I do belief the old 36-year old guest 🤣 has a solid point when he said the youth have to become more active in the voting space. And for that we need channels like yours Mike to invite OHM's leader to educate voters. You invited many other parties! Also Arise South Africa (Mpo Dagada) should be in your show as well!!!
@@mikesham3204 Kindly ask him about the crypto scheme and why he ran away from the interview on Carte Blanche. I`ve been tryna get his side on that issue, kindly award him that opportunity to clear the air on that, please!
I am happy, this is a worthy episode like any other. But this being different, I wish we could be allowed to subscribe again and and again. But we will hire the car from the sponsor 😂😂
Mike, I know you mean well which is why I gravitate towards your show at every opportunity I get. To your point about South Africans being receptive to accept the most outrageous of things to the dismay of foreign investors. You went ahead and made examples of the EFF's kill the Boer stance etc... What you neglected to mention is that South Africa has always been an abnormal country since it's formation as a union but the investors still came because the people that were affected negatively by South Africa being abnormal were mainly black. It is for this reason that I don't really care about foreign investors because they lack integrity and would go anywhere in the world to invest for as long as they are guaranteed a return in investment. In fact you do find foreign investors investing in the most chaotic of places in the world without a care about basic human rights etc which is why big corporations like Apple and Nike just to mention a few do their manufacturing in the Asian markets where human rights are loosely observed. Capitalism is about the exploitation of many to the maximum benefit of a few. It has nothing to do with morals or ethics like these foreign investors would have you believe in their mission statement etc... I love Mpho pops to bits but his political awareness is equivalent to that of an average grade 7 pupil at best.
You have proved the point that I am trying to make on the show. Investment is fickle and only happens when the investor is confident that they can not only make an investment, but also REALISE the investment by getting those profits. So we are in agreement there. However, just try to run a country without international trade and investment! Luckily we have proof that what happens to countries which are unable to attract international trade and investment. We just have to look at many countries to the north of South Africa or to North Korea as opposed to South Korea. You raise the issue of Apple and Nike but fail to mention the economic effects for the countries that they brought. You also fail to mention the economic problems that China is undergoing since they became a difficult country to work with. Growth in China has dropped to below 3% per annum after averaging 9% in the decade 2010 - 2019.
@@mikesham3204 Well played, I accept some of the points you have made. Let me remind you of the Mbeki 's presidential stint. Statistically the most investable period democratic South Africa has ever experienced. We ticked all the right boxes and the country was financially strong under the stewardship of Trevor Manuel as our financial minister at the time. I think we were growing at 4,5% GDP at the time and the currency was relatively stable and predictable which is ideal for investors. The 2008 financial meltdown in the US didn't help either but I think we were cushioned by the huge infrastructure program building up to the world cup. I think you would agree that the investment never really came as expected because I remember all the clever analysts at the time saying that we were under performing and should be growing at double figures. That for me at least was the time I realised that if South Africa was to really move the needle in as far as rapidly growing the economy, it simply cannot be left to international investors especially from the West. I would be interested in knowing how you can explain the rand tanking on the last 48hrs simply because of the prospects of Zuma returning to political prominence? Mind you the Rand didn't even flinch a month or so ago when local banks were accused of financial fowl play. It seems to me there is an orchestrated regime change program at play. Even Hellen Zille did mention in one of her interviews that the Rand would tank if election results were to favour EFF and some of the leftist movements. I was really uncomfortable with that. Every prosperous economy needs foreign investors, I completely understand that. It is however getting very uncomfortable when they start to want to influence regime change thus completely overriding the principles of democracy.
