Since theres no developement taking place in SA - wheres all these loans going to - this business of " renewables " is a smokescreen ' maybe in 50 years renewables might be able to replace fossil fuel - like they say " follow the money "
I love listening to an educationed economist. Why is Government taking this loan and not a private company? Removes risk and responsibility of Government and Citizens
We need energy that works!! not eskom that is already coasting us billions through bailouts. every hour the power is down in this country hundreds of people are loosing there jobs in that hour. Short sighted view in believing that eskom is here to provide the people with jobs and cheep electricity. It’s coasting this country more jobs and billions by not effectively working
I feel sorry for the party that will take over this country from the ANC in 2024. It will take a country that will actually be an entity of foreign financial institutions with all these loans that our current government is taking.
Not just any foreign institution but the West (Breton Wood) financial institution that wreck havoc during the Zuma era with fake phony ratings downgrades. The new party or president will be beholden to the West. If South Africa does not tow the Western line; we will be hit hard with sanctions, downgrades, Media hysteria alas Sunday Times
80pct of renewable companies will be from the west🙄80pct of the loan monies will go back to the west 🙄the loans will cost SA over a trln rands and still be left with loadshedding
@@shafiyaalgiquadra1105 😄 I agree, I should ask them to tell the public how much will go for the project after corrupt deductions....it sound like a joke but in SA this is serious
I disagree we must privatise the energy sector SA will collect tax on those new private energy producers and have no need to constantly bail out Eskom all that state government should focus on is policing and education that’s all. the rest should not be in control of the corrupt incompetence government… give it up!!
Crypto trader's i am trying to avoid making any new buys at this point in other not to get sucked into a bear market trap, It's tough making money in stocks when institutional investors are the driving force behind the selling… although i read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?
I enjoy my day today market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and i have netted over $300k
We believe in RSA, its just going through a rough bumpy patch, As the most industrialised and richest cow-n-tree in Africa its small change and will bounce back.soon it will be usd1:R5.
Most of that money will disappear, this loans are useless, they benefit few government and private individuals. 😅🤣😂 Next year we'll be facing the same power situation. You'll see😅
We need nationalist in government not these Neo liberal who want fix our problem like the west despite our situation being unique. Party’s with conservative and Neo liberal ideas are going to be disappointing in the 2024 election.
The billion government spends on the ballot for eskom is mind blowing image if government instead spent that money on policing and education imagine the tax collect we could collect from these private energy producers it absolutely makes no sense to hold onto eskom. It’s just ego
We need energy that works!! not eskom that is already coasting us billions through bailouts. every hour the power is down in this country hundreds of people are loosing there jobs in that hour. Short sighted view in believing that eskom is here to provide the people with jobs and cheep electricity. It’s coasting this country more jobs and billions by not effectively working
@@justinteixeira3987 you can’t bring in elements of profit maximisation due to please shareholders into social goods. Electricity like water, basic foods and housing are basic human right and once you add elements of profit affect people drastically, we have hunger and homelessness and generations of people living in one family home due to the commodisation of basic housing and we see the likes of cosmopolitan taking advantage of government selling apartheid style housing to the working class for more R800 000. We live in one of the most capitalistic country with a population that is largely poor, which makes us unique in comparison to western country who are capitalistic have largely middle population. As a result of our current private sector it manifests itself as oligopolistic due to everything we consume comes from less than 5 companies. Tell me why is everyone buying bread tiger brand which is retailed by picknpay, which is something that can be made and sold locally. It is not possible due to the oligopolistic food producers, manufacturers and retailers are partly owned by the PIC and would make sense for government to subsidise local bakeries as bread is the oligopolies biggest revenue stream. Private doesn’t care about people but rather to make profit. China is a great example of what a nationalist government can achieve economically but obviously there should be some respect human rights and to freedom of speech.
@@justinteixeira3987 Expensive electricity will result in more people being more poor and exacerbate the levels of crime. Poverty is the driver of crime and not weak police force as they are corrective force and preventive force.
Since theres no developement taking place in SA - wheres all these loans going to - this business of " renewables " is a smokescreen ' maybe in 50 years renewables might be able to replace fossil fuel - like they say " follow the money "
A breath of fresh air. Finally an expert who is genuinely an expert in a particular subject matter.
