Rand collapses after Zuma fires Nene

The rand tanked to its lowest level yet against major currencies on Wednesday evening, shortly after President Jacob Zuma removed Nhlanhla Nene as finance minister and replaced him with largely unknown David van Rooyen. By Fadia Salie.

Jacob Zuma

Jacob Zuma

The rand tanked to its lowest level yet against major currencies on Wednesday evening, shortly after President Jacob Zuma removed Nhlanhla Nene as finance minister and replaced him with largely unknown David van Rooyen.

By midnight, the rand was trading at R14,94/US$ after hitting R15,38 against the greenback within minutes after the announcement. Against the pound and euro, the South African unit was trading at R22,67 and R16,46 respectively.

It however slipped again to below R15/$ in overnight trade in New York, with the unit last trading at R15,03 against the dollar.

Peter Attard Montalto, emerging markets economist at Nomura International, said in light of the events on Wednesday (Nene’s removal) that “R16/$ now seems not an outrageous target”.

The rand has lost almost 30% of its value against the dollar so far this year.

Earlier on Wednesday, Zuma announced that Nene would be replaced by Van Rooyen, an ANC MP.

Nene was to be deployed to another “strategic position” which would be announced in due course.

Van Rooyen is a former mayor of the Merafong municipality and a former North West provincial chairman of the South African Local Government Association.

He is currently the whip of the standing committee on finance and whip of the economic transformation cluster.

Montalto said he “worries that the rand is becoming less of a dollar and FOMC-related high beta trade (though that is still there in the background) and more of a credit and domestic idiosyncratic risk premia driver”.

As such, it is difficult to define where the upside target is in the rand/dollar exchange rate, especially into December liquidity.

“We will have to see where USD/ZAR settles, but in light of last night’s event, our forecast will have to shift to see less chance of recovery from weak levels in the coming quarters as this credit story takes hold.”

Montalto said the move reinforces his view that investors are rapidly becoming significantly and structurally more bearish on South Africa. “We noticed this shift significantly in the last few days.

“The key risks are that the bond curve rerates higher from 8.80% towards around 10.0-10,5%, which would severely stress the budget. It supports our view of being long USD/ZAR and long SA CDS and underweight external debt.”  — Fin24

Share this article

  • Ali Cutty

    #ANCmustFall

  • Greg Mahlknecht

    Yup… Zuma’s pretty much destroyed the party. They’re a joke. There might be competent people with good ideas somewhere in the ranks, but they’re irrelevant now. Zuma just laughs at them as he does whatever he wants without fear or consequence.

  • Joe Black

    I wonder when Zuma supporters will finally make the mental link between the actions of this guy and all the extra financial difficulty they are experiencing. Surely they must have noticed by now that following Zuma’s lead is not helping them one bit.

  • Greg Mahlknecht

    Don’t hold your breath, ANC fanboys seem to be “voters for life” – I battle to get my head around the sheer enormity of the ignorance and stupidity of this idea. They fully buy in to the “until Jesus comes back” idea. They don’t realise that voters have the power, and have long since ceded any power they had to Zuma, who relaxes back at Nkandla going “he he he” at them, no doubt.

    I try and avoid getting personal in these matters, but really – if someone’s voting ANC these days, they’re an idiot.

  • AnRkey

    #ZA-has-stage-4-cANCer

  • Vusumuzi Sibiya

    You would do well to come to grasp with what democracy is and to differentiate between Zuma and the ANC;

    No individual will ever be bigger than the party and that is why the ANC is still around after more than a century.

    Democracy is firmly entrenched within the core fiber of the ANC and you have to be given a mandate by the people to hold a position in leadership; and that is exactly how it should remain.

    The people vote for the ANC and it is your continued lack of understanding of this, along with the opposition parties; that is always giving prominence to an individual like Zuma; and always ensures that people will time and time again prove to you the kind of power that they have.

    Now, there’s really nothing as endearing to the majority whose votes you would need; than to call them idiots, now is there…???

    With that being the kind of mentality that you believe will secure you my vote; who is the real idiot…???

    My vote will always remain with MyANC – I have never been fooled by the likes of the fork-tongued, believe themselves to be superior when they are no different to those that they criticize.

