WARNING: This is Version 1 of my old archive, so Photos will NOT work and many links will NOT work. But you can find articles by searching on the Titles. There is a lot of information in this archive. Use the SEARCH BAR at the top right. Prior to December 2012; I was a pro-Christian type of Conservative. I was unaware of the mass of Jewish lies in history, especially the lies regarding WW2 and Hitler. So in here you will find pro-Jewish and pro-Israel material. I was definitely WRONG about the Boeremag and Janusz Walus. They were for real.
Original Post Date: 2008-02-03 Time: 00:00:00 Posted By: Adriana
Rapport newspaper notes in a front-page story on February 3 2008 that foreign investors have been dumping their shares on the Johannesburg Stock Exchange to the tune of R5-billion last week alone.
And bonds are also being offloaded by foreign investors at a massive rate — thus far R12,25-billion were sold by foreign investors over the past twelve months.
Foreign investors are clearly rapidly losing faith in the long-term growth possibilities of the South African economy due to the growing electricity crisis.
Dr. Elna Moolman, economist at BJM, said the biggest effect of SA’s power shortages will be this loss of trust from foreign investors.
“If the electricity shortages are seen to be substantial and long-lasting, it can have a very real influence on future growth.
“This will discourage foreign investments and thus can also have a very negative effect on the Rand’s exchange rate.’
MRS MOOLMAN:
http://www.news24.com/Images/Photos/20080202164514elna.jpg
David Galloway, strategist and senior portfolio-manager at SMMI, said the outflow of foreign investment funds due to the power-crisis was also seen in the massive dumping of bonds.
In December alone, R5,8-billion in bonds were sold by foreign investors — and thus far these past twelve months, a whopping R12,25-billion has left South Africa as foreign investors were withdrawing their investments from the country.
READ THE ENTIRE STORY HERE, IN AFRIKAANS:
http://www.news24.com/Rapport/Sake-Rapport/0,,752-803_2263425,00.html
Source: http://www.news24.com/Rapport/Sake-Rapport/0,,752-803_2263425,00.html