investors about the perils of the ANC government’s racist Affirmative Action/Employment Equity, and BEE, regulations:  inexperienced, poorly-educated, parasitical blacks must be given employment preference, irrespective of more competent, better-qualified Whites. 

Stipulated minimum wages, furthermore, are proving to be very inflationary in the light of poor productivity. Similarly, Black Economic Empowerment is a situation in which politically-connected blacks get handed huge sums of cash, to start their own businesses, but these morons seem to think that “turnover is profit,” and spend everything on big homes, luxury vehicles and expensive clothes, etc. The BEE success rate is estimated to be less-than 10% but government continues with this drain on our fiscus!

A long story but l would certainly think twice before investing in this Gucci-Socialistic, crime-ridden country!

Kind regards,

Les Vincent
Durban

Focus on land reform

THE ANC is placing emphasis on the need to speed up land redistribution amid increasing pressure from opposition such as the EFF and Numsa. ANC secretary-general Gwede Mantashe said yesterday that the ruling party was calling for a cap on land...

19 comments:

  1. Proof that blacks (as a race) will never, can never, be equals to whites. Don't believe me? Look at those pictures.

    ReplyDelete
  2. If ever there was a case for an International Divestment, South Africa takes that cake. White Guilt - going, going, gone...

    ReplyDelete
  3. Anybody who would invest in South Africa would be an example of a fool and their money being quickly departed.

    ReplyDelete
  4. Brock, as an ex-pat South African (Afrikaans) white male now living in the USA, I appreciate the exposure you are providing to the ANC (read BLACK) atrocities happening in South Africa. All my family still lives there and I fear for them every day - I fear receiving that midnight phone call that one or more of my family have become a victim and just another statistic.
    And the rest of the world does nothing about the genocide.
    "Cry my Beloved Country"

    ReplyDelete
    Replies
    1. Thank you and I guess your family doesn't want to leave........?

      Delete
    2. Many of them would want to leave, but with the ZAR exchange rates dropping to lowest levels ever - approaching Zim $'s - it is not financially possible. If I had the funds to help them relocate, I would do it in a heartbeat. Right now I am working hard to divest my last RA that are maturing in South Africa, before the bottom drops out of the exchange rate and as it is, it is not worth much in USD terms now anyway.

      Delete
    3. Too bad and guess they can't sell enough for the tickets. Well, good luck.

      Delete
    4. Legal AlienJanuary 30, 2015 at 1:12 PM: And I bet they have tall fences surrounding their homes.

      Delete
    5. They (most likely) can't leave. SA has passed laws prohibiting the skilled from departing.

      Delete
    6. tall fences surrounding their homes.

      I hope so.

      Delete
    7. prohibiting the skilled from departing.

      That rings a bell.

      Delete
  5. Do they live near Orania? They can come to Michigan - very affordable here due to all the bankruptcies....

    ReplyDelete
    Replies
    1. My family are all mostly in the Pretoria (now Gauteng) region.
      The Orania experiment that was started before I left the country, seems to be operating quite well at this time. Time will tell how they will be allowed to survive in the future.

      Delete
  6. Could they go to the American Embassy and plead for Refugee status like those who got free tickets out of Somalia and other hellholes around the world?

    ReplyDelete
  7. Sorry Sioux, if they are white or Christian or worse yet both, they will be denied entry into the FUSA. You see those people are of the wrong kind. Now if they were muslims or illeagels then that would be a different matter. They can be counted on to vote democrat. Democratic party uber alles.

    ReplyDelete