@@ronm4385 We look back at the Mbeki era as the golden time when in fact it was the tip of the iceberg of what could have been achieved. Remember that by the end of the Mandela era, we had already seen the ANC tolerance to corruption (Sarafina 2, Arms deal). We had also seen the start of cabinet bloating and poor appointments (Alec Erwin, a succession of poor Police Ministers). In addition, the state had begun to replace white executives at SOE's at scale, with unproven cadres, the response to which brought a blend of state interference and racism. Added to this was the PR disaster of the AIDS denialism and the cherry on top, the response to Zimbabwe and the embrace of Mugabe. There was also the specter of bad actors in the wings like Zuma, Yengeni, a younger Nzimande. All of the points above acted against SA attracting investors at scale. So what did Mbeki do right? He protected the finance department and Reserve Bank and kept the growing corruption industry to "acceptable" levels. The rand tanking is easy to explain. Malema does not appeal to the broader masses of South Africans who are far more conservative and respectful than he is, so he is not viewed as the same threat that Zuma is. Zuma also has almost messianic following among the Zulu nation which is truly frightening to investors and citizens alike. It is hard to imagine a critical mass of South Africans taking up arms for Malema but this is not the case for Zuma. In a crazy way, this is actually an acknowledgement of the popularity of Zuma and the potential for the growth of the MK party. The rand and the economy WOULD tank under the policies of the leftist movements. This is proven by the performance of Venezuela and Zimbabwe and to a lesser extent Cuba, although there are other issues at play. Money hates uncertainty and arbitrary rule changes. Debating property rights is like playing Russian roulette. There is a one in six chance that you won't get hurt, but would you take the chance? Investors will always try to influence outcomes which suit them. We have to understand this and deal with it. Russia will try to influence elections and so will China. In those cases it is for geopolitical gain. Why should we be uncomfortable when investors do it to protect their investments?
@@mikesham3204 So in essence what you are suggesting is that investors only do so when a potential investment destination does precisely what they want? I mean, where does it end? Countries like Venezuela and Zimbabwe to a large extent are victims of regime change by the West. Countries should be given the space and time for self determination. Even the system of democracy itself should never be shoved down their throats. Look at what a disaster that is Libya after the regime change by NATO. Afghanistan and Iraq are not fairing any better either. Coming back home, yes the ANC messed up royaly and they have reached their sell by date two elections ago. It was however very necessary for SOE's to be transformed, in hind sight it wasn't done the correct way in a sense that competent black executives were shunned at the gain of those whose intentions were untoward. It's actually not that they were grossly incompetent but their intentions were not pure as we have learnt during the Zondo commission. Sir, South Africa needs to change its economic trajectory. Having the country's means of production controlled by the minority demographic is simply unsustainable no matter what angle you look at it from. There is simply no commitment from the private sector to empower the main demographic in a meaningful way. The private sector is also complicit to the mass corruption at government level. They too have profited immensely from the mess in the SOE's. There needs to be a renewed commitment from the powers that be to reimagine South Africa. We needs to have a national agenda that we can all work towards no matter which party wins the elections. As for the EFF, well they do appeal to me in more ways than one but I simply cannot support their open border stance. I simply cannot reconcile with that. The DA is simply racist and as a result I cannot even give them an ear. My strong intuition is that the DA will underperform during the next election which will lead them to openly advocate for Cape independence. If you listen carefully to Steenguizen's latest rant about other parties contesting the DA in the Western Cape he has already laid the ground for at least an attempt at Cape Exit which will be defeated of course. So there's your arbitrary for the DA. I did vote for Action SA during the previous local elections. The more I listen to Herman Mashaba the more certain I get about NOT voting for them in the national elections. Not sure who is advising him but he really needs to his being an unapologetic capitalist. He really is tone deaf in the context of Africa that has lost so much in the name of capitalism. Capitalism is essentially a system of exploiting the masses at the gain of a few. Capitalism is being questioned even in the more mature democracies that we are trying to emulate. I am not suggesting that socialism is a way to go but I am not sure Herman understands these nuances as he talks about him being an unashamed capitalist completely unprovoked. About the EFF. Your analysis about the EFF is spot on. Their open border stance just will not wash with most South Africans. There does need to be a more open and ease of trade within the continent but one doesn't need to completely open borders for that to happen. As much as I hate to admit it, when it comes to policy framework. The ANC has no equal. Pity they are nothing but a criminal enterprise that is rotten to a point of no return.
