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lgleason | 4 months ago
- Many communities still rely on water trucks instead of water pipe infrastructure. The government loots the funds for it, meanwhile the entire system is on the verge of collapse and there are regular water shortages.
- With the electric grid, the amount of load shedding in the past few years where people are regularly without electric to 6-8 hours a day is absolutely crazy. The country didn't used to experience that. Also, cable theft is common, which wasn't an issue 30 years ago.
- 1.6 million people out of 66 million pay 76% of all taxes.
- Public healthcare in ZA is bad and not recommended by anybody who values their life.
- South Africa has more race laws today than it did during apartheid.
- It has a violent crime rate that is one of the highest in the world.
- Unemployment is high.
- It has suffered from massive underinvestment in infrastructure over the past 30 years.
- Extremely high levels of government corruption.
One thing that really brought home how the situation is in South Africa is was when I was talking to someone I know who works for a furniture company there. They used to make all of their furniture in the country, but recently started importing it from China because that is cheaper than producing it locally. Keep in mind that is with an average daily wage of $30 for a factory worker. If a country with South Africa's nature resources and inexpensive labor cannot compete with China for manufacturing furniture for the local market, it is deep trouble.
That is probably why the CEO of a local Tile Manufacturer recently said that South Africa is one of the worlds least manufacturing-friendly economies due to onerous regulation, infrastructure deterioration, energy uncertainty and rising costs.
mad_tortoise|4 months ago
- Loadshedding is no more.
- The tax issue is precisely the problem that needs redressing and is primarily because of past injustices. You're almost there.
- I have been treated in public hospitals and while not perfect the access to healthcare is impressive.
- I agree with the race laws. Your basis that SA has more race laws is gaslighting due to the fact of the homeland act. But let's not let facts get in the way.
- Violent crime rate is because why? Apartheid spatial planning. Read up and learn all about why this has re-enforced violent crime.
- Unemployment is high, yes. Doesn't mean the country is in decline.
- Corruption has hit its peak and on the way down post-Zuma years.
I have a close friend who owns a huge furniture company, and builds everything in house and grows year on year very well. So your anecdote is countered by mine.
animal531|4 months ago
- Googling for water outages gives a lot of results in just the last few days. In the NorthWest for example there are a lot of failing municipalities which are relying on government assistance to just make it month to month. Water trucks are a common occurrence all over. The official numbers on connection to water, electricity etc. are pretty much a joke.
- Loadshedding is indeed no more: Up to about 10-15% of households are now living off-grid, while in the industrial sector I can link you any number of metal processing plants that have closed down, the same for mines, car manufacturing etc. In the last few years our electricity bills have about doubled, rates and taxes aren't far behind either. That's not a win in the least.
- Healthcare: A few of the more well funded public hospitals are ok, but just from Tembisa approximately 2 billion Rands have been siphoned as of recently. Impressive isn't the word to use. Google for images to see the conditions of the hospitals and what the people who go there are experiencing, while on the other hand you can see videos of tenderpreneurs riding their Lamborghini's with police escorts via dirt roads in the outlying areas.
- Violent crime has nothing to do with apartheid (apart from the occasional incitement by political parties etc). We have crime because somewhere between 33-43% of the population is now unemployed, along with having only a barely functional police force. The people stuck on the bottom have no hope of changing their circumstances, which in turn is fueling crime (and violence).
- What makes you think there's less corruption now? The fact that more and more of it is coming to light? As long as the governing party allows it to happen its going to cascade down into all facets of life/business etc. They've begun to realize that they are losing the vote (and with it the power), but we're still a long way off from having any change on the horizon.
- Single anecdotes are pointless, some businesses will naturally grow while other decline, a lot of it is just random luck based on the type, area, time etc. Foreign investment is down something like 29% in just the last two years while we've taken on more than R25 billion in loans just recently.
TimorousBestie|4 months ago
I largely agree with you otherwise (viz. South Africa is on the whole improving) but on this specific point I think you’re optimistic. When summer comes round I’m pretty confident Eskom will start loadshedding again, and their public statements more or less align with this.
Regardless: not a sign of decline! Loadshedding is evidence that demand > supply, but that doesn’t imply supply is decreasing or the system as a whole is failing. On the other hand, there’s plenty of evidence that supply has steadily increased since the 90s, new facilities opening and what not. Widespread solar will only improve the situation as the tech improves.
lgleason|4 months ago
https://currencynews.co.za/manufacturing-meltdown-south-afri...
It sounds like you prefer communism over capitalism. Sadly, South Africa is heading towards communism. The only consolation is that then at least everybody will be poor.