For your information the SACP does not go in for "regime change".
VC On 1 September 2011 07:53, <[email protected]> wrote: > Cde Sive > > Seems you are longing for ANC Disciplinary Committee, the word regime > change is only for COSATU and SACP. And able to defend themselves that they > are not substructures of the ANC. > > The should be constitutional amendments regarding Autonomy for Independence > with ANC political guidance if not so NGO's would lead like TAC does. ANCYL > should be given space to lead young people to attain its twin tasks. > > Vanguard! > > Sent from my BlackBerry® wireless device > ------------------------------ > *From: * [email protected] > *Sender: * [email protected] > *Date: *Thu, 1 Sep 2011 05:42:31 +0000 > *To: *<[email protected]> > *ReplyTo: * [email protected] > *Subject: *Re: [YCLSA Discussion] IMF: Swaziland crisis worsening > > This is very simple comrades. There must be a regime change and Mswati must > either by force or what. > > The will of the people has always been there but as well the romantic > relationship between our government that monarch is not assisting our fellow > brothers and sisters. > > Makasuswe Mswati qha... > > Sive > > > > > > > > Sent from my BlackBerry® wireless device > ------------------------------ > *From: * Dominic Tweedie <[email protected]> > *Sender: * [email protected] > *Date: *Thu, 01 Sep 2011 07:13:33 +0200 > *To: *<[email protected]> > *ReplyTo: * [email protected] > *Subject: *[YCLSA Discussion] IMF: Swaziland crisis worsening > > > [image: Business Day] > > > *Swaziland’s financial crisis is worsening - IMF * > ** ** > ** ** > *Ed Cropley, Business Day, Johannesburg, 1 September 2011 * > ** ** > THE fiscal crisis gripping Swaziland is deepening despite an emergency > R2,4bn loan from SA earlier this month, the International Monetary Fund > (IMF) said yesterday.**** > ** ** > An IMF delegation completed a two-week visit to Swaziland to investigate > whether it was doing enough to win the fund’s blessing to secure foreign > loans. Swaziland has failed several times to satisfy demands for greater > austerity.**** > ** ** > The IMF has now urged the government of Africa’s last absolute monarchy to > make further cuts to its bloated budget.**** > ** ** > It gave a candid assessment of reforms so far, saying the appointed > administration of King Mswati, who has a personal fortune estimated at > $200m, had missed several targets to cut a budget deficit of more than 14% > of gross domestic product (GDP).**** > ** ** > "The mission concurred with the authorities’ view that the government will > continue to face severe liquidity constraints over the coming months, > notwithstanding the recently announced R2,4bn loan from the South African > authorities," mission leader Joannes Mongardini said yesterday.**** > ** ** > "The mission advised the government to pass a supplementary budget to cut > expenditures, while preserving pro- poor spending, and strengthen > expenditure controls in order to restore fiscal sustainability," Mr > Mongardini said.**** > ** ** > The IMF, which has refused to lend money until Swaziland takes a hatchet to > its large public wage bill, also urged the government to pay back money > borrowed from the central bank, lest it jeopardise a one-to- one currency > peg with the rand.**** > ** ** > "Preserving the parity with the South African rand is of utmost priority," > Mr Mongardini said, adding that Swazi central bank reserves had dropped to > $554m, or 2,2 months of import cover, as of last Friday. Three months’ cover > is widely considered the minimum for a stable currency.**** > ** ** > Swaziland’s fiscal problems stem from a 2009 recession in SA that triggered > a collapse in revenue from the Southern Africa Customs Union that has > historically accounted for two-thirds of Swaziland’s budget.**** > ** ** > Its government has kept its head above water by using central bank reserves > and running up at least $180m in unpaid bills.**** > ** ** > Its efforts to cut public spending and raise taxes from a moribund economy > have met with little success.**** > ** ** > Public services have been slashed in recent months.**** > ** ** > The University of Swaziland failed to open on August 8 for the final > semester of the year and public hospitals have run out of medicines for > patients.**** > ** ** > "The mission observed that economic activity remains subdued and inflation > is on the rise," Mr Mongardini warned. "Electricity consumption, which can > be used as a coincident indicator of economic activity in the absence of > quarterly GDP data, declined in May while broad money growth remained > subdued in June."**** > ** ** > However, Swazi Finance Minister Majozi Sithole said the IMF targets were > unreasonable.**** > ** ** > "The IMF has certain targets of their own with a view to push us to do > certain things," he said. "We have no objection to that, but they had made > so many assumptions that are not reasonable. They are pushing certain things > that will probably cause more problems than answers."**** > ** ** > The budget crunch sparked unprecedented public protests against King > Mswati, who is accused of running the country as his personal fiefdom.**** > ** ** > Dissident groups inside and outside the country where political parties are > banned are hoping the cash crunch will force political change. Reuters, with > Sapa-AFP**** > ** ** > *From: http://www.businessday.co.za/articles/Content.aspx?id=152175* > * * > * * > * * > > -- > You are subscribed. This footer can help you. > Please POST your comments to [email protected] or reply to > this message. > You can visit the group WEB SITE at > http://groups.google.com/group/yclsa-eom-forum for different delivery > options, pages, files and membership. > To UNSUBSCRIBE, please email [email protected]. > You don't have to put anything in the "Subject:" field. You don't have to > put anything in the message part. All you have to do is to send an e-mail to > this address (repeat): [email protected] . > > -- > You are subscribed. 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