  • Greg Mahlknecht

    >My vote will always remain with MyANC

    There we go. Here’s the problem. Rewarding Zuma (who is controlling the direction of the ANC) with more power. In a healthy democracy with an informed public, citizens should move their vote to another party to show their dissatisfaction with the leadership – you can always go back to the ANC once they’ve learned their lesson and got a wake-up call and purged the stupidity and corruption from the system.

    >will time and time again prove to you the kind of power that they really have.

    Yes they have power because the voters keep giving it to them! Do you agree that Zuma should wield the power he does, and misuse it like he does? You voted for him, I’m guessing you’re loving his inept, unqualified struggle buddy steering the economy now?

    >Democracy is firmly entrenched within the core fiber of the ANC

    Zuma’s tearing that fabric apart, and the citizens that keep giving him two big thumbs up with their vote are ensuring the core fiber that they once had is disappearing. You’re voting for an idea you want the ANC to be, and in the process ensuring it’ll never be that.

    And I stand by my opinion you have to be soft in the head to keep voting ANC like a fanboy. You don’t have to vote DA to show your disgust at the ANC’s leadership, there’s other parties to choose from. Look at turtle-head in the picture at the top. You voted him in, he’s laughing at you.

  • Vusumuzi Sibiya

    And again you make it out to be about an individual;

    Yes… I vote ANC because it remains the best party to rule given the options available;

    Zuma is in the position he is because of the typical kind of leadership that we’ve seem from some well educated leaders and the one in particular who was very much similar to Mugabe;

    …attempting to orchestrate the demise of a rival through a campaign of sabotage and like you, thereby giving prominence to an individual which the people rallied behind to demonstrate how with all that brilliance – the power of the people will put someone in their place who didn’t even complete school.

    That’s exactly what we needed to happen at the time; otherwise we would have definitely faced a change in our constitution that would have allowed someone to rule just like Mugabe.

    The ANC, once again, is not about an individual as you would continuously suggest; and in so doing, always fail to capture the masses and win over their support – the ANC is about democratic principles and our freedom charter that always allows people all the recourse and all the rope they need to ultimately hang themselves.

    This is something that doesn’t exist amongst the opposition parties and within those like yourself who do not fully appreciate democratic principles; and are always making everything out to be about an individual…

    …and that my friend, is exactly why the individual will come and go and no longer be remembered; but the ANC will definitely rule till the second coming. It is MyANC and the people’s ANC – Amandla!!

  • Greg Mahlknecht

    >And again you make it out to be about an individual

    It’s 1 individual ruining the party! He needs to go – it’ll go a LONG way to fixing the ANC’s woes. He can quite easily take down the entire party with him.

    I don’t understand how you can’t see the ANC is Zuma’s little playground. The entire upper echelons are there for just 1 purpose – not to govern, not to serve the citizens, but to take care of their turtle-headed master who feeds them scraps. THEY are the one making it about one person, everyone is just commenting on events.

    >. It is MyANC and the people’s ANC – Amandla!!

    <> aiysh.

  • Vusumuzi Sibiya

    >>Just by the way, one of the fundamental tents of the democratic process (which you clearly don’t understand, although you think you do) is that parties rule until they screw up badly.

    …I am now realizing that you really aren’t as smart as I had thought you were;

    The party is the people who vote for it; and just like those individuals who have tried to run some sort of campaign to get themselves into some leadership position – the people will indeed prove to you that the ANC belongs to the people.

    Grasp this principle and you will have an organization that cannot be defeated in a democratic system because its very fiber is democratic in nature and no egomaniac, believe themselves to be God’s gift can ascend to any position without a clear mandate from the masses.

    This is the very point that you are missing and which will always ensure that the opposition will never oust the ANC… it is indeed all about the people which you insult;

    The leadership will come and go but the ANC will always belong to the people who even at this very moment are maneuvering in the best interest of democratic rule.

    >><> aiysh. And you’re supposed to be one of the EDUCATED voters. It’s Zuma’s ANC, you’re just his cannon fodder. Heaven help us all.

    …and you believe you’ve just won over my vote with that. LMOA!! I just love how you never fail to always reveal your true colors;

    My ancestors fought against the English whilst a few of those that you would call educated were carrying weapons and goods to assist them; many Africans were sold into slavery whilst the same few had a hand in assisting to have their brethren captured; today those same few that you call education behave no differently except that they now wear blue juDAs T-shirts.

