Comrades, Thanks for the reserve bank to lower repo rate by 100 point basis. This will go a little down well to workers. This is because they suffer the most through bond, the transport fares, food prices, the high rate of retrenchment and so forth.
The question that we need to answer is, do we need to major our growth rate through interest rate? What other instruments can be utilised to do the same job, if available, why can't we use them? What I had noted is more poor communities being the one that are penalised in favour of the already established wealthy one. No one want to invest in Mamelodi because there's a high number of people unemployed. Than to put to the suburban where prices will be high and the wealthy can afford it easily. The poor had to pay for the transport to get a service in town rather than in the location where they can walk. Investment in township is mad a fashion through the malls while decision makers are in towns. Malls revenues continue to assist the development of white areas and schools while in townships we still lack computers, access to internet, lack of better services from the cellphone networks, lack of fresh vegetables market. Our challenge is no longer in terms of struggling to live a better life but on deployments. The emergence of shikota is as a results of a mansion destroyed while in the building phase. While I can't exclusively say we are safe, but I can safely say we are in a better position to uproot the good boy and good girl syndrome. My vote this year will not go alone but will be accompanied with a commitment to work hand in hand with those that are available to champion the freedom of the poor in our society. Amandla Wonder Disclaimer This e-mail and any attachments transmitted with it are confidential and intended solely for the use of the individual or entity to whom it is addressed. If you have received this e-mail in error please notify the sender and delete the original message. Any views or opinion expressed in this e-mail are those of the author and do not necessarily represent those of the Department of Labour. The recipient should check this e-mail and any attachments for the presence of viruses and other destructive codes. While all possible precautions have been taken, the Department accepts no liability whatsoever for loss or damage resulting from the opening of this message or attachments, or the use of the information contained in this message or attachment. --~--~---------~--~----~------------~-------~--~----~ You are subscribed. This footer can help you. Please POST your comments to [email protected] or reply to this message. You can visit the group WEB SITE at http://groups.google.com/group/yclsa-eom-forum for different delivery options, pages, files and membership. To UNSUBSCRIBE, please email [email protected] . You don't have to put anything in the "Subject:" field. You don't have to put anything in the message part. All you have to do is to send an e-mail to this address (repeat): [email protected] . -~----------~----~----~----~------~----~------~--~---
