Pikagi
Finance & economics Profile Banner
Finance & economics Profile
Finance & economics

@Ndala_Momane

2,046
Followers
511
Following
1,111
Media
16,019
Statuses

Economics and Financial modeling

Centurion, South Africa
Joined September 2018
Don't wanna be here? Send us removal request.
Pinned Tweet
@Ndala_Momane
Finance & economics
@Ndala_Momane
1 month
SA's economic policy: FDIs to our mining sector, pay dividends abroad & import final goods. Oops! Let's export our financial assets to earn more USDs. But these must pay higher yields. Oops! Since the pie will never grow, let's substitute the state with the private sector. 🤨
2
19
25
Last Seen Profiles
KYLE

@KyleForgeard

Jordan Johnson

@jjohnsonj1

☀️Sunni☀️

@sunnivaixchel

عبدالهادي ابوديه

@ab_diah

Eddy Conroy econroy@bsky.social

@econroy_1

mark lye

@letitflye

たんく

@tukitukippp__ie

ACU Sports

@ACUsports

Leo

@MarlborLeo

Ashton Gillotte

@AshtonGillotte

Aisoo

@4ajw3

Haki Man Le Glove

@SenseiLeGlove

🌹 دادی اماں  🌹

@OfficialDadiAmi

MoMo

@Starskiff

HIJAB•JILBAB

@hijabjilbab1

NFHS

@NFHS_Org

PG|ᎢᎬᎢᎡᎪテトラ🖤🦋🪤

@TetraTheThief

TheTulsaRedBear $6 onlyfan daddy

@TheTulsaRedBear

トレカボール天神店＠ポケカ

@Toreca_Ball

Rodolfo Garraud S.

@RodGarraud

Pearl Mollica

@mollica47737

Isabella 🕷️

@urapinkpony

小桜なのは🌸ギルガメッシュナイト

@kozakura_nanoha

AlienBenny

@AlienBunnyBenny

moonbrary

@moonbrary

rich auntie 𐚁

@dippedngold

Run Lipa

@dhonasuperstar

HIJAB•JILBAB

@hijabjilbab1

🇹🇭 💛 💜ฟอพัส กรีนชีค ริงเน็ค💜 💛🇹🇭

@eikqsungus

Alexandre Perez

@AlexandrePerez_

Shivraj Meena INC

@shivrajmeena125

sedapmalam

@ssedapmalam24

sedapmalam

@ssedapmalam24

pOOnam

@_Poonam_Shah_

elorie

@wravishing

Aninha

@aninhatuita

@Ndala_Momane
Finance & economics
@Ndala_Momane
3 years
A journalist who used to continuously expose the rot at Eskom is now employed by Eskom to basically tweet about loadshedding. 👀
123
738
2K
@Ndala_Momane
Finance & economics
@Ndala_Momane
8 months
Privatization is madness
Tweet media one
@IvoVegter
Ivo Vegter
@IvoVegter
8 months
Privatisation necessary to kick-start SA’s recovery – by Nicholas Woode-Smith
43
9
36
24
945
2K
@Ndala_Momane
Finance & economics
@Ndala_Momane
9 months
Do you understand how huge the scandal of ZAR manipulation is? Suppose USD/ZAR exchange rate is manipulated since 2021. That means (1) the SARB rate hikes since 2021 were manipulated. (2) The huge bank profits were manipulated. (3) The whole gov bonds market was manipulated
106
838
2K
@Ndala_Momane
Finance & economics
@Ndala_Momane
1 year
73% of adult South Africans earn less than R6000. Government response: 🤷‍♀️
Tweet card media
Income inequality in SA: 73% earn below R6 000 per month, 3.3% earn more than R52 000 | The Citizen

Almost a third of South African adults do not have any form of cash-flow income, while income inequality still sees women earn less than men.

