By Mike Smith
29th of February 2016
Followers of this blog will know that this country is balancing on a knife’s edge. Watching the violence spread on our university campuses shows us that the ultimate tipping point is near.
Over the weekend, The ANC youth league and its alliance partners, the EFF and Afriforum had a meeting to stop the violence, however it resulted in more veiled threats, with some openly calling for a war in South Africa and the ANCYL saying Calls for war in SA are shortsighted
"I don't think we want to be in a situation where we turn the country into a bloodbath, and that is starting to come out, one way or another," the youth league's deputy chairperson in Gauteng, Vuyo Mhaga, said.
"There's beginning to be a serious tension in South Africa. It might be easier for people who might not have engaged in war, to actually say that."
"You remember there was an Arab Spring [in Egypt], and the reality of the matter is that that Arab Spring remains in a winter. There is still chaos.”
"So it's easier to say, 'let's go in flames'. The reality of the matter is that when South Africa is in flames, we are not sure how long it will take us to basically come back."
If you want to know how close we are to a full blown civil war, always follow the money and watch what the banks are doing.
Last time we saw Barclays disinvest from South Africa is when they sold their interests in SA to Anglo American Corporation in 1986 creating First National Bank. It kicked off a series of interesting events.
The Rand fell and exchange control was instituted.
At the time South Africa was in a State of Emergency with a bloody racial civil war a strong possibility.
The British government (MI6) and the Rand Lords of Anglo American-De Beers, Consolidated Goldfields, et al intervened and started organizing a series of meetings between the ANC and so called “Afrikaner Academics” in Dakar, Switzerland and near Somerset in England.
A palace revolution in the National Party saw President P.W. Botha ousted by the more liberal elements of his party and the traitor F.W. de Klerk replacing him.
Shortly afterwards, Mandela was freed along with thousands of other terrorists. South Africa erupted into chaos with a Civil War between Inkatha and the ANC.
Then suddenly in 1994 the war stopped. Investment came back. South Africa won the Rugby World Cup in 1995 and Barclays came back. Ten years ago they invested into ABSA…however, now that the ANC is again stuffing up the country and the Rand is falling, Barclays is pulling out again.
Experts are fearing that it could kick off another series of divestments from other companies. This will lead to massive job losses. Could this be the tipping point to civil war?
Exactly 30 years after Barclays’ last divestment, Barclays is set to announce a R120bn divestment from SA on tomorrow, Tuesday 1st of March 2016
Falling rand means Barclays to lose £400m on decade-long Absa investment