    I may NOT be educated as you suggest but I certainly AM Conscious and I am never fooled by the fork-tongued who clearly wouldn’t understand democracy and embrace its principles because they are aware that they are in the minority…

    The ANC’s strength is in its democratic fiber and it is NOT about the individual. When Zuma is gone and the ANC is still the ruling party – you will still be finger pointing another individual and still missing the point… that’s just how smart you are.

  • Marcan

    And that usual, disgusting, arrogant smirk on the face of Zoomer announcing the sacking of Nene.
    We are truly stuffed in SA.

  • Greg Mahlknecht

    > no egomaniac, believe themselves to be God’s gift can ascend to any position without a clear mandate from the masses.

    What’s Zuma’s mandate?

    >…and you believe you’ve just won over my vote with that???

    No, I’m not trying to win over your vote. I’m just making observations, they aren’t targeted at you.

    I’m curious. Why DO you keep defending the ANC in its current state? If the party I voted for ever acted even vaguely in this manner, I’d change my vote to show them how I feel. Zuma has hijacked the ANC. Support for them is supporting Zuma. When Zuma has gone, you can change back to show your appreciation of the party doing the right thing and purging the ranks of him and the corruption he’s riddled the party with. THAT is true democracy.

  • Vusumuzi Sibiya

    >>I think one would have to be stupid to defend Zuma’s ANC.

    You are beginning to sound just like Antonio repeating the same ill-conceived notion with different wording whilst still missing the point…

    It is NOT Zuma’s ANC; and when you believe that it is then you’ve only managed to defeat yourself and will never be able to defeat the ANC which has and always will, belong to the people – given its very fiber of being democratic in nature.

    >> I’d change my vote to show them how I feel.

    …and that’s the reason why you’re trying to sell an untrue notion believing that the people will somehow feel that being “so-called” educated would mean changing their vote.

    Its only the juDAs T-Shirt wearing, low self-esteemed, wanna please the fork-tongued, believe themselves to be valued when married to white persons, no good puppets who fall for that kind of deception.

    Greg, you would consider yourself are a smart fellow, wouldn’t you? Well, I intend to enroll my son and only child in a Deutsche Schule; and why would that be do you think…???

    The topic of this article is;

    “Rand collapses after Zuma fires Nene”

    I do not fear the collapse of the Rand; I have really looked hard into why it is that when a Zimbabwe would print money, their currency would collapse and end up being worthless…

    …and yet when another country does exactly the same thing to an even larger scale, it is very welcomed and given the term QE – how nice, Quantitative Easing LMAO!!

    Now Greg, when you are on-board the same ship that we are all on which is being steered by democracy, the power is most definitely with the people;

    …and it does you absolutely no good in trying to win over their votes selling a lie or “truth which only you believe” that an individual is bigger than the ANC which they are steering given the power of democracy within our party.

  • Davebee

    I trust that as an ANC-for-lifer you will be more than willing to pay for my share of Nkandla as well as your own?
    Please call back here in about 12 months when the full effects of this insane move by Zuma have worked through the system and the country has regressed into the gutter of industrialized civilization.
    Let’s see how being a disciplined ANC cadre worked out for you.
    Of course what pisses off most of us here is that we can see exactly what’s going on with these corrupt, criminal little shits and that’s why we DO NOT vote for them.
    Are you so blind that you cannot see the declining standards under ANC misrule? Or are you still labouring under the tyranny of the majority diktat that the ANC shoves down our throats?

  • Jonathan Christen

    Oh my God! You again! Please could you stop talking just for the sake of talking. Zuma has brought the “MyANC” such a bad reputation. I dont care what party you or anyone else votes for, but you would have to be pretty thick not to see that Zuma is slowly, but most assuredly, destroying our country’s economy, infrastructure, and so much more. Also, PS. I get this feeling in my armpit you are going to word-vomit back at this, so let me just say don’t bother, I wont be replying. I learned you never argue with an idiot, they will bring you down to their level then beat you with experience!

  • Vusumuzi Sibiya

    >>Also, PS. I get this feeling in my armpit you are going to word-vomit back at this, so let me just say don’t bother, I wont be replying.

    Now that’s exactly what differentiates someone like @@thewomble_za:disqus and a coward that just wants to rant and really doesn’t have the intellect to substantiate their outbursts.

  • Greg Mahlknecht

    >It is NOT Zuma’s ANC

    Then why is the party so paralyzed and unable to rectify the error of him leading policy? YourANC has failed you, they aren’t doing their job. They are letting corruption and nepotism seep in to every corner of the institution and are doing nothing about it.

