Rand is slowly losing steam after realizing there is not much difference between Zuma and Ramaphosa’s policies

The rand is slowly losing steam after the initial recovery following Cyril Ramaphosa’s election as president of the ANC. All the optimism about a new “president” is slowly decreasing and economists believe that the currency is falling back and aligned with previous dissertations. This comes just after Ramaphosa’s land grab threats to seize land without […]
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Generous Apartheid era handout of R50bn per year still funds 50% of Swaziland’s, 44% of Lesotho’s, 35% of Namibia’s and 30% of Botswana’s entire government revenue.

Neighbouring black states are still benefiting from Apartheid structures setup in 1969. For 50 years South Africa has been paying this money over subsidising these country’s governments.  Black Africans continue to ride the horse they flog to death… Are white South Africans really just that naive, vain and gullible? The Southern African Currency Union (SACU) is most easily identifiable in […]
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