www.citizen.co.za
46
755
863
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
Don't be distracted by this letter from JZ. There's no honour among thieves. There's no better thief, let them fight. What is very clear is that a sustainable future for SA is mutually exclusive with that of the ANC. One must die, literally. It's either us or the ANC, simple.
13
233
487
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
SA Reached 100k confirmed cases. All other things remain constant, we are likely to be in the top 10 of the World by end of July surpassing Spain, Iran & Italy. In the last 22 days, we added 69k, +cases risen to 17 per 100 tests (8 per 100 end of May). @vercingetorics @senndebs
Tweet media one
67
308
379
@Ndala_Momane
Finance & economics
@Ndala_Momane
1 year
UCT - The dancing VC should not claim the stellar performance of the university as hers. UNISA - As a leader, the VC must account for tender irregularities in the university Eskom - the former CEO should not be held responsible for poor performance & tender irregularities.
21
198
327
@Ndala_Momane
Finance & economics
@Ndala_Momane
8 months
Gautrain: a project initially billed for R7 billion. The government decided for a PPP/PSP to TRANSFER risk to the private sector. Risk Transfer: Cost escalated to R29 billion. The gov picked up the tab, aka grants, so that the private sector shareholding is undiluted. A heist
@mark_barnes56
Mark Barnes
@mark_barnes56
8 months
🇿🇦GAUTRAIN: 13 years old, 120 million passengers, 98,55% on time - immaculate condition, safe, predictable - we can do it - there is light at the end of the tunnel! 🇿🇦
Tweet media one
162
342
3K
16
166
275
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
Your job is not to explain economics 101 to us. Your job is to engineer macroeconomic policy so that the variables you quote in your tweet must work well to achieve economic growth.
@tito_mboweni
Tito Mboweni
@tito_mboweni
4 years
I do not know how to explain this anymore. Let me try. Economic agents: investors, businesses, consumers, buyers and sellers of goods, farmers, the market, etc, need policy certainty. FUNDAMENTAL. I invest because I will harvest in Xyears in the forward market. CONFIDENCE!!
327
95
884
9
87
256
@Ndala_Momane
Finance & economics
@Ndala_Momane
11 months
South Africa is a movie. A directive from @TreasuryRSA to defund Eskom generation.
Tweet media one
41
258
256
@Ndala_Momane
Finance & economics
@Ndala_Momane
3 years
Shit has finally hit the fan. NSFAS can longer expand support. SOEs are now being privatized. The Economy in recession, Public expenditure reducing. Plants are closing, trucks would be moving in the wrong direction from Botswana to supply parts for new Merc C class in EL.
17
150
237
@Ndala_Momane
Finance & economics
@Ndala_Momane
1 year
Pravin Gordhan sold half of SAA land & buildings worth R2bn for less than 51c to Takatso. Adult SAns still think the man is a corruption buster.🤭
Tweet media one
12
175
202
@Ndala_Momane
Finance & economics
@Ndala_Momane
5 years
@FloydShivambu Alcoholism is a desease, this guy needs support. The best support is for him to undergo professional help, taken out of his police duties meanwhile.
9
4
150
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
Spineless Cyril Ramaphosa has costs taxpayers +R10bn in BRP process pretending to rescue SAA. Now, his gov is unable to fund the BRP plan & SAA is facing liquidation that would immediately expose the gov to +-R20 bn in guarantees & a further +-R10 in leases & other commitments.
8
106
147
@Ndala_Momane
Finance & economics
@Ndala_Momane
2 years
It is 2022, Europe is buying coal from Africa while simultaneouly funds Africa to move away from coal to clean energy.
@IOL
IOL News
@IOL
2 years
Tanzania coal exports exponentially soar as Europe flocks to Africa for natural resources
3
30
35
3
128
132
@Ndala_Momane
Finance & economics
@Ndala_Momane
3 years
@AldrinSampear Aldrin Imagine the level of this blackmail when the private sector controls our energy supply (Eskom), petroleum (PetroSA), Exports (Transnet), Defense (Denel), aviation (SAA).
4
28
122
@Ndala_Momane
Finance & economics
@Ndala_Momane
8 months
@IvoVegter The answer to the question is obvious, no. Your assertion that privatisation is the answer is also false.
3
8
117
@Ndala_Momane
Finance & economics
@Ndala_Momane
1 year
Read this document when you find a chance. A budget of R60 billion to close down the economy of Mpumalanga. Insane.
Tweet media one
10
69
111
@Ndala_Momane
Finance & economics
@Ndala_Momane
11 months
You don't need to know economics to know this is BS. You can't slow down the economy to fight inflation caused by Eskom loadshedding, wage increases, rail to road, Ukraine War...... These are smart people who have invested in lying about why they fight inflation.
20
69
113
@Ndala_Momane
Finance & economics
@Ndala_Momane
1 year
"South Africa is a simulation" Muldergate scandal ushered PW Botha's total military control over SA. State capture scandal ushered Ramaphosa's big business total control over SA. In both cases, the media is a key partner. Apartheid, guns & money
5
80
107
@Ndala_Momane
Finance & economics
@Ndala_Momane
11 months
