Johannesburg is collapsing

[mylesillidge]

South Africa's richest city is collapsing in front of everyone's eyes

South Africa's government may soon need to make the politically fraught decision to take control of Johannesburg to avert the city's financial collapse, according to a consultant appointed by two of the country's leading business groups.

While such a move would be difficult for the African National Congress before crucial local elections in November, it may have little choice but to act, Lael Bethlehem, a partner at Genesis Analytics, said during the presentation of a study commissioned by Business Leadership South Africa and Business For South Africa.

[Bloomberg]

 

[Jam Sandwich]

Something something...world class...something something...

 

[DarkStarMonday]

Bro, this happened about 15 years ago already.

 

[Sideshow Bob]

South Africa's richest city is collapsing in front of everyone's eyes

South Africa's government may soon need to make the politically fraught decision to take control of Johannesburg to avert the city's financial collapse, according to a consultant appointed by two of the country's leading business groups.

While such a move would be difficult for the African National Congress before crucial local elections in November, it may have little choice but to act, Lael Bethlehem, a partner at Genesis Analytics, said during the presentation of a study commissioned by Business Leadership South Africa and Business For South Africa.

[Bloomberg]

You are in contravention of mybb NCA rules because "South Africa's richest city is collapsing in front of everyone's eyes" should be the title of thread.

Perhaps you are new here ?

 

[Bad Ballie]

Just vote the ANC into power, that will fix it,.... OH wait!

 

[Agent_Smith]

I thought it had been renamed to South Africa's Richest City since that is what it is constantly referred to.

 

[wingnut771]

Cant South Africa's government just wait until November?

 

[ToxicBunny]

Nah, has collapsed already really... happened a while ago.

 

[wingnut771]

Nah, has collapsed already really... happened a while ago.

Happened 10 years ago.

 

[PlanesTrainsAutomobiles]

While such a move would be difficult for the African National Congress before crucial local elections in November, it may have little choice but to act, Lael Bethlehem, a partner at Genesis Analytics, said during the presentation of a study commissioned by Business Leadership South Africa and Business For South Africa.

[Bloomberg]

They may very well do it; that way they keep control of the city.

 

[marine1]

"IS" collapsing???? ha ha ha already has collapsed
Just drive anywhere and see he state of the city

 

[Spizz]

You are in contravention of mybb NCA rules because "South Africa's richest city is collapsing in front of everyone's eyes" should be the title of thread.

Perhaps you are new here ?

South Africa's richest city kisses infrastructure goodbye.

 

[wingnut771]

They may very well do it; that way they keep control of the city.

Don't they have control already?

 

[DarkStarMonday]

If you stuck in the CBD and sun goes down - pray it's fast !

 

[thestaggy]

Just slap a new name on it.

Vice Chancellor Chief Jongiwe Makhubele III eGoli !Xe City

 

[wingnut771]

Just slap a new name on it.

Vice Chancellor Chief Jongiwe Makhubele III eGoli !Xe City

This is why its called the richest city, that name is much easier to remember.

 

[HumanShield]

Just rename it. Problem solved

 

[Werner1975]

In other news - Water found to be wet.

 

[Lupus]

In other news - Water found to be wet.

Though not from the taps

 

[oros]

Another anc government soapie sinking ship in the making....