WHERE WILL SOUTH AFRICA BE IF EUROPE SIDES WITH CHINA AGAINST THE U.S.A.? China is investing $503-billion (R7-trillion) into its national railway systems over 5 years. It’s looking outside too, far more ambitiously. This month, London became the 15th European city with direct trains from China, an ambitious project accomplished in only 4 years. The freight train to London covers 12,000 kilometers in 18 days. Surely it’s only a matter of time before passengers service is opened, an exhilarating journey across Europe, Russia and Asia – possibly the world’s greatest tourism experience. The USA’s reaction seems to only be, “Let’s … ‘Click here to read full article…’
South Africa’s growth has dropped to 1.4%, far off any target that could make a difference to unemployment and poverty. Inflation is at 5.8% (which is a nonsense low as any shopper knows) and our government is considering giving public servants a 6.8% increase whilst unions are demanding as much as 15%. If our growth is only 1.4%, surely that means that anything more than that makes our economy sink further?'Click here to read full article...'