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#12500 - 11/19/03 02:12 PM Re: The Best Economic Policy for the Country
Lobengula Offline
Nkosi
*****

Registered: 09/16/03
Posts: 1077
Loc: Tsholotsho
Mpho

Kunjani mfowethu, kade ngingakuboni kutheni mtanenkosi? Kungasenani bengikhuluma lo mfowethu (SGN)and he said he needs your e-mail, he's lost it i suppose.
On the debate above, you bring NEPAD into the picture. Remember NEPAD=OAU=AU(African Union). Same faces different names.It's what one can refer to as the "old but new organisation". Forget about all the rhetoric , the sound and fury , the hotch-potch of confusion , the hanky-panky that characterises these organisations are,to put it in your own language, kungahlekisa uhlanya lucatshile.
To begin with, they recently elected one Robert Mugabe as a deputy (vice?) chairman of the African Union. Meanwhile his legitimacy is a subject of court proceedings in his country.
Various NEPAD groups pronounced as follows on the Zim elections:

"legitimate, free and fair"
These are organisations that are failing their litmus test: Mugabe.

On the issue of privatisation,let me put across to you that COSATU (equivalent to ZCTU)members are smiling all the way to the bank everyday on realising the benefits of privatisation.Recently Telkom(=PTC)was privatised and all ordinary South Africans were invited to buy shares. The shares were priced at about R34 each and ordinary people bought inlarge numbers through their pension money, unit trusts, and personal savings. Currently the same shares are priced at R50 each. Thats a massive profit of R16 a share.Assume one purchased 1000 shares at R34 each and is now selling them at R50 each. Pfrofit R16 000. Ironically, Cosatu thru their investment arms have been the biggest beneficiary of privatisation.

Bafowethu there are many methods of Privatisation

1)Public offering of shares in parastatals
2)Private sale of shares in Parastatals
3)Incorporating new private investment into parastatals
4)Selling of assets by liquidation thereby wiping out outstanding debt
5)Break-up of a parastatal into small companies and selling them separately
6)Management or employee buyout of a company
7)Leasing of a parastatal to the private sector
8)Partial contracting out of state enterprises to the private sector
9)Distribution of vouchers to the public to enable them to buy shares in parastatals

Below are parastatals that have been partially sold by the SA GVT and the amounts received:

SABC radio stations =R510 million
Telkom(30%) =R5.6 billio
Sun AIR =R42 million
Airports Company =R1.03 billion
Connex travel =R15 milliom
SAA =R1.4 billion
Sasria =R7.1 billion
MTN =R2.4 BILLION
Transwerk =R19 million
Safcol =R735 million
Telkom (ucingo division)=R690million


The following entities are being sold currently and final amounts to be realised are as follows:

Eskom =R100 billion
Portnet =R100 BILLION
Petronet =R100 billion
Telkom =R100 billion
Sasria =to be determined
Denel =to be determined
Transnet =R10 billion
ACSA =R 6 Billion
SA airways =R 9 billion

All this money then goes to the poor, in the form of black economic empowerment, housing , education,youth development projects, sports, small business development etc etc. The story does not end here, the new privatised companies now have to pay tax to the government which is in turn distributed to the poor as stated above. NO MORE STATE FUNDING FOR THESE PARASTATALS. They have to compete in the market (like me & you) for scarce resources.

All these figures are available at relevant ministries(Ministry of finance & Ministry of Pubic Enterprises)

Bennefits of Privatisation

1)higher economic growth
2)attracting foreign investment
3)capital markets development
4)opportunity of share ownership
5)wider distribution of wealth
6)higher return on investment
7)access to new markets
8)lower barriers to entry
9)improved fiscal position
10)efficiency
11)increased competition
12)new and motivated management
13)new technology
14) higher profitability

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#12501 - 12/12/03 05:18 AM Re: The Best Economic Policy for the Country
Zwangendaba Offline
Nkosi
***

Registered: 04/27/03
Posts: 1399
Loc: New York, New York, USA
Nyasombi.

I digitalisation ise Mashonaland and mostly in Harare. In Bulawayo, it is in select places. The Electric train runs up to Dabuka from the time it was constructed in 1985. People in Plumtree "TOWN" are drinking water from the wells, there is no running water.

Mina I am proud to be Mthwakazian First, then Afrikan Second, Then an Earthling last. Lokho okwe Zimbabwe sizakucitsha. SESISEDUZE.

Thrower, thank you for your 57th Post of 30th October,2003. The 2nd and 3rd paragraph says it all.