    >I have really looked hard into why it is that when a Zimbabwe would print money

    … and? What did all this looking yield? QE is always a bad thing, done when the economy has been screwed up. There is no silver lining to this.

  • Vusumuzi Sibiya

    >>Are you so blind that you cannot see the declining standards under ANC misrule?

    I would suggest that it is you who are blind…

    Did you not follow with understanding the engagement that I’ve had with @@thewomble_za:disqus…???

    There’s something that often strikes me about all your comments; which is that they show a genuine concern about the future of this country; and in them there is always some truth with a dash of Baas Davebee humor… if I might add.

    Now lets get right to the point…

    There is NO opposition in this country that one could possibly consider voting for and the ANC is by far the best party to rule our country.

    Why, hasn’t the opposition managed to at least organize themselves into one unified force; or at least two fronts???

    One to the Left the other to the Right of the Central ruling party…???

    The answer is simple…

    …its all about egomaniacs; and until such time that the opposition can concentrate on forming themselves into a real opposition, of no more that two parties at max – then my vote remains with the best democratically suited party to rule which is indeed the ANC.

    There was a time when you were all finger pointing an individual – Juju; and feeling that there’s something that ought to be done about him by the ANC. The democratic processes which are what the ANC is all about ran their course and he is now displaying his true colors with his friends and followers from outside of the people’s party.

    But I can tell you that it is precisely because he has, a far better understanding of democracy than any juDAs will ever have; that his party will be emerging as the official opposition and the DA will find itself behind the EFF.

    The percentage support for the ANC will not be impacted in any significant way; it will just be the opposition parties once again jockeying for the spoils of no more than a third.

    The ANC will through the very democratic nature that makes up the party, once again sort out the leadership in the same way that the leadership that sought to have a third term was also sorted out.

    There’s is absolutely no reason why I would vote for the clowns of the opposition that foolishly believe that its ALL about an individual and hence their egomaniac mentality that prevents them from forming a united force.

  • Davebee

    Speaking of individual choices, maybe you can get Zuma to explain his INDIVIDUAL choice to the voters, citizens and taxpayers of South Africa as to just WHY he fired Nene?
    Oh, he’s too gutless and ashamed to admit that Nene had to go because he refused to allow the ANC to further loot the treasury, right? Yes, right.
    Here’s another individual choice for you: Keep on voting ANC you deserve the thieving bastards I DO NOT!
    Tell us how great the ANC is when petrol shoots up to R20-00 a liter buddy, all because of the Luthuli House racial tyranny that you SLAVISHLY and blindly support.

  • Davebee

    Here’s a suggestion on replies to posts. Keep them down to three or four thousand words, that way you get the point across. Well, what you might consider a ‘point’ I guess. —– Original Message —–
    From: Disqus
    To: inbox@absamail.co.za
    Sent: Friday, December 11, 2015 9:48 AM
    Subject: Re: Comment on Rand collapses after Zuma fires Nene

    “>>Are you so blind that you cannot see the declining standards under ANC misrule? I would suggest that it is you who are blind… Did you not follow with understanding the engagement that I’ve had with @@Greg Mahlknecht…??? There’s something that often strikes me about all your comments; which is that they show a genuine concern about the future of this country; and in them there is always some truth with a dash of Baas Davebee humor… if I might add. Now lets get right to the point… There is NO opposition in this country that one could possibly consider voting for and the ANC is by far the best party to rule our country. Why, hasn’t the opposition managed to at least organize themselves into one unified force; or at least two fronts??? One to the Left the other to the Right of the Central ruling party…??? The answer is simple… …its all about egomaniacs; and until such time that the opposition can concentrate on forming themselves into a real opposition, of no more that two parties at max – then my vote remains with the best democratically suited party to rule which is indeed the ANC. There was a time when you were all finger pointing an individual – Juju; and feeling that there’s something that ought to be done about him by the ANC. The democratic processes which are what the ANC is all about ran their course and he is now displaying his true colors with his friends and followers from outside of the people’s party. But I can tell you that it is precisely because he has, a far better understanding of democracy than any juDAs will ever have; that his party will be emerging as the official opposition and the DA will find itself behind the EFF. The percentage support for the ANC will not be impacted in any significant way; it will just be the opposition parties once again jockeying for the spoils of no more than a third. The ANC will through the very democratic nature that makes up the party, once again sort out the leadership in the same way that the leadership that sought to have a third term was also sorted out. There’s is absolutely no reason why I would vote for the clowns of the opposition that foolishly believe that its ALL about an individual and hence their egomaniac mentality that prevents them from forming a united force.” Settings

