How Long Will South Africa Survive?: The Looming Crisis by RW Johnson

Author:RW Johnson
Language: eng
Format: mobi
Publisher: Jonathan Ball Publishers
Published: 2015-04-16T22:00:00+00:00

Despite this, the pressure on government exerted by the African bourgeoisie – the only Africans likely to have credit cards – is such that the government again opted to enforce this provenly disastrous policy. The current plan is to remove the names of the 1.6 million people blacklisted by credit bureaux, ‘many of whom are public servants’,245 although the banks are emphatic that this will reduce credit, increase the cost of credit and lead to even greater credit defaults in the future. Similarly, because so many public servants are subject to garnishee orders, the government has sought to ‘reform’ the garnishee order system. And the great sensitivity over e-tolling (electronic charging for highway usage) in Gauteng stems from the fact that so many public service workers have become car owners and are also stretched to the limit financially.

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