Chris Hart says SA is running out of taxpayers because it is exporting taxpayers. This theory is known as ChrisHart taxpayer export diffusion model submitted for his matric home economics paper, 1977.
@chrishartZA
Chris Hart
@chrishartZA
11 months
Partially true. Not mentioned, is SA has run out of taxpayers. The taxpayer export policy has been the only govt program that has worked really well.
57
246
720
14
40
94
@Ndala_Momane
Finance & economics
@Ndala_Momane
8 months
1. Glencore is the biggest driver of Eskom tariff escalations. Yes, Glencore. 2. IPP (RE) cost per Kwh double those of coal. 3. Diesel (loadshedding) 4. Debt
Tweet media one
@GTalevi
Giulietta Talevi
@GTalevi
8 months
Hope it’s really clear to SA at large that the single factor behind your cost of living explosion is Eskom’s inability to supply enough, reliable, reasonably priced power. And that’s thanks to the ANC government. No one else.
68
277
969
9
93
93
@Ndala_Momane
Finance & economics
@Ndala_Momane
5 years
@AdvBarryRoux How do you sleep after this purchase 😱😱😱
4
1
86
@Ndala_Momane
Finance & economics
@Ndala_Momane
8 months
Crazy. SA banks print money every day for people to buy on credit clothes, cars, houses, etc, keeping the private sector afloat. Billionaires who benefit from this helicopter money have convinced many that it is bad for the gov to do the same to fix public infrastructure.
@LyndaShacks
Lynda Shackleford
@LyndaShacks
8 months
Tanker at 83 Katherine st, Sandton
Tweet media one
15
10
22
7
73
84
@Ndala_Momane
Finance & economics
@Ndala_Momane
11 months
Fact check: Transnet & SAA were never operated profitable & 'efficiently' during apartheid. SAA was part of Transnet until 2005/6. Until 1990, Transnet was operated as a government department (cost center). It is okay to be an apartheid apologist, but don't lie.
Tweet media one
3
58
78
@Ndala_Momane
Finance & economics
@Ndala_Momane
1 year
The middle class is so fragile & insecure with a dose of infantilism. This class seems to derive its happiness from the misery of the uneducated & poor. Its perspective on key policy issues is about exclusivity for those who can pay. This class is pathetic.
7
33
76
@Ndala_Momane
Finance & economics
@Ndala_Momane
6 months
@LungaMrhetjha 🤣🤣
Tweet media one
4
6
76
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
Highest number of tests (15599) & + cases (663) so far👏. Also in reletive terms, a jump from the mean, 4 +cases/100 tests. Importantly, after 8 days of level 4, we're still trending below level 5 expected path. For now, correct decision by Thuma mina. @vercingetorics @senndebs
Tweet media one
14
41
74
@Ndala_Momane
Finance & economics
@Ndala_Momane
1 year
De Ruyter is a G. He knew they knew he was incompetent. They appointed him for corrupt ends. He instead threw a javelin for himself, outing the morons. Armed with inside info, a full proof fire wall. 🤣🤣
9
9
76
@Ndala_Momane
Finance & economics
@Ndala_Momane
1 year
Had a coffee with CFO in the steel & engineering sector. Since the pandemic, he has accumulated R400m recapitalised unpaid interest expense with cost of debt at prime +3%. Unemployment isn't structural. The Financialisation of this economy is the problem.
11
36
75
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
Lockdown earned SA a month delay to reach 20k +cases. economic costs? corpses do not build economies. It took +-63 days to reach 10k but took only 12 days to add another 10k, WC is the cause. Of the 14.5k+cases since level 4, WC makes 73% (10.5k). @vercingetorics @senndebs
Tweet media one
12
42
68
@Ndala_Momane
Finance & economics
@Ndala_Momane
1 year
How China reduced extreme poverty over the last 40 years. This was achieved through target programs led by the gov including subsidies. In SA, smart people are telling us about optimal allocation of capital using private capital models that have no poverty as a variable.🙃
Tweet media one
13
44
71
@Ndala_Momane
Finance & economics
@Ndala_Momane
7 months
10 yrs ago, a director (senior manager) salary was about R600k. With the average CPI of 6%, this is no news.🤨 Sanubamuncu.
@DailyInvestorSA
Daily Investor
@DailyInvestorSA
7 months
Government's millionaires Ten years ago, there were 10,000 government employees in South Africa earning more than R1 million. There are now 55,000.
177
390
565
6
28
69
@Ndala_Momane
Finance & economics
@Ndala_Momane
2 years
Europe keeps her coal plants mothballed (unsed but keep in good shape for restart). SA plans to shutdown her own once reach end of life to import Europe RE technology. What level of witchcraft is this?
4
25
62
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
No. of tests a day keep going up 👏, 16 327 today up 5%, +cases 525 down 21% 👏. level 4 curve still trending below level 5 expected path, supporting decision to go to level 4. But the curve is still on a steady incline, not good for the bigger battle. @vercingetorics @senndebs
Tweet media one
11
32
66
@Ndala_Momane
Finance & economics
@Ndala_Momane
1 year
Fact 1: SOEs are currently privatized via debt. Debt holders exert control via debt covenants. Fact 2: What is now termed privatisation is actually a transformation of the equity side into an exotic form of debt known as concessions.
Tweet card media
Khaya Sithole | Govt's hostility towards privatising SOEs is a major blind spot | Business

