The Prophet Muhammad (sws) said: "When you see in Mecca…buildings that surpass the tops of mountains, then know the Hour (as-Sa’ah) has already cast its shadow."
The Director of the UN's New York office just resigned after thirty years at the organisation over the UN's handling of the ongoing genocide of Palestinians.
The entirety of his resignation letter is a necessary read but this first page blew me away.
The value proposition was as follows.
Cyril Ramaphosa is a billionaire so he understands how to run a business, he knows and understands money, therefore administration will improve, the Rand will be stronger and corruption will decrease.
The reality is the total opposite. Five examples.
▫️Yesterday the dollar was 1:19,78. That’s the lowest it’s been in 29 years.
▫️Eskom’s future was sold to IPPs.
Instead of building power plants on a pragmatic energy mix including coal, nuclear and solar and wind, those deals were given to UK owned power companies which will have 20 year deals and to Remgro which will control the energy exchange. That is why load shedding will continue to get worse every year.
Even the appointment of Andre De Ruyter, we said it was not a good appointment years ago.
▫️SAA was sold to a private company after being bailed out multiple times by the state. Another privatization instead of using management expertise to fix the problem.
▫️ interest rates have been raised so high the middle class will be choked. Banks will repossess everything, more than they did during the pandemic.
▫️ only 1% of kids in grade 4 and 6 are reading at an advanced level. Only 9% at an intermediate level, but the global average is 90%.
Everything that was supposed to be fixed is broken. Everything that was supposed to end is increasing. Everyone who was supposed to be helped has been abandoned.