Ramaphosa continues to plunge this country into more misery
Ramaphosa is playing dice with our sovereignty. Rest in peace TakeOff.
I love listening to an educationed economist.
Why is Government taking this loan and not a private company? Removes risk and responsibility of Government and Citizens
We need energy that works!! not eskom that is already coasting us billions through bailouts. every hour the power is down in this country hundreds of people are loosing there jobs in that hour. Short sighted view in believing that eskom is here to provide the people with jobs and cheep electricity. It’s coasting this country more jobs and billions by not effectively working
Agreed
I feel sorry for the party that will take over this country from the ANC in 2024. It will take a country that will actually be an entity of foreign financial institutions with all these loans that our current government is taking.
Not just any foreign institution but the West (Breton Wood) financial institution that wreck havoc during the Zuma era with fake phony ratings downgrades.
The new party or president will be beholden to the West. If South Africa does not tow the Western line; we will be hit hard with sanctions, downgrades, Media hysteria alas Sunday Times
80pct of renewable companies will be from the west🙄80pct of the loan monies will go back to the west 🙄the loans will cost SA over a trln rands and still be left with loadshedding
I wonder how much from the loan will go fo corruption
Rather wonder how much will not go to corruption. That is what you have to work with😇
@@shafiyaalgiquadra1105 😄 I agree, I should ask them to tell the public how much will go for the project after corrupt deductions....it sound like a joke but in SA this is serious
This loan will affect us in long run
Balithengisa izwe sibuka , neziye zacinywa umongameli Nelson Mandela , liphi igolide nedayimani,sihambe siboleka imali yamaphepha, abasiboleke ,igold nedayimani yethu Lena abayimba ezimayini,nibesabani,niyabesabsyini? Umbuzo ,sihlupheka kanjani sinegolide nedayimani?
Even so come Lord Jesus, the humans have failed to run your creation.
South Africa is gambling with the future of its people, and these numbers are crazy.
Like how are we going to pay back these loans really?
Shame to South Africa shame, that's what i can say at this moment.
of all the injections you force on me, I have never seen this one being offered at a clinic.🤨
Guess who will be paying this money back us
Ci ci ci Ramaphosa has sold this country
This will also be stolen.
He is very passionate and articulates clearly. I partly disagree. Appreciate your information
I disagree we must privatise the energy sector SA will collect tax on those new private energy producers and have no need to constantly bail out Eskom all that state government should focus on is policing and education that’s all. the rest should not be in control of the corrupt incompetence government… give it up!!
You nailed it
Borrowing at the expense of the future generations
They must come defend themselves, we have been run ragged already!😚
They don’t care they wont be around and their children will have property overseas.
That for me is the sad part our kids will have to deal with.
I somehow agree with you brother. Why the rush in transition.
I give up👐
Yo! we didn't have louns from IMF in JZ government,we are the part of BRICS so why IMF?🇿🇦
And yet yall allowed malema to dragg JZ in parliament, made the old man look a fool, yall cheered up. Have you forgotten???
@@m.x.refrigxolani8365 Sebekhohliwe with "Pay Back the Money" over a pool and chicken coop
Fellow South Africans, remember this when you go for polling
That's small money, some individuals possess hundreds of million dollars all by themselves. lol
Predictable, they cannot repay..
Guess who's monies will be taken to pay....
More debt for your grandchildren, and no power
Another loan but they cannot pay our R350 srd grant and you bet we will still get load shedding. Loans and South Africa will be still broke.
He doesn't answer the question do we pay our debt in time?
Personally I'm not so sure that South Africa is as sovereign as what every South African seems to imagine 😅
Crypto trader's i am trying to avoid making any new buys at this point in other not to get
sucked into a bear market trap, It's tough
making money in stocks when institutional
investors are the driving force behind the
selling… although i read an article of people
that grossed profits up to $150k during this
crash, what are the best stocks to buy now or
put on a watchlist?