There's a lack of clarity and alignment regarding the control and management of state assets - and it's costing our SOEs, says Khaya Sithole.

www.news24.com
8
51
62
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
Had Molefe agreed with Glencore to raise coal tariff to R530/t & wrote off R2 billion penalty, he would probably still be Eskom CEO. This is what is f#*cked up about SA. This Saints & Sinners approach is designed to deflect our attention to choosing one thief over the other.
7
27
59
@Ndala_Momane
Finance & economics
@Ndala_Momane
3 years
Just a decade ago, Eskom had about R180 billion debt and today this number is about R450 billion. You need an overdose of Nyaope to believe that solution to Eskom challenges is IPPs, unbundling or even good management.
14
31
59
@Ndala_Momane
Finance & economics
@Ndala_Momane
3 years
Austerity usually gives a false sense of reason & stability before it blows in your face. That's exactly what happened to our Parliament.
1
30
55
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
Alcohol ban is surely an optimal decision to ease pressure in our health care facilities to cope with COVID-19 peak. Optimality does not mean without negative impact in other areas.
3
22
59
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
10 days into level 4, still we are no worse that level 5. Decision to go to level 4 was correct. But I am afraid, this COULD very well mean we are badly managing the epidemic such that lockdown has become little effective. 17257 tets, highest sofar👏. @vercingetorics @senndebs
Tweet media one
18
39
53
@Ndala_Momane
Finance & economics
@Ndala_Momane
1 year
@lungile_mashele Please go back in the meeting, show them this. It is suboptimal to focus on labor. Primary energy costs, the biggest driver of inefficiency and tariff escalations at Eskom. I am yet to finish this report.
Tweet media one
9
8
56
@Ndala_Momane
Finance & economics
@Ndala_Momane
2 years
There is clear pattern here, one by one, SOEs are failing to complete AFS under Pravin
@News24
News24 🇿🇦
@News24
2 years
Eskom will not finalise its annual financial statements by the statutory deadline of 30 September due to "significant key matters" that will take some time to close out with auditors, Minister Pravin Gordhan has told the Speaker of Parliament.
172
83
119
1
65
56
@Ndala_Momane
Finance & economics
@Ndala_Momane
1 year
Chinese economic model is fascinating. China has about 150k SOEs. State banks dominating the banking sector, lending to SOEs. The so-called high savings culture used as an excuse by SA is actually retained profits of these SOEs who do not always honor debt repayments 🤨
Tweet media one
9
38
50
@Ndala_Momane
Finance & economics
@Ndala_Momane
8 months
R25 billion bailouts since 2010/11 to keep the stations clean while excluding the working class. 🙄
Tweet media one
@TimesLIVE
Times LIVE
@TimesLIVE
9 months
You walk into a Gautrain station and the first thing you notice is that it is clean. We don’t make enough noise about this in SA, writes @justicemalala
108
166
838
5
49
55
@Ndala_Momane
Finance & economics
@Ndala_Momane
3 years
Eskom Fast fact FY20: 35: Primary energy increased by 13% - coal contracts & IPPs 36: employee benefits decreased by 1% EBITDA: R37 billion 42: Finance costs=R34 billion Almost the entire EBITDA goes to Finance costs but you are told labor is the problem. 🙄 @phakxx
Tweet media one
13
49
49
@Ndala_Momane
Finance & economics
@Ndala_Momane
1 year
The ANC outsourced everything to the private sector, from a simple task of buying a toilet paper to maintenance of critical infrastructure. TF is the ANC blamed for killing skills in the public sector by preachers of privatization is fuckery of the century.
7
45
52
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
Highest no. of tests (15061) and new +cases (447) sofar. Despite the increase in the no. of tests, no spike in the +cases, still 3+cases per 100 tests. As expected, early days, Level 4 curve still on the level 5 expected path @vercingetorics @senndebs