@@ronm4385 Hi Ron, I am not suggesting that countries have to do everything that investors demand. Just about every economically successful country has its own characteristics and differences, however, the main policies align. Most "investor" countries were more than happy to invest in China despite their lack of democracy or human rights, but it was vital that property rights were protected. China violated this by stealing intellectual property. Imposed regime change never works because by definition, it is impossible to get local buy in. Your examples cannot be disputed. In my opinion, the failures of regime change in Libya, Iraq etc, were clouded by the experiences in Korea and Vietnam. In both of those cases, The US did not win the war, but by giving the South Koreans and Vietnamese sight of the free market system, they have turned into great successes. It was by accident and not by design. I agree with you on the need a national agenda. I believe that we could do this in quite an easy way. Let's agree which country we would want SA to emulate and then follow the steps that got that country there. In my opinion the country to emulate at the moment would be India and that began with the liberalisation of their economy in the early 1990s. In 30 years they have moved more than a half a billion people out of poverty since they ditched socialist policies. Another easy way to decide which system will work is to look at which countries young, qualified black South Africans are emigrating to. I doubt if it is on the African continent, Russia, China or Venezuela. That tells you a story. If I could offer you citizenship to any country other than SA, which country would it be? BE HONEST NOW The EFF is the one party that has said that it wants to emulate another country. In their manifesto they state that they want to be more like Venezuela and Cuba. If the EFF came to power, the taxation system would collapse and the discussion about all social programmes would be moot. The opening of the borders and the lack of property rights would ensure a collapse of the economy. A nationalised Reserve Bank would print money and we would have hyper inflation. The country would grind to a halt due to the price of fuel alone. Remember that Zimbabweans could come to South Africa, where would we go? John Steenhuisen is the only party leader that will not speak to me, other than Cyril, who want speak to anyone and Malema who cancelled his interview with me at the last minute. I am very critical of the DA because they have blown a golden opportunity. There is a lot of talent in some of the newer parties.
Can you Mr Mike Sham call the President of the EFF or any top leader of the EFF to come and speak for themselves. You gave all other leaders a chance but you never gave the EFF but you always bash the EFF unprovoked. Please give EFF the right of reply.
We had an interview arranged with Julius Malema. He cancelled an hour before the scheduled time and I have not been successful in getting another interview date from him. 🤷♂
If you weren't getting the service you pay for from your cell phone provider, would you just shrug your shoulders, or would you op to change your provider? Come on, it's a no-brainer.. Give a party that has track record.. join their pages and see what they do in communities
I think Popps is cooking with those conspiracy theories Mike I like your content but it seems like you have a vendetta against the EFF every episode without fail you mention them in a negative way, not that I'm a supporter but its too much now Also EFF must just come on the show, I know you have tried to invite them
I like this podcast, but I don't understand why Mike makes it his mission or the podcasts mission to bash the EFF. He takes a swipe in the EFF every chance he gets
All South Africans need to understand what would happen if the EFF's policies were implemented. I don't want to be the guy who knew the disaster that these policies would bring and said nothing.
This was a great episode. The guest sounds very practical, fair and engaging. Bring him on again.
Fantasic podcast, popcorn and cheese - I'll definatly add to my watch list, thumbs up
I do belief the old 36-year old guest 🤣 has a solid point when he said the youth have to become more active in the voting space. And for that we need channels like yours Mike to invite OHM's leader to educate voters.
You invited many other parties! Also Arise South Africa (Mpo Dagada) should be in your show as well!!!
I will invite him!
@@mikesham3204 Kindly ask him about the crypto scheme and why he ran away from the interview on Carte Blanche. I`ve been tryna get his side on that issue, kindly award him that opportunity to clear the air on that, please!
Very well done this podcast is to good 😮
Informative instructive inspiring all the time
I am happy, this is a worthy episode like any other. But this being different, I wish we could be allowed to subscribe again and and again. But we will hire the car from the sponsor 😂😂
Dont know if it's just me, but the sound has been low in the past videos
Hi June we will make sure its louder for the next one
Mpho you are on point with your conspiracy theory, it's the monopoly, 🔥🔥 big up
Here because of Mpho Popps
Very interesting & entertaining
Glad you enjoyed it
Mike, I know you mean well which is why I gravitate towards your show at every opportunity I get. To your point about South Africans being receptive to accept the most outrageous of things to the dismay of foreign investors. You went ahead and made examples of the EFF's kill the Boer stance etc... What you neglected to mention is that South Africa has always been an abnormal country since it's formation as a union but the investors still came because the people that were affected negatively by South Africa being abnormal were mainly black.
It is for this reason that I don't really care about foreign investors because they lack integrity and would go anywhere in the world to invest for as long as they are guaranteed a return in investment. In fact you do find foreign investors investing in the most chaotic of places in the world without a care about basic human rights etc which is why big corporations like Apple and Nike just to mention a few do their manufacturing in the Asian markets where human rights are loosely observed. Capitalism is about the exploitation of many to the maximum benefit of a few. It has nothing to do with morals or ethics like these foreign investors would have you believe in their mission statement etc...
I love Mpho pops to bits but his political awareness is equivalent to that of an average grade 7 pupil at best.
You have proved the point that I am trying to make on the show. Investment is fickle and only happens when the investor is confident that they can not only make an investment, but also REALISE the investment by getting those profits. So we are in agreement there.