I enjoy my day today market decisions
being guided by a portfolio-coach,
seeing that their entire skillset is built
around going long and short at the
same time both employing risk for its
asymmetrical upside and laying off risk
as a hedge against the inevitable
downward turns, coupled with the
exclusive information/analysis they
have, it's near impossible to not
outperform, been using a portfolio-coach for over 2years+ and i have netted over $300k
Even with the economic fluctuation, I'm very excited to have earned $45,000 on my $10,000 investment every 10 days
I've got up to 700k returns since i came across Mrs Charlotte, My financial life has completely changed all thanks to her 😃.
credits to Mrs Charlotte Frederike, one of the best portfolio managers out there, she's well known, you should look her up
It’s too, too late African child join all African countries thank you Uncle & Auntie ANC.....enslaved by our own liberators
Yes borrow as much as you can,go all in🤣🤣
😂😂You must be hopeless!😂 Hysterical even.
RAMAPHOSA GUYS.
SA WILL WAKE UP TOO LATE ABOUT THIS GUY... WE ARE DONE AS A STATE.
Christmas is here government official's need there Christmas bonus because nothing is going to business people or the country's infrastructure.
The billion government spends on the ballot for eskom is mind blowing image if government instead spent that money on policing and education
We believe in RSA, its just going through a rough bumpy patch, As the most industrialised and richest cow-n-tree in Africa its small change and will bounce back.soon it will be usd1:R5.
You are dreaming!!!!
Why a we borrowing more loans where's there 🤣😭 are some people who hiding foreign currency 💵 in matreses why don't they get the hidden Dollars
Weell eeh Comrades,let the corruptions start🕺🕺🏋️♀️🏋️♀️
Most of that money will disappear, this loans are useless, they benefit few government and private individuals. 😅🤣😂
Next year we'll be facing the same power situation. You'll see😅
This loan will service the corruption in South Africa.
Poor interview. If the answers are mainly “no”, the so called analysts must find out before the interview. SABC is playing politics.
Propaganda
They don't know how to govern the country they don't have a cooking clue,the country is slowly dying
We need nationalist in government not these Neo liberal who want fix our problem like the west despite our situation being unique.
Party’s with conservative and Neo liberal ideas are going to be disappointing in the 2024 election.
The billion government spends on the ballot for eskom is mind blowing image if government instead spent that money on policing and education imagine the tax collect we could collect from these private energy producers it absolutely makes no sense to hold onto eskom. It’s just ego
We need energy that works!! not eskom that is already coasting us billions through bailouts. every hour the power is down in this country hundreds of people are loosing there jobs in that hour. Short sighted view in believing that eskom is here to provide the people with jobs and cheep electricity. It’s coasting this country more jobs and billions by not effectively working
@@justinteixeira3987 you can’t bring in elements of profit maximisation due to please shareholders into social goods. Electricity like water, basic foods and housing are basic human right and once you add elements of profit affect people drastically, we have hunger and homelessness and generations of people living in one family home due to the commodisation of basic housing and we see the likes of cosmopolitan taking advantage of government selling apartheid style housing to the working class for more R800 000. We live in one of the most capitalistic country with a population that is largely poor, which makes us unique in comparison to western country who are capitalistic have largely middle population. As a result of our current private sector it manifests itself as oligopolistic due to everything we consume comes from less than 5 companies.
Tell me why is everyone buying bread tiger brand which is retailed by picknpay, which is something that can be made and sold locally. It is not possible due to the oligopolistic food producers, manufacturers and retailers are partly owned by the PIC and would make sense for government to subsidise local bakeries as bread is the oligopolies biggest revenue stream.
Private doesn’t care about people but rather to make profit. China is a great example of what a nationalist government can achieve economically but obviously there should be some respect human rights and to freedom of speech.
@@justinteixeira3987 Expensive electricity will result in more people being more poor and exacerbate the levels of crime.
Poverty is the driver of crime and not weak police force as they are corrective force and preventive force.
ruclips.net/video/Ya46bmRa0os/видео.html
...AFICANS 4 AFRICA...
@Hilton Morris ...sane,....suggestion, would be to leave immediately...
Mr loan Ramaphosa
This is barbaric
This guy's head is screwed on so properly.👏👏
Let’s just make one thing clear the $8.5 billion is not a loan and it’s going to be given to SA to transition to renewable energy
Its not been given and is a loan , the high % is not disclosed - makes you wonder why
So its a donation according to u ??🤔
IMF never donates money jus like that ...Never !!!!