Tweet media one
8
37
49
@Ndala_Momane
Finance & economics
@Ndala_Momane
2 years
SA is land of milk & honey for the financial sector. The sector holds 72% of +- R3.57tn gov bonds incl pension funds. Clearing yield on gov bond auctions ave +2% spread. Add SARBs interest rate hikes....the sector is booming with gov & SARB on its corner.
@BDliveSA
Business Day
@BDliveSA
2 years
FirstRand declares highest dividend in its history
1
8
11
1
42
49
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
@FloydShivambu Relax Floyd, we are not about whose corruption is worst but to steal savings of the elderly and the most vulnerable in society must be the worst corruption since 1994.
2
7
47
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
No flattening of the curve in sight. Today, no. of tests declined by 15%(14711) but no. of +cases increased by 7% (637), that's the curve is steeper. Based on the ave. of 569 new cases a day for the last 5 days, we could be +22k by end of May. @vercingetorics @senndebs
Tweet media one
15
43
48
@Ndala_Momane
Finance & economics
@Ndala_Momane
2 years
Not a single economist from the financial sector has offered an opposing view to the rate hike by SARB, why? is it economics or consensus?
5
30
48
@Ndala_Momane
Finance & economics
@Ndala_Momane
3 years
SA elites are so naive. When we demand economic stimulus directly to the people such as Hong Kong economic stimulus, SA elites see entitlement all over. They don't even realize that unemployment & poverty is threat to their elite status. @mokhathi #BudgetSpeech2021
2
19
45
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
Highest no. of tests so far 9827 with 247 new +cases. We are still on an exponential path with bwtn 2 to 3 +cases per 100 tests. In relative terms, there is no evidence of a spike even when the no. tests increase exponentially. @vercingetorics @senndebs
Tweet media one
7
22
49
@Ndala_Momane
Finance & economics
@Ndala_Momane
2 years
Today's 75 basis point shouting by Kganyago is a symptom of a financial sector led economy. To hedge against this madness, SA needs a state led industrialisation program targeting downstream mining beneficiation, cheap reliable energy, rail & ports to unlock exports.
1
22
49
@Ndala_Momane
Finance & economics
@Ndala_Momane
3 years
@Anahliel Let's be fair to umhlekazi, every professional has a price on his/her head. There is a need to rethink the remuneration structure of certain professions, a failure of society to value what really matters instead of influencers. We really don't value journalism as we should.
1
3
46
@Ndala_Momane
Finance & economics
@Ndala_Momane
1 year
Energy, rail, ports, water & roads are unavoidable input costs of all goods (exports) & are natural monopolies. It needs an overdose of nyaope to privatize monopolies & hope private capital will be benevolent. Vertical integration with users will lead to barrier to entry. Stupid
3
30
45
@Ndala_Momane
Finance & economics
@Ndala_Momane
3 years
I hear a group of livestock thieves are currently fighting in a meeting. Cow specialists want a sheep thief to be fired from their organization. Sheep thieves are fighting back. Ironically, the community, victim of this thieving, is siding with cow thieves. 👀
4
10
47
@Ndala_Momane
Finance & economics
@Ndala_Momane
11 months
Since 2010/11, Gautrain has received R25.2 billion state bailouts. The initial estimate to build the Gautrain was R7 billion. The final expenditure was R30 billion. This PPP model is so successful that it is going to be used in all SOEs 🤨 @phakxx
Tweet media one
8
54
50
@Ndala_Momane
Finance & economics
@Ndala_Momane
3 years
@BenjaminACronin @IsaahMhlanga Facts: Before 2019, sector minimum wage in the Engineering and manufacturing sector was R40 per hour. Ramaphosa introduced a minimum wage of R20 per hour in effect setting back wages in the sector by almost 20 years.
0
14
43
@Ndala_Momane
Finance & economics
@Ndala_Momane
2 years
