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Nairaland Forum / Nairaland / General / Politics / South Africa R500bn Covid 19 Stimulus Fund (2060 Views)
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Re: South Africa R500bn Covid 19 Stimulus Fund by JaceBlaze: 3:50pm On Apr 22, 2020 |
zhike: Thanks E go know me well. 1 Like |
Re: South Africa R500bn Covid 19 Stimulus Fund by Nobody: 4:21pm On Apr 22, 2020 |
JaceBlaze: Goes strait into accounts not as food parcels 1 Like |
Re: South Africa R500bn Covid 19 Stimulus Fund by Randerl: 4:22pm On Apr 22, 2020 |
zhike: South Africa is a country that works, That is how to take care of your people. Over 10 trillion naira be that. 2 Likes |
Re: South Africa R500bn Covid 19 Stimulus Fund by Nobody: 4:25pm On Apr 22, 2020 |
Randerl: Not 1.t trillion naira Its 12trillion naira |
Re: South Africa R500bn Covid 19 Stimulus Fund by Randerl: 4:25pm On Apr 22, 2020 |
vandalZA: This is a working country. See as dem break am down. Solid planning. 2 Likes 1 Share |
Re: South Africa R500bn Covid 19 Stimulus Fund by Randerl: 4:30pm On Apr 22, 2020 |
Austine1212: Sir p made a mistake in that quote. It should be 10.2 Trillion |
Re: South Africa R500bn Covid 19 Stimulus Fund by JaceBlaze: 4:32pm On Apr 22, 2020 |
Austine1212:Great! 2 Likes |
Re: South Africa R500bn Covid 19 Stimulus Fund by Bevista: 4:47pm On Apr 22, 2020 |
Kyase:The US has a population of 380 million. What's your point? |
Re: South Africa R500bn Covid 19 Stimulus Fund by zhike: 6:00pm On Apr 22, 2020 |
Cholls: lol, Nigeria is a dead lion. |
Re: South Africa R500bn Covid 19 Stimulus Fund by zhike: 6:02pm On Apr 22, 2020 |
Kyase: I agree with you 1 Like 1 Share |
Re: South Africa R500bn Covid 19 Stimulus Fund by zhike: 6:03pm On Apr 22, 2020 |
Austine1212: I agree with you |
Re: South Africa R500bn Covid 19 Stimulus Fund by zhike: 6:06pm On Apr 22, 2020 |
Maybe Nigerian leaders should go to South Africa for leadership training. 1 Like 1 Share |
Re: South Africa R500bn Covid 19 Stimulus Fund by vandalZA(m): 6:10pm On Apr 22, 2020 |
JaceBlaze:That's not true this comes as cash to unemployed individuals and the is an ongoing distribution of food parcels of more than 250 000 to poor house hold. So because of corruption and connected families to the ruling party, who happens to be the favourites to the distribution of this food parcels, the government decided to give away vouchers to purchase food instead food parcels or cash to poor families. 2 Likes |
Re: South Africa R500bn Covid 19 Stimulus Fund by vandalZA(m): 6:13pm On Apr 22, 2020 |
zhike:100% correct. 1 Like |
Re: South Africa R500bn Covid 19 Stimulus Fund by Lionessza6(f): 8:38am On Apr 24, 2020 |
.[/quote] Where did Ramaphosa say he will get the money from again ? 1st screenshot?. Apparently he also claims there will be no " conditionalities" attached to the loan . And some pea brained followers actually believe that a loan shark will give you his or her money without any conditions or " little favours " here and there . This seems more like history repeating itself , but the idiots brainwashed by the SA media will learn the hard way in a few months and the coming years. De Klerk and his cabinet, enacted a statutory body called the Transitional Executive Council(TEC) of South Africa which was Chaired by Pravin Gordhan and gave him Executive Powers. Pravin Gordhan signed off a $63 Million debt owed by the apartheid government of FW De Klerk with the IMF; a loan which was payed off over 8 years by ordinary South Africans including the African majority who were victims of apartheid. When Nelson Mandela became the "first" democratically elected President of South Africa in 1994 he said the following about the IMF loan: “We are limited in South Africa because our democratic Government inherited a debt which at the time we were servicing at the rate of ... 30 billion rand a year. That is thirty billion we did not have to build houses, to make sure our children go to the best schools, and to ensure that everybody has the dignity of having a job and a decent income.” (ACTSA 2002). .... Not only was the loan signed by Pravin Gordhan an impediment to economic development it also came with some conditions which where affirmed through a letter of intent assuring the IMF that when the ANC got elected into Power in 1994 it would implement sound fiscal and economic .. reforms which included; 1. The Independence of The Reserve Bank and the Public Investment Corporation 2. Protection of Intellectual and Property Rights 3. Privatisation of State Owned entities 4. Lowering corporate Taxes 5. Relaxing exchange controls et cetera. These conditions are still enforced today and when we ask we are told we should leave such matters to experts such as tito mboweni, Maria Ramos and Kganyago. These are the same people trained by the IMF and World Bank whom with Pravin Gordhan oversaw...the cancelation of the apartheid debt that trapped South Africans. Hence the establishment will continue to protect him at all cost for he is its saviour. Today SAA is being sold cheaply to the same people who destroyed it . Apparently it cant be bailed out by government or the PIC,but the likes of EDCon and others can . So the current administration would rather bailout sinking privately owned companies than save 5000 jobs . The same PIC has people like Maria Ramos ( Trevor Manuel's bed mate )..a person who never denied manipulating the currency in her position in the *independent* (reserve bank ),just to cause economic chaos during the "9 wasted years ". the next target is Eskom,France has put its hand up ,they want to buy the power utility ,and we all know their reputation in west Africa. Whoever ranmapgosa will sell the company to ,will not only control the economy and governance of SA,but will be the master of SADC since many of these countries depend on Eskom . Recolonisation or tightening of the chains? . The poorer of the country and the region at large will not only not afford electricity, but the food prices will go up. Small and medium sized businesses will be forced to shutdown,so that the monopolies could rule without any competitors . The new spaza shops in some townships on screenshot 2 ;
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Re: South Africa R500bn Covid 19 Stimulus Fund by Lionessza6(f): 10:19am On Apr 24, 2020 |
daddytime: Yes she and the local foot soldiers of the banker state have started already. She will be the one to take the fall though . She will be called;" the incompetent black foreign idiot " . Watch the space ..... |
Re: South Africa R500bn Covid 19 Stimulus Fund by daddytime(m): 10:25am On Apr 24, 2020 |
Lionessza6: Or the Nigerian scammer |
Re: South Africa R500bn Covid 19 Stimulus Fund by Lionessza6(f): 10:37am On Apr 24, 2020 |
daddytime: Lol, and that too ( which she is anyways) . That's why she is perfect for the job. |
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