    A new comment was posted on TechCentral

    ——————————————————————

    Vusumuzi Sibiya
    >>Are you so blind that you cannot see the declining standards under ANC misrule?
    I would suggest that it is you who are blind…

    Did you not follow with understanding the engagement that I’ve had with @Greg Mahlknecht…???
    There’s something that often strikes me about all your comments; which is that they show a genuine concern about the future of this country; and in them there is always some truth with a dash of Baas Davebee humor… if I might add.
    Now lets get right to the point…

    There is NO opposition in this country that one could possibly co nsider voting for and the ANC is by far the best party to rule our country.
    Why, hasn’t the opposition managed to at least organize themselves into one unified force; or at least two fronts???
    One to the Left the other to the Right of the Central ruling party…???
    The answer is simple…

    …its all about egomaniacs; and until such time that the opposition can concentrate on forming themselves into a real opposition, of no more that two parties at max – then my vote remains with the best democratically suited party to rule which is indeed the ANC.
    There was a time when you were all finger pointing an individual – Juju; and feeling that there’s something that ought to be done about him by the ANC. The democratic processes which are what the ANC is all about ran their course and he is now displaying his true colors with his friends and followers from outside of the people’s party.
    But I can tell you that it is precisely because he has, a far better understanding of democracy than any juDAs will ever have; that his party will be emerging as the official opposition and the DA will find itself behind the EFF.
    The percentage support for the ANC will not be impacted in any significant way; it will just be the opposition parties once again jockeying for the spoils of no more than a third.
    The ANC will through the very democratic nature that makes up the party, once again sort out the leadership in the same way that the leadership that sought to have a third term was also sorted out.
    There’s is absolutely no reason why I would vote for the clowns of the opposition that foolishly believe that its ALL about an individual and hence their egomaniac mentality that prevents them from forming a united force.
    2:48 a.m., Friday Dec. 11 | Other comments by Vusumuzi Sibiya

    Reply to Vusumuzi Sibiya

    Vusumuzi Sibiya’s comment is in reply to Davebee:

    I trust that as an ANC-for-lifer you will be more than willing to pay for my share of Nkandla as well as your own? Please …

    Read more

    ——————————————————————

    You’re receiving this message because you’re signed up to receive notifications about replies to davebee.
    You can unsubscribe from emails about replies to davebee by replying to this email with “unsubscribe” or reduce the rate with which these emails are sent by adjusting your notification settings.

  • Vusumuzi Sibiya

    >>Then why is the party so paralyzed and unable to rectify the error of him leading policy?

    That is entirely your conclusion and is informed by an inability to allow democratic rule to run its course;

    The ANC’s strength once again… is its democratic fiber and it belongs to the people. This is exactly the kind of strength in a party that you need in a democratic system.

    Here’s something for you to ponder…

    That juDAs puppet with his attempts at a vote of no confidence in parliament; only have the result of making him ever more unpopular with the masses.

    I tune into what the masses are saying and I’m not fooled by the on-goings on the least listened to commercial radio station in country that is located at Primedia House.

    The masses say this…

    How is it that we can go to the polls knowing very well who is leading us; and cast our vote for our party [the people’s party] and some puppet believes that he can overturn the will of the people in parliament…???

    And then the idiot puppet further endears himself to the masses by then insulting ANC MPs who do the right thing as mandated by the people… its no wonder he’ll be suffering the worst humiliation of his life as the first black leader of the DA; that is then also responsible for the party losing the so-called “official opposition” status to the EFF.

    He is just as clueless as you are about the masses and is just a token to please the members of the party that were disgruntled…

    Please, you all need to come to grips with the reality that is South Africa; and stop being fooled by the media that doesn’t even communicate in the vernacular language of the masses to give you a truthful insight.

  • Greg Mahlknecht

    >That is entirely your conclusion and is informed by an inability to allow democratic rule to run its course

    “Democracy running its course” in this case would be to vote the ANC out to get rid of who is ruining the country. It’s happening slowly, but not fast enough. Next elections will be very interesting.

