News / Africa
SA warned of impending 'Zimbabwe like' economic crisis
26 Oct 2015 at 07:20hrs | Views
Bulawayo Progressive Residents Association official Rodrick Fayayo has warned the neighbouring South Africa of possibility of experiencing the same problems that Zimbabwe is facing now if measures to prevent that are not taken.
Fayayo made the remarks through his Facebook post in which he received quite varying responses from other users.
"Again I want to argue that South Africa is going where Zimbabwe is coming from," he said.
Tshepo Mabalane said said Fayayo's remarks were true and indicated that Ian Smith and were under sanctions but they, in response manufactured everything they needed boosting employment and other things in the process.
"Anyways FDIs are a promotion of the Empire in service of the Empire. I would accept anything that moves away from Empire n its barometers of stability," said Mabalane.
Zwelithini Mtsamai said, "I beg to defer Mr Fayayo. ANC though corrupt and dysfunctional is nothing like their nationalist cousins across the river. technologically, philosophically intellectually South Africa has all the ingredients for all revival. our philosophers, who i believe are the base from which all facets of society distill, have become clairvoyants bone crunching trying to predict ZANU PFs downfall instead of thinking about how to make the dream that is Zimbabwe work. South africa has their constitution the freedom charter and ubuntu and the icon Nelson Mandela; philosophical groundings to which they turn too when things go wrong."
A journalist Dumisani Muleya said Zimbabwe and SA's political economies are different; they have different institutional and structural foundations and this is critical in influencing their future.
"Their superstructure and base have rather different pillars and nuances. So in that case their trajectories would be different. If you read Why Nations Fail; you would pick up some useful and great insight on this," he said.
But Mtsamai argued that South Africa will fail only if they fail to go over the trap Zimbabwe is in.
"Nationalist movements are paternalistic and seem to want to always save us from the unseen evils of the whitemen. in short south Africa needs to get over the anc hangover. but unfortunately DA nor Malema is the solution," he said.
Fayayo made the remarks through his Facebook post in which he received quite varying responses from other users.
"Again I want to argue that South Africa is going where Zimbabwe is coming from," he said.
Tshepo Mabalane said said Fayayo's remarks were true and indicated that Ian Smith and were under sanctions but they, in response manufactured everything they needed boosting employment and other things in the process.
"Anyways FDIs are a promotion of the Empire in service of the Empire. I would accept anything that moves away from Empire n its barometers of stability," said Mabalane.
A journalist Dumisani Muleya said Zimbabwe and SA's political economies are different; they have different institutional and structural foundations and this is critical in influencing their future.
"Their superstructure and base have rather different pillars and nuances. So in that case their trajectories would be different. If you read Why Nations Fail; you would pick up some useful and great insight on this," he said.
But Mtsamai argued that South Africa will fail only if they fail to go over the trap Zimbabwe is in.
"Nationalist movements are paternalistic and seem to want to always save us from the unseen evils of the whitemen. in short south Africa needs to get over the anc hangover. but unfortunately DA nor Malema is the solution," he said.
Source - Byo24News
