Saturday, 28 February 2015

The Story of Africa



The past weeks have demonstrated many of the problems that have beset Africa over the years.

The Lesotho Minister, after disbanding Parliament to avoid a vote of no confidence in him being taken, escaped to South Africa to ensure his safety.  SADEC was called in to restore stability, and that organization, headed by Robert Mugabe and represented by Jacob Zuma arranged for the elections, which went off peacefully, albeit it under a heavy armed guard of SADEC Military and Police.  The irony of an organisation headed by two of the least democratic leaders in the world ‘ensuring’ the democracy of Lesotho, which the Prime Minister explicitly ignored by his actions against an essential process of democracy, appeared to have escaped the media.

In South Africa, xenophobia enjoyed a continuing resurgence, with the stores of foreigners being looted and then burnt and in one cases, the store owner being doused in paraffin and set alight.  South Africans have come to expect the shifting of blame for the poverty of the nation from the Government, which bears the sole responsibility, to the foreign shopkeepers as a normal situation, but the reversion to the program of necklacing, a favourite of the ANC in the run up to the change of Government is worrying.  In the light of the manifest racism of the ANC and the EFF, South Africans who are not Black must wonder when they too will become targets of this racist behaviour.

This, shortly after Jacob Zuma made a conciliatory speech in Parliament, thanking the Leader of the EFF for his contribution to the State of the Nation debate (in which the two most noteworthy contributions were a demand to ‘pay back the money’ and a clearly racist diatribe about how the majority of the economy is still controlled by Whites, with a demand for nationalisation of mines and banks.  Zuma stated, in his insincere, sniggering, way that Whites are welcome in the country, although he reaffirmed that the problems of South Africa started when the Whites, represented by Jan van Riebeeck, were the source of all the problems faced by the country.  He made no mention of the fact that the civilised and industrially advanced Europeans arrived in a part of the country which was then not occupied by the Blacks who, in any event, were still stuck in the Stone Age, with no industry and no democracy.  The remark, made by the least credible President the country has ever had, left a large doubt in the minds of those who have built the economy and now find themselves to be targets of opportunity for most of the actions of the Government in correcting the problems that the ANC has created.  The rest of the debate, as expected, went nowhere, with the ANC confining their contributions to snide attacks on the Opposition, and with very little real discussion of the parlous State of the Nation, no credible plans being announced to correct the numerous problems facing the economy, other than the bald statement that ‘we have plans’, and a high degree of arrogance being displayed by the ANC in the face of glaring evidence of their incompetence and corruption.  That was followed by the presentation of the Budget, in which every opportunity to correct the high rate of unemployment was disregarded, and the levies on fuel were increased to nearly half of the retail price of petrol.  The Minister of Finance made the usual promise, without plan to cut State expenditure by R25 billion on a total of R1,3 trillion (– less than 2 %!) and to control corruption, without making any reference to the fact that the Presidency overspent by R45 million on travel.  The promises are all as hollow as they have always been, the praise as insincere, the arrogance as staggering and the divorce from reality as far as always.

The whole mess was wrapped up at Mugabe’s 91st birthday celebration, an affair that cost as much as the gross earnings for the month of half of the population of the country, with the slaughtering of two elephants (an endangered species) and remarks that the remaining five hundred White farmers (also an endangered species, down from five thousand, with a concomitant reduction in the food production) will be displaced by new legislation to ensure that their farms are handed over to the indigenous population.  This is no surprise to the intelligent observer.  The lunacy of Mugabe’s policies have been evident for many years, with the theft of the farms from the people who built them up, to be handed to Party favourites who have no clue about farming, and the indigenisation policy, which requires that mines and other industries be owned to 60% by locals (although, in accordance with the policies of the ANC in South Africa, the ‘locals’ must be carefully selected, not for their financial strength or their ability to contribute to the business, but for their Party affiliation).  The only surprise is that investors do not see the trend.  It is clear that Zimbabwe wants the investment and the expertise, and the Party wants the profit, in the belief that the asset belongs to the Party and the foreign investors have an obligation to provide the funding, the skills, the education and the experience, for no benefit to themselves.  What is even more surprising is that so few people are able to connect the dots, to make the picture that shows South Africa heading rapidly down the path that Mugabe has committed Zimbabwe to.

The summary to the South African situation was provided by the ratings agencies, which informed the Government that they now faced a probability that their rating would decline further. 

It seems that there are some sane people in the world.

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