However, just try to run a country without international trade and investment!
Luckily we have proof that what happens to countries which are unable to attract international trade and investment. We just have to look at many countries to the north of South Africa or to North Korea as opposed to South Korea.
You raise the issue of Apple and Nike but fail to mention the economic effects for the countries that they brought. You also fail to mention the economic problems that China is undergoing since they became a difficult country to work with. Growth in China has dropped to below 3% per annum after averaging 9% in the decade 2010 - 2019.
@@mikesham3204 Well played, I accept some of the points you have made. Let me remind you of the Mbeki 's presidential stint. Statistically the most investable period democratic South Africa has ever experienced. We ticked all the right boxes and the country was financially strong under the stewardship of Trevor Manuel as our financial minister at the time. I think we were growing at 4,5% GDP at the time and the currency was relatively stable and predictable which is ideal for investors. The 2008 financial meltdown in the US didn't help either but I think we were cushioned by the huge infrastructure program building up to the world cup. I think you would agree that the investment never really came as expected because I remember all the clever analysts at the time saying that we were under performing and should be growing at double figures. That for me at least was the time I realised that if South Africa was to really move the needle in as far as rapidly growing the economy, it simply cannot be left to international investors especially from the West.
I would be interested in knowing how you can explain the rand tanking on the last 48hrs simply because of the prospects of Zuma returning to political prominence? Mind you the Rand didn't even flinch a month or so ago when local banks were accused of financial fowl play. It seems to me there is an orchestrated regime change program at play. Even Hellen Zille did mention in one of her interviews that the Rand would tank if election results were to favour EFF and some of the leftist movements. I was really uncomfortable with that.
Every prosperous economy needs foreign investors, I completely understand that. It is however getting very uncomfortable when they start to want to influence regime change thus completely overriding the principles of democracy.
@@ronm4385 We look back at the Mbeki era as the golden time when in fact it was the tip of the iceberg of what could have been achieved. Remember that by the end of the Mandela era, we had already seen the ANC tolerance to corruption (Sarafina 2, Arms deal). We had also seen the start of cabinet bloating and poor appointments (Alec Erwin, a succession of poor Police Ministers). In addition, the state had begun to replace white executives at SOE's at scale, with unproven cadres, the response to which brought a blend of state interference and racism. Added to this was the PR disaster of the AIDS denialism and the cherry on top, the response to Zimbabwe and the embrace of Mugabe. There was also the specter of bad actors in the wings like Zuma, Yengeni, a younger Nzimande.
All of the points above acted against SA attracting investors at scale. So what did Mbeki do right? He protected the finance department and Reserve Bank and kept the growing corruption industry to "acceptable" levels.
The rand tanking is easy to explain. Malema does not appeal to the broader masses of South Africans who are far more conservative and respectful than he is, so he is not viewed as the same threat that Zuma is. Zuma also has almost messianic following among the Zulu nation which is truly frightening to investors and citizens alike. It is hard to imagine a critical mass of South Africans taking up arms for Malema but this is not the case for Zuma. In a crazy way, this is actually an acknowledgement of the popularity of Zuma and the potential for the growth of the MK party.
The rand and the economy WOULD tank under the policies of the leftist movements. This is proven by the performance of Venezuela and Zimbabwe and to a lesser extent Cuba, although there are other issues at play. Money hates uncertainty and arbitrary rule changes. Debating property rights is like playing Russian roulette. There is a one in six chance that you won't get hurt, but would you take the chance?
Investors will always try to influence outcomes which suit them. We have to understand this and deal with it. Russia will try to influence elections and so will China. In those cases it is for geopolitical gain. Why should we be uncomfortable when investors do it to protect their investments?
@@mikesham3204 So in essence what you are suggesting is that investors only do so when a potential investment destination does precisely what they want? I mean, where does it end? Countries like Venezuela and Zimbabwe to a large extent are victims of regime change by the West. Countries should be given the space and time for self determination. Even the system of democracy itself should never be shoved down their throats. Look at what a disaster that is Libya after the regime change by NATO. Afghanistan and Iraq are not fairing any better either.
Coming back home, yes the ANC messed up royaly and they have reached their sell by date two elections ago. It was however very necessary for SOE's to be transformed, in hind sight it wasn't done the correct way in a sense that competent black executives were shunned at the gain of those whose intentions were untoward. It's actually not that they were grossly incompetent but their intentions were not pure as we have learnt during the Zondo commission.
