Sometimes you have to ignore headlines and just focus on what you can see around you.
I’m busy crunching numbers on foreign shareholding in the JSE’s Top 40 companies. The resulting piece, based on data provided by TimBukOne.com, will be published later today. The headline is that during the first 10 months of 2015, foreign investors raised their shareholding in Corporate South Africa by a hefty R100bn.
Then, yesterday, I met yet another returned exile. This young executive, entrusted with an important project by a large company, is applying skills acquired during a decade abroad. She had risen to near the top of her particular tree, yet decided to return to home. Because, as she put it, Cape Town is a far better place to raise children than South London.
By many measures, South Africa remains a rather pleasant place to live. Active citizenry through holding those in power accountable, is the most efficient approach to ensure it stays that way.
From Biznews community member Bryan Griffiths
Most South Africans have nowhere to go or can’t afford to move or are maybe
just reluctant; after all such diaspora is heartbreaking for families and
friends. to So we have to be positive what else? But then clearly we must
protect what national and personal assets we have as we can hardly afford
to replace them let alone acquire new with the exchange rate as it is
trending now.We cannot survive like hyenas do ; at a kill each grabs what they can and
runs off in their own direction. Without leadership with matching
sentiments to ensure we all pull in the same direction we will lose
everything. Nearly 50m people pulling 360 degrees. Not surprising the $
strengthens when 300m people pull roughly in the same direction.
