Zumagabe

[Abe]

People with homes are feeling the pinch as much of their income is going to service the Bond and pay Rates, Water and Electricity.
With no competition in Telecoms your Phone Bill was also pushed out of all proportion post 1998. These are all the basic needs a home needs to survive and all the items mentioned in this paragraph are either directly of indirectly controlled by Government in some form or other.

We have already sold our house which gives the interest rates less of an impact. My business is reliant on the internet. We can't host our servers here because of the traffic costs and to make matters worse, the internet is up and down like a yo-yo (our ADSL was down for 6 weeks in Feb). Every time we have the wonderful load shedding, we lose contact with customers and our servers.

My question to Government is what happens after the Building Boom stops? What other plans have they got going forward to stimulate the economy. Does Government realise that The Economy is technically at the beginning of a skid downwards?
Even Morgan Stanley downgraded South Africa this week.

The building will stop when 2010 is finished. After that, the money will flow out of SA as companies take their profits from 2010. You also lose the normal tourists as they are not happy because they lose their usual spots to the big event. This has happened in Aus and other places after they host a big tournament.

 

[a-person]

negative

mugabe is a crazy man, who has no sanity left

zuma has the backing of sexwale and i think he will be our best black president, even better than mandela

i think he is going to stop all this nonsense going on
i think he is going to take it to the criminals

im sorry but mbeki is doing sweet $%^&all for this country so any change will be a good change

do you think zuma wants his ppl to live like they do in zimbabwe?
do you think zuma has nothing but hate for whites?

GO ZUMA U BEAUTY

ok in 5 years time when family looses their homes and gets kicked out of the country i will be very wrong but until that comes zuma has my backing

Your optimism makes me smile. I hope you are right man... I hope you are right.

 

[dlk001]

The building will stop when 2010 is finished.

It started before 2010 was mentioned and it certainly won't finish. 2010 has indeed had an impact. South Africa has a long way to go as far as infrastructural needs are concerned, including the need to bring such infrastructure to the poor people.

We might not have huge complex Civil Engineering projects after 2010 but there are a huge list of Rural Development initiatives.

 

[Syndyre]

The building will stop when 2010 is finished. After that, the money will flow out of SA as companies take their profits from 2010. You also lose the normal tourists as they are not happy because they lose their usual spots to the big event. This has happened in Aus and other places after they host a big tournament.

It started before 2010 was mentioned and it certainly won't finish. 2010 has indeed had an impact. South Africa has a long way to go as far as infrastructural needs are concerned, including the need to bring such infrastructure to the poor people.

We might not have huge complex Civil Engineering projects after 2010 but there are a huge list of Rural Development initiatives.

Tourism might drop after 2010 but hopefully the improved infrastructure will increase business investment. It all depends on how well 2010 is pulled off and whether we have political stability by then IMO.