Food inflation at 11.9%, the rate hike will impact cost of capital of the farmer, trucker & retailer. Given the price inelasticity of demand, this rate hike is more likely to add more food inflation. Buckle up!
4
33
44
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
There's no economy without the people and there's no people without the economy. These are indivisible. COVID-19 is a sharp reminder of this fact. Any extreme approach that ignores one of the variables is bound to fail. Med vs Economy twar is unnecessary.
6
22
43
@Ndala_Momane
Finance & economics
@Ndala_Momane
11 months
Gross revenue = R69 billion Interest expense = (R12.2 billion) Principal Debt paid = (R52 billion) This 👆 is insane. Effectively, Transnet works for the debt capital markets.
Tweet media one
9
24
45
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
So someone is in jail for hitting a political opponent with a glass Jar. In the same country, a guy has a suspended sentence and a house arrest for intentionally running over a car guard. Wow!
@News24
News24 🇿🇦
@News24
4 years
ICYMI: Johan Steyn - who was caught on CCTV driving over security guard Mzwanele Wellem - was sentenced to 6 years in prison for attempted murder, five of which were suspended. He will be under house arrest & has to complete 576 hours of community service
154
96
110
9
16
40
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
Yesterday, highest no. of tests (+21k). We are now at 5+cases per 100 tests, worrying. WC, GP, EC & KZN make 97% of total ZA COVID-19 cases with WC contributing 60%. GP & KZN may be considered for level 3 but WC & EC level 5. See curves below. @vercingetorics @senndebs
Tweet media one
14
26
42
@Ndala_Momane
Finance & economics
@Ndala_Momane
8 months
"French businesses have decided to stop further investments in SA until government implements desperately needed reforms to provide a stable and competitive operating environment."🤨
@WallStreetSilv
Wall Street Silver
@WallStreetSilv
8 months
French farmers are spraying manure on government buildings today 🔥🔥🔥 They are protesting about taxes and regulations that are squeezing them out of business.
1K
7K
30K
2
39
44
@Ndala_Momane
Finance & economics
@Ndala_Momane
10 months
Africa will never develop if we still think money pays for infrastructure. Infrastructure creates money. The Chinese are experts in this.
7
27
40
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
Pravin does not want to pay outstanding salaries in fully as budgeted by SAA BRPs cause he made a blunder by excluding SAAT & AirChef from the BRP process despite SAA is vertically integrated. Now poor workers must pay for his incompetence & media continues to play cheerleaders
1
23
40
@Ndala_Momane
Finance & economics
@Ndala_Momane
7 months
Don't announce to the IMF. Let us turn SA into a construction site. Let us dump this dumb idea of foreign investment for public goods consumed exclusively by SAns.
Tweet media one
2
11
41
@Ndala_Momane
Finance & economics
@Ndala_Momane
1 year
The morons who argue against social grants don't even realise that social grants are the shock absorbers that keep this economy going. That's why I hate poverty. It gives license to morons to be freely morons just because they have more currency.
@eNCA
eNCA
@eNCA
1 year
Many argue the wide range of social grants is turning South Africa into a welfare state. New research from UCT has found it may increase the chances of finding work. #DStv403 #eNCA
96
110
283
10
22
39
@Ndala_Momane
Finance & economics
@Ndala_Momane
11 months
Apartheid was socialist state exclusively for whites. How I wish the statement of the chairman of Eskom in 1993 can be recited today by a cadre deployee of a liberation movement that claims to be pro-poor.
Tweet media one
Tweet media two
Tweet media three
2
36
40
@Ndala_Momane
Finance & economics
@Ndala_Momane
3 years
In a country with rising poverty levels, a minister tells Parliament that an SOEs that has failed to pay its workers for months has a R11 billion order book that it cannot execute due to lack of capital. No noise whatsoever, we don't deserve the whole lot not only the ANC.
