When the country has it's economy on it's knees this is the last thing we need to be seeing. The Rand took a dip today which is not surprising as this is all negative news.
Last week we saw the Former president of South Africa Jacob Zuma jailed for contempt of court for a period of what is thought to be 15 months. Obviously this hasn't gone down too well with the Zuma fan club and have used it as an excuse to go on a rampant stealing and looting party across the country.
I think what the majority of ANC supporters thought was that nothing was ever going to happen to him as in the past the ANC was used to only fighting Apartheid. They have never had to turn on themselves and this is the first real blow dealt by President Cyril Ramaphosa.
Over the weekend and today we have seen violence spreading across the country which is just an excuse to enrich yourselves through criminal activity. What I find worrying is the lack of law and order with little or no policing going on right now. The economy is already in the gutter and by burning down shops and infrastructure many more jobs will disappear.
Watching this shit play out on Social media is not exactly a fun watch to see and obviously you have to question whether you want to be part of a country that acts and behaves like this. If I was an investor I would certainly be pulling my money out as this economy is just too unstable and irrational in every sense.
I think the most disturbing thing to witness is the lack of silence by the so called leaders of the country. Jacob Zuma was a corrupt President and this should have been dealt with a lot sooner than what we are seeing now. The Gupta brothers who are also part of the same enquiry into State Capture are now on the Interpol Red Alert.
The country has been on a steady downward spiral with the economy sinking to new lows. This is no quick fix and with unemployment out of control this situation here is going from bad to worse. This is more like self destruction and something needs to be addressed very quickly.
I just am flabbergasted that the people can think that this type of behavior is acceptable and the ramifications are far bigger than just Zuma who didn't give a damn about his people. With unemployment sitting at 50 percent is bad enough yet that figure can get far worse if this continues over the coming weeks.
