Move your money
IN 2004, 19 824 PEOPLE were murdered in South Africa. Since the Iraq war began in 2003, a total of 3 333 soldiers have died. Clearly, lawabiding citizens are at war in their own countries and their governments have absolutely no intention of protecting them.
After all, in SA the chief of police is a mate of a notorious criminal and sees nothing wrong with that. The roads have become completely lawless with drivers now driving on the wrong side of the road, ignoring red traffic lights, jumping stop streets, etc. It’s time for law-abiding citizens to vote with their feet by moving their money out of this country. If we look five years down the road, post-2010, can anyone actually see an improved situation, ie crime under control, constant power supply, well-run hospitals, efficient education, flowing traffic, productive workers, accountable politicians?
Personally I can’t, and I doubt foreign investors can either, hence the lack of fixed investment in this country. As the country continues its slippery slide towards Zimbabwe, the returns delivered by investment markets will follow suit and the citizens of the country will become progressively poorer. So it’s time to start moving whatever money you can, out of the country.