Lobhengula, i research yakho iyathokozisa. Please lakusasa ungadinwa. I am surprised back home kuthiwa abantu besiNdebeleni kabafundanga njalo bangamavila. You just defeated that Lobhengula.

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#12502 - 12/24/03 04:02 AM Re: The Best Economic Policy for the Country
Zwangendaba Offline
Nkosi
***

Registered: 04/27/03
Posts: 1399
Loc: New York, New York, USA
Donsende lani bafowethu.

Umngcwele weNkosi yohlanga ubungekho ku Tshangane. Amakhosi o Khayisa basaphila buzani bafowethu bengakafi.

Umngcwele we Nkosi ubuku Mnyathi River. LeNkosi yemuva ithe ithatha ubukhosi ayizawuqhelisa lo umngcwele.

Singaliquma ku Shangane siyabe sitshiye amaNdebele amanengi e Nkabazwe. That would not only creat resentment by our people, but economically we will be weakened.

Li Zwangendaba

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#12503 - 12/24/03 11:57 PM Re: The Best Economic Policy for the Country
sthutha Offline
Nduna

Registered: 05/08/03
Posts: 304
Lobengula,

Eqinisweni mfethu i-info. oyifaka lapha iyathokozisa njalo i-expertly.Siyabonga ungadinwa lakusasa.Ngiyathemba bakhona banengi bakusebenzisayo lokhu
Wobani le-end of year enhle lonke lomnyaka omutsha omnandi.

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#12504 - 01/08/04 01:35 AM Re: The Best Economic Policy for the Country
Masola wa Dabudabu Offline
Ngqwele

Registered: 10/03/02
Posts: 138
Izulu alisani ngoba abantu sebekonza imali kaMgabe ukwedlula amasiko lenvelo yabo.

Nampo esasibethemba sebesithi uMgabe nguyena ubaba wabo.

Kambe liyangibonisa abantu abenje ngo Andrew Ndlovu sebesekela uMgabe ingathi nguNkomo! Khepha amagukurahundi ayeza!

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#12505 - 01/08/04 03:11 PM Re: The Best Economic Policy for the Country
mahlabezulu Offline
Sakhamuzi

Registered: 10/25/03
Posts: 88
Loc: Bulawayo
Asenza amapulazi athathwa ngodli! UMgaxabe usewathengile amagovu la, phinde bamphikise.

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#12506 - 01/08/04 10:17 PM Re: The Best Economic Policy for the Country
Masola wa Dabudabu Offline
Ngqwele

Registered: 10/03/02
Posts: 138
Limqotho lelo elokuthi ubafowethu ngamagovu!
Kambe umuntu wesintwini angemukela isipho esivela esitheni sakhe?
Kambe ngabantu abanjani asebesidla labantu ababulala izihlobo zabo ngendlela elobugebengu lobudlovu obunjeya?

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#12507 - 01/11/04 01:04 PM Re: The Best Economic Policy for the Country
Serwanz Offline
Mafikizolo

Registered: 05/21/02
Posts: 47
Loc: Kontuthu
Ngakho ke, qalani ngokutshaya abakithi abasebenzela isitha, lingakayi lwisana lama Shona.

Send a message to all collaborators ukuthi uyez' umoya. Lisayikhumbula i necklace?

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#12508 - 01/14/04 05:42 AM Re: The Best Economic Policy for the Country
Zwangendaba Offline
Nkosi
***

Registered: 04/27/03
Posts: 1399
Loc: New York, New York, USA
Lobhengula.

Thank you for simplifying the economic statements.

Mina engicela ukubakwazi is, how feasible is this in the Zimbabwean environment??? Is it not better off prepared for a federal arrangement, where each state will reign in its citizens as compared to trying to change the Shona people overnight in their "quest for riches by what-ever means necessary"

Lakusasa baba. Ukufunda akupheli. And MANY THANKS TO NOE for requesting you to simplify.

Li Zwangendaba.

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#12509 - 01/15/04 09:22 AM Re: The Best Economic Policy for the Country
Lobengula Offline
Nkosi
*****

Registered: 09/16/03
Posts: 1077
Loc: Tsholotsho
Zwangendaba

Ayabongeka amazwi akho mfowethu. Njengoba utsho, ngempela ama economic principles lawa sixoxa ngawo specifically for a federal system of Gvt with strong regional (provincial) autonomy. This could serve as a forerunner for the fully fledged state of Mthwakazi independent of the z-ruins.
In a nutshell you are right we are talking about principles for a federal or autonomous Mthwakazi.

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