Episode 3: Mzansi Capital (Part 1)

https://is1-ssl.mzstatic.com/image/thumb/Podcasts124/v4/ea/93/1a/ea931ac5-a2f0-db57-794f-622340cec310/mza_8028409702210965997.jpg/600x600bb.jpg

The Peoples' Colloquy

Anthony, Baholi, Nthato & Thabo

13 episodes

6 days ago

The People’s Colloquy is a podcast that aims to pierce through the fog around us with the high beam of good conversation. We live in trying times that require us to band together and challenge the structures that keep us isolated from one another, because together, we can dismantle the barriers and hurdles that keep our nation shackled. We resolve to leave the place in a better shape than we found it and deliver hope for the future so we can give our children something worth preserving.

Social Sciences

Science

RSS

All content for The Peoples' Colloquy is the property of Anthony, Baholi, Nthato & Thabo and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Social Sciences

Science

https://d3t3ozftmdmh3i.cloudfront.net/production/podcast_uploaded_nologo/8106921/8106921-1617779957024-252a3a0dedc2.jpg

Episode 3: Mzansi Capital (Part 1)

The Peoples' Colloquy

46 minutes 56 seconds

5 years ago

Episode 3: Mzansi Capital (Part 1)

Mzansi Capital Part 1

Late last year I came across something interesting on the BRCSA website: the average household income in South Africa. The amount was just under R12 000 a month 64% of households earn under R10 000 a month and only 5% of households over R40k. The figure surprised and grounded me as I imagined what kind of sacrifices would have to be made if our household income were to fall to that amount of resources, I immediately counted my blessings because it would not be enough to cut some luxuries it would take a seismic shift to adjust to that sort of reality. Misery needs company so I decided to do a little survey in the office. I asked everyone who was on duty at that time how much they thought the amount was. When the responses were compiled I revealed the actual figures and even the cynical one who basically said minimum wage R3500 x 2 = R7 000 was visibly taken aback by the actual amount. Only one person was close and most of the responses were way above the figure. Considering the cost of living in the urbanized areas of the country the 5% above 40k are mostly not living lives of cake, custard, caviar and 3 cars the high prices for medical aid, transport, accommodation, communication, education and all the rest means that careful budgeting, debt management and tight control over expenses are the order of the day high and low. With 64% of households under R10 000 it is easy to see why we face such socio-economic hardship. South African families are struggling financially before lockdown many people were already living on the edge of ruin. The situation has only worsened since I read the survey. We are going to discuss which, if any, method of reorganising our society and the economy is most suitable to deal with this mess. Credits: Music: LAKEY INSPIRED Track Name: "Blue Boi" Music By: LAKEY INSPIRED @ https://soundcloud.com/lakeyinspired Original upload HERE - https://www.youtube.com/watch?v=wAukv... Official "LAKEY INSPIRED" YouTube Channel HERE - https://www.youtube.com/channel/UCOmy... License for commercial use: Creative Commons Attribution 3.0 Unported "Share Alike" (CC BY-SA 3.0) License. Full License HERE - https://creativecommons.org/licenses/... Music promoted by NCM https://goo.gl/fh3rEJ Production: Sage

Links: BRCSA Survey: https://brcsa.org.za/establishment-survey-full-year-release-march-2020-release/

Socials: https://www.facebook.com/tpc.tpc.5496

Sage: https://www.youtube.com/channel/UCwfoB900rnr2Q7fOW_95-WA