Friday, 1 November 2019

IT’S ONLY A GAME


Finance Minister Tito Mboweni revealed once again in his MTBPS speech on Wednesday that he (and perhaps only he) has grasped that it’s the government expenditure – particularly the salary levels of management-level state employees -- that urgently need to be trimmed. The remuneration and perks of civil servants consume around 46% of the government’s tax collection and have grown faster than anything else in this economy. The Minister’s own chubby and well-fed mien tells this story rather adequately.
But it’s unlikely that any cabinet member is going to risk their power base by trying to do something about it beyond tinkering with car allowances, cell phone upgrades and plane seat selection. How about moving the whole circus of tax-eaters from Cape Town and Pretoria to a rail hub like Noupoort in the sort of middle of the nation? It would initially be expensive, but it would thin the ranks of civil servants appreciably and discourage foreign potentates from coming to “strengthen bilateral ties”.
Despite the evidence that suggests that it wasn’t the same Aloe Ferox plant that he produced in his February Budget speech, Tito again proffered parliamentarians the prickly potted plant and pointed out that that this botanical specimen was not doing well. The stunt did not go down as well as it did in February.
He really scared the debt and currency market with the forecast that the amount of the state debt would increase by 50% in the next three years and some traders may have been badly tricked on Halloween. Currently these folks are now awaiting a treat from the Moodys rating agency who, if they leave our credit rating unchanged could cause those markets to recover. Already however, Public Protector Busi Mkhwebane has gone off pop about the power that these very ordinary financial analysts can wield. So maybe she knows something already.
How do teachers cope with the question of what “Hate” means now that our government has decided that it is now dependent on context? “Juvenile rant” is the approved term to describe the vile racist insulting invective that has been aimed at Minister Pravin Gordhan. When one day it emerges just exactly what is that he knows which badly scares so many politicians particularly those with a good helping of the looting gene, perhaps we will get our word back. But in the meantime, it’s all terrifyingly like “Animal Farm”.
There was a perfect example this week of the utter ineffectiveness of central control. Reportedly about 4 years ago the Gauteng provincial government decided that it would “create” a Jewellery Manufacturing Hub that would create 4764 jobs .Not only is this a wonderfully precise number but it is further broken down into categories of 599 “direct” jobs, 1823 “indirect” and a mystifying 2342 “induced” jobs. Equally precise were the value-added amounts and turnover in goods and services and other wonderful flows of money that the project would create. There was even a sod turning ceremony and probably a chrome plated spade. Glaringly absent, however, was any mention of customers or indeed demand for this hub’s output. And so, it is unsurprising that nothing of this project has yet seen the light of day. Even the international investors who so selfishly always demand a return on their money failed to pitch.
The so-called Bronze medal match at the Rugby World Cup was quite entertaining but should not have been played as no one cared much about the result. It did give us curmudgeons another chance to carp about the All Black privilege of being allowed to be offensive and stick out their tongues at the opposition. One day a brave coach sure of beating the New Zealanders is going to instruct his team to ignore the theatrics, reject the challenge and saunter down to the posts away from the noise and have a chat. But it won’t be soon! News reaches us of a poor fellow who has been told to turnout to support his wife at the annual church fete scheduled for tomorrow morning. What a dreadful clash. Go ‘bokke.
James Greener
All Saints Day and still no Brexit