    And just to make it crystal clear, I’m no Mmusi fan; I think he’s too preachy and grandstanding, but he does lead a clean party that openly punishes corruption, and that’s all the country really needs now – to get out from under the rule of Zuma, purge corruption and nepotism from the system and when that’s done, we’ll see who I vote for – but right now there’s only one party who has a proven history of being able to do that, and it’s not the ANC!

    EFF was a passing fad, they’re not going anywhere, but I encourage people to support them, as they’re siphoning off ANC voters, not DA voters.

  • Vusumuzi Sibiya

    Here goes…

    Whatever gave you the impression that I am in any way concerned about how you feel about the length of my replies…???

    Is that short enough for a retired old man lazing around with all the time to read and post all sorts of remarks on social forums?

  • Vusumuzi Sibiya

    And that view is one which you are most definitely entitled to given the freedom we all enjoy within a democracy where the people are in the position to make the best choice for themselves.

  • Davebee

    You sound a teensy weensy bit jealous of my status, that of having the wherewithal to kind of do as I please and not have to answer to some piss ant boss all day long like you obviously do.
    But I digress…This just in: Your ANC Dictator of a boss the First Herd Person Zuma never even had the courage or common courtesy to inform his obscenely overpaid cabinet hangers-on that Nene was going to be given the chop.
    You keep voting for ’em (the ANC) and you’ll get mightily what you deserve when you sit down to that rapidly approaching banquet of unintended consequences.
    Keep reading my comments, good will come of them yet I assure you.
    Nice to see you have already pared down your replies. There, some good has already appeared in your dreary little drudge life under ANC misrule.

  • Vusumuzi Sibiya

    >>You sound a teensy weensy bit jealous of my status, that of having the wherewithal to kind of do as I please

    Now who wouldn’t be envious of that… what gave me away???

    >>Keep reading my comments, good will come of them yet I assure you.

    Who said that there hasn’t been any good to come from them?

  • Andrew Fraser

    Actually it now is Zuma’s ANC. Through patronage and cronyism he has captured the NEC. His minions have broken the democracy at branch level through thuggery, mismanagement and election fraud.

    If you can’t see this, you are sticking your head in the sand.

    There is no credible opposition to the Zuma-ites in the ANC.

  • Ricardo

    The more you talk the more you display your lack of logic, ignorance and prejudice/racism. What an asshole you are. I admire GregM for trying to persuade you. I will not enter into any kind of dialogue with you because your total lack of logic makes you a fool, and everyone should know that arguing with a fool is a waste of time. .

  • Vusumuzi Sibiya

    >>Actually it now is Zuma’s ANC.

    Like Greg and many others, that I would guess share the same sentiment… that is a view which you hold based on your lack of understanding of the democratic principles that are embraced by all who support the people’s party;

    The ANC which is definitely NOT Zuma’s ANC – Are you making your remarks based on being an ANC member and in which case which branch are you with…???

    Please comment on things based on the experience that you would have and not speculation shared by many who are ill-informed and are ready to believe anything in SA’s biased media.

    The only thing that I believe in the media which you would follow is the weather report; and there have been occasions when I’ve been disappointed by that report…

    …but they do get it right sometimes which is something that I most definitely can’t say when it comes to their reporting on political matters.

    Let’s make this short…

    Assuming that you’ve read the exchanges that I’ve had with the others on this thread – Why don’t you take my vote for the ANC to be a punishment to the egomaniac opposition that really has nothing to offer.

    Maybe when they can organize themselves into a united force; also saving us a lot of money and time come elections – instead of making it ALL out to be about an individual… then I may consider voting for an alternative out of two available parties to vote for.

    Until such time… you are also wasting your vote and perhaps you should consider punishing the opposition by casting your vote for the people’s party which is the ANC. Amandla!!!

  • Vusumuzi Sibiya

    Brainless Ricardo… resurrected to life once again on TC;

    How does it feel to finally pull that head of yours from out of your asshole…???

    Let’s see where the reasoning of an empty head takes us… shall we??? Or maybe you’ve now filled it with some human waste and are just making an outburst to show-off your true character. LMAO!!

  • Andrew Fraser

    I’m not going to debate whether you should or shouldn’t vote for the ANC, that’s your choice. But I think you’re fooling yourself if you think that internal democracy in the ANC is working. We can agree to disagree. I think that the ANC needs to cut out Zuma and his cronies like a cancer if it wants to survive. You’re prepared to wait and see. Six and a half years later, I’ve seen enough.