2
35
38
@Ndala_Momane
Finance & economics
@Ndala_Momane
2 years
A typical example if how fiscal spending can stimulate an economy. Shoprite & Usave increased sales by 7.3%. Where do you think the R350s go to?
@BDliveSA
Business Day
@BDliveSA
2 years
Shoprite reports 25.5% first-half profit growth
1
0
3
3
29
38
@Ndala_Momane
Finance & economics
@Ndala_Momane
10 months
The SARB governor must learn from Cyril Ramaphosa. He must not do interviews. He is embarrassing himself and his backers.
Tweet media one
4
15
40
@Ndala_Momane
Finance & economics
@Ndala_Momane
10 months
Pravin Gordhan is destroying this economy.
Tweet media one
8
24
36
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
6 837 tests today & for 6 consecutive days achieving +5k tests. Good progress Prof and his team. Average of 171 new cases a day for the past 6 days, no wonder the curve is upward looking. Let's keep social distancing. @vercingetorics
Tweet media one
5
16
38
@Ndala_Momane
Finance & economics
@Ndala_Momane
3 years
Irony of "we can't spend our way out of low economic growth". A whole Finance Minister. China gave rural families rebates (not banks) to purchase locally manufactured appliances to boost demand, keep businesses afloat during a recession & offset low export demand.
Tweet media one
4
34
39
@Ndala_Momane
Finance & economics
@Ndala_Momane
2 years
Only a failed African state would sheepishly surrender 100s of years of coal reserves for imported technology for energy security.
0
20
36
@Ndala_Momane
Finance & economics
@Ndala_Momane
2 years
@matsila @CoruscaKhaya I think most of the support for Cyril follows a binary process of a choice btwn Cyril & the barbarian at the gate, less about whether there was wrong doing. Everything else is retrofit into this binary process & the outcome is pre-set against guys at the gate.
2
10
36
@Ndala_Momane
Finance & economics
@Ndala_Momane
2 years
Minimum wage = +-R3 700 Old age grant = +- R1900 Unemployment = 34% You still think solution to this problem is more private capital funding - user pay principle of elec & water supply? Go get your head examined.
Tweet media one
1
23
36
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
Tracy is Leadership
Tweet media one
29
20
34
@Ndala_Momane
Finance & economics
@Ndala_Momane
2 years
Private capital wants to build public infrastructure on behalf of the gov underwritten by the same cash constrained gov. Yifilim.
4
29
35
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
The most talented graduate, start a career in public or private sector. The less talented attend branch meetings while others are at work, BOOM the less talented become Mayors, Premiers, Presidents, boars members of SOEs, leading the most talented. 😳
6
15
35
@Ndala_Momane
Finance & economics
@Ndala_Momane
1 year
Can you take a question? Why do you think the tariff increases are as a result of Eskom being a monopoly? Do you know that liberalized energy costs, especially IPPs, are the biggest drivers of costs followed by private sector cost of debt?
6
17
34
@Ndala_Momane
Finance & economics
@Ndala_Momane
9 months
THERE IS NO BALLOONING PUBLIC SECTOR WAGE BILL. Data from MTBPS below shows a downward trend of public sector wage bill as a share of total expenditure.
Tweet media one
2
32
33
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
The curve is becoming flatter, we could be going completely flat next week. Let's keep things tight and clear @HealthZA , otherwise we might reverse the gains. @BulelaniPhillip says in Khayelitsha braai stands on the streets are coming back @vercingetorics @mailandguardian
Tweet media one
12
22
33
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
WC level 4 exponential growth is scary. Note: +25% of the cases are in Khayelitsha & Mitchells Plain. Now WC makes 58% (7798) of total ZA cases (13524). Nationally, worrying step change to 4 +cases per 100 past 5 days, surely WC is cause. @vercingetorics @senndebs
Tweet media one
Tweet media two
8
18
34
@Ndala_Momane
Finance & economics
@Ndala_Momane
