Tag Archive: christmas

So our dear President sacked the Finance Minister

So our dear President sacked the Finance Minister without reason – so far, the Rand went low, we’re near junk status and Maimane has challenged the President to a public debate – which will never happen. What can we do about all this? Nothing. And it might end up being not all that serious. Because one large Pick ‘n Pay store by itself, will still do a turnover of 2 or 3 million Rand per day in December. There is a butchery in my town that will still gross R2000 per minutes through its tills as Christmas approaches. Banks will smile because credit cards will be accessed to the maximum during this month, by people spending what they don’t have. So businesses and good listed companies that your money is invested in, will still make good profits and will be fine.