  • Ricardo

    Thank you for proving my point, again. Your foolishness is there for all to see, and hopefully ignore.

  • Vusumuzi Sibiya

    And that would be your most intelligent point made with the use of such an articulate metaphor “What an asshole you are.”

    …which is so expressive of your true to form character –

    Indeed, I must agree that you have most definitely proved your point that you are still the Brainless Ricardo that we all know and had missed here on the TC forum.

    Nice to have you, back – and nothing has changed at all since you were gone, I’m glad to see;

    Such an avid fan like yourself who never misses out on reading every one of the comments I make… I was even thinking that something terrible had befallen you.

  • Vusumuzi Sibiya

    >>I think that the ANC needs to cut out Zuma and his cronies like a cancer if it wants to survive.

    The ANC has been around for over a century; going through all the challenges that can be confronted by an organization and it will most definitely survive as sure as democracy will always survive as the best system.

  • Teresa Williams

    Nope. In their minds, more “muti” is needed.

  • Teresa Williams

    You’re an idiot.

  • Muzi Makhaye

    Mahlase I am amazed at the energy and time you spend on faceless Apartheid apologists. Just thinking…

  • Vusumuzi Sibiya

    Eish! Muzi… we are all on-board the same ship and the very least that I can do is to give those who aren’t aware of how the SA media is operating, some truthful insight as to the reality of what South Africa is about.

    One would have thought that by now, given how optimistically they all run to polls to cast their votes, just to experience the same results time and time again; they would’ve realized that it would indeed be useful to them to be able to communicate in the vernacular language of the masses.

    I do believe that everyone who is living in SA wants to have a better future for themselves as well as their children and all that needs to happen is for some to switch-on that ‘Maak ‘n Plan’ mentality which we all know;

    …and stop falling prey to the ploys of the pathetic opposition we have that is in actual fact; the real failure of our democracy.

  • Greg Mahlknecht

    >they all run to polls to cast their votes, just to experience the same results time and time again

    1999 – 9.5%
    2004 – 12.3%
    2009 – 16.6%
    2014 – 22.2%

    You’re damn right it’s the same results – a strong and stronger opposition party each time. ANC’s treading water at best. Someone’s doing something right! You can turn a blind eye and deny it all you want, but the ANC’s got a growing problem on its hands. Which is a good thing, this is democracy at work. If my party did 10% of the crap ANC did, I’d vote against them in a heartbeat.

  • Vusumuzi Sibiya

    LMAO!!

    Even at the worst of times in a proportional representation system (if I might remind you) the opposition as a whole can’t even bring the ruling party to less than 60%.

    I was actually laughing quietly when I read your remark that you encourage people to vote EFF; and realized just how oblivious you are to the real situation on the ground.

    Greg, I am a volunteer and I work the ground unlike you; who would do far better to place their hope on it snowing across the entire country over Christmas than hoping that any different results will come from the polls.

    Your party threw huge money into GP in the last elections; and one of the things that we did working the ground specifically in GP; given the many that were disgruntled over e-tolls: in engaging with those who had made up their minds to punish the ANC; was to encourage them to vote EFF.

    We actually did manage to stabilize the downwards trend in WC and in the recent by-elections we have been gaining ground in DA strongholds there. In the time that the opposition could’ve made a serious dent into our support, they weren’t able to do much.

    Now you just keep doing what you do best… which is hoping; and maybe it will snow across the country this Christmas… who knows???

    But I’ll just keep working with our huge volunteer network of people who actually work the ground; and from that… I always know exactly what can be expected at the coming polls. Your party is going to find itself behind the EFF [oh, and thank you for having a shared strategy with us :)]

  • William Stucke

    And there we have some totally uncalled for ad hominem insults. Way to go, Vusi. You’re really impressing them in the Cheap Seats.

  • Vusumuzi Sibiya

    And that’s the point exactly…

    It’s going to take quite sometime for you to get how this new environment of social platforms works and why it doesn’t need William as a regulator isn’t it…???

  • Vusumuzi Sibiya

    >>… and? What did all this looking yield?

    Without a Gold standard there certainly needs to be another global standard in it’s place. One could’ve had a ‘Virtual Kruger Rand’ but I think Bitcoin is more inline with the times;

    …would’ve thought that someone who considers themselves as smart as YOU are, would’ve easily figured this out.