2 years
If @MYANC can grow balls & decide to tell the SARB to purchase half ZAR dominated bonds, about R1.5 trillion. This can reduce interest payments drastically & create fiscal space for service delivery. But they choose to de-compaign themselves out of gov by keeping others happy.
6
16
35
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
@JJ_Stellies Prof Glenda Gray lied in 2020, an act that is unbecoming for her profession. She is the Prof who warned politicians back 1998 about HIV/AIDS, verodine mother to transmission. Fixed it.
6
3
30
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
Yesterday's number has turned the forecast to upward trajectory. We're no longer flattening. The number is coming from the largest test pool yet of 5678. This could be supporting the view that our numbers are low because of the backlog in testing. @vercingetorics
Tweet media one
6
32
33
@Ndala_Momane
Finance & economics
@Ndala_Momane
10 months
Similar to Transnet terminating 1064 contract with the Chinese to recoup some few millions only to lose the whole economy.
@News24
News24 🇿🇦
@News24
10 months
A municipality in Limpopo has failed to settle a minor payment dispute with a service provider and preferred to pay lawyers seven times more than the debt to defend the claim. The municipality paid just over R1.1 million to defend a claim of R175 000
278
543
900
6
16
30
@Ndala_Momane
Finance & economics
@Ndala_Momane
10 months
SARB rate hikes are definitely contributing to food inflation. Pick n pay pays 58% of its operating profits towards finance costs, Shoprite holdings: 29.7% Woolworths: 22.3% Let us stop this madness. Inflation is not a snake in the living room.
Tweet media one
5
22
31
@Ndala_Momane
Finance & economics
@Ndala_Momane
11 months
To strengthen democracy, the government Cyril decided to defund Statistics SA. 🤭
Tweet media one
5
30
33
@Ndala_Momane
Finance & economics
@Ndala_Momane
4 years
After 7 days in level 3, as expected, we still trending on level 4 expected path. This path sets us to reach +80k total cases before end of June, thus surpassing China. @vercingetorics @senndebs
Tweet media one
9
21
29
@Ndala_Momane
Finance & economics
@Ndala_Momane
1 year
To unseat the ANC, the middle class should pledge solidarity with the poor. In CoJ, CoT & Ekurhuleni, we should be demanding mass insourcing for all programs instead of creating millionaires from our rates. A win-win for both classes. Otherwise, R350 will always win.
1
18
33
@Ndala_Momane
Finance & economics
@Ndala_Momane
2 years
South Africans are a lucky bunch. A crook saved us from another crook in 2017. We have just been saved by another crook.
9
14
29
@Ndala_Momane
Finance & economics
@Ndala_Momane
10 months
"The problem is that SA labor laws are too rigid. We need to do away with minimum wage."
Tweet media one
@AsanteOnBoards
Asante Mokhuoa
@AsanteOnBoards
10 months
@101blackpower @BigDebateSA Check my previous posts. Posted it last week... -:
Tweet media one
14
34
224
5
36
31
@Ndala_Momane
Finance & economics
@Ndala_Momane
7 months
Lies lies lies. Before 2018 (Pravin era), Transnet needed no state guarantees & bonds were oversubscribed with adequate liquidity.
@Citywatcha
Glen Robbins
@Citywatcha
7 months
Transnet has spent well over a decade spending huge capital sums with extremely poor results. To “bail out” Transnet with more capital, without a much more substantial reform plan, would be to repeat the mistakes the failed bailouts of Eskom, SAA etc.
4
2
4
1
22
32
@Ndala_Momane
Finance & economics
@Ndala_Momane
2 years
Amazing.
Tweet media one
@KawsachunNews
Kawsachun News
@KawsachunNews
2 years
Neoliberalism vs. the Bolivian economic model The chart is from President Luis Arce's presentation at Yale University.
Tweet media one
7
257
873
1
14
28
@Ndala_Momane
Finance & economics
@Ndala_Momane
3 years
When we demand expansionary budget to stimulate this economy, we are told SA sovereign debt is too high. When Europe wants to add R130 billion to our sovereign debt, it is okay. Kanjani?
1
21
30