Sir, South Africa needs to change its economic trajectory. Having the country's means of production controlled by the minority demographic is simply unsustainable no matter what angle you look at it from. There is simply no commitment from the private sector to empower the main demographic in a meaningful way. The private sector is also complicit to the mass corruption at government level. They too have profited immensely from the mess in the SOE's.
There needs to be a renewed commitment from the powers that be to reimagine South Africa. We needs to have a national agenda that we can all work towards no matter which party wins the elections.
As for the EFF, well they do appeal to me in more ways than one but I simply cannot support their open border stance. I simply cannot reconcile with that. The DA is simply racist and as a result I cannot even give them an ear. My strong intuition is that the DA will underperform during the next election which will lead them to openly advocate for Cape independence. If you listen carefully to Steenguizen's latest rant about other parties contesting the DA in the Western Cape he has already laid the ground for at least an attempt at Cape Exit which will be defeated of course. So there's your arbitrary for the DA.
I did vote for Action SA during the previous local elections. The more I listen to Herman Mashaba the more certain I get about NOT voting for them in the national elections. Not sure who is advising him but he really needs to his being an unapologetic capitalist. He really is tone deaf in the context of Africa that has lost so much in the name of capitalism. Capitalism is essentially a system of exploiting the masses at the gain of a few. Capitalism is being questioned even in the more mature democracies that we are trying to emulate. I am not suggesting that socialism is a way to go but I am not sure Herman understands these nuances as he talks about him being an unashamed capitalist completely unprovoked.
About the EFF. Your analysis about the EFF is spot on. Their open border stance just will not wash with most South Africans. There does need to be a more open and ease of trade within the continent but one doesn't need to completely open borders for that to happen.
As much as I hate to admit it, when it comes to policy framework. The ANC has no equal. Pity they are nothing but a criminal enterprise that is rotten to a point of no return.
@@ronm4385 Hi Ron, I am not suggesting that countries have to do everything that investors demand. Just about every economically successful country has its own characteristics and differences, however, the main policies align. Most "investor" countries were more than happy to invest in China despite their lack of democracy or human rights, but it was vital that property rights were protected. China violated this by stealing intellectual property.
Imposed regime change never works because by definition, it is impossible to get local buy in. Your examples cannot be disputed. In my opinion, the failures of regime change in Libya, Iraq etc, were clouded by the experiences in Korea and Vietnam. In both of those cases, The US did not win the war, but by giving the South Koreans and Vietnamese sight of the free market system, they have turned into great successes. It was by accident and not by design.
I agree with you on the need a national agenda. I believe that we could do this in quite an easy way. Let's agree which country we would want SA to emulate and then follow the steps that got that country there. In my opinion the country to emulate at the moment would be India and that began with the liberalisation of their economy in the early 1990s. In 30 years they have moved more than a half a billion people out of poverty since they ditched socialist policies.
Another easy way to decide which system will work is to look at which countries young, qualified black South Africans are emigrating to. I doubt if it is on the African continent, Russia, China or Venezuela. That tells you a story. If I could offer you citizenship to any country other than SA, which country would it be? BE HONEST NOW
The EFF is the one party that has said that it wants to emulate another country. In their manifesto they state that they want to be more like Venezuela and Cuba. If the EFF came to power, the taxation system would collapse and the discussion about all social programmes would be moot. The opening of the borders and the lack of property rights would ensure a collapse of the economy. A nationalised Reserve Bank would print money and we would have hyper inflation. The country would grind to a halt due to the price of fuel alone. Remember that Zimbabweans could come to South Africa, where would we go?
John Steenhuisen is the only party leader that will not speak to me, other than Cyril, who want speak to anyone and Malema who cancelled his interview with me at the last minute. I am very critical of the DA because they have blown a golden opportunity. There is a lot of talent in some of the newer parties.
I am more than certain that Julius Malema and EFF are a constant feature in this host's Head🤣🤣🤣 Juju really gives this guy nightmares.
😂, he can't help himself seriously. Kore if he doesn't bash EFF he doesn't feel well
🤣
You are correct!
He should be because he is thinking ahead and the future of this country... you should too
Juli ASS is not the way forward
@@mikesham3204 🤣🤣😂😂😂 im dead
Who isnt concerned about the EFF'S stance in SA? If not at yr own peril.
Expropriation of land for EQUAL redistribution. What is concerning about that?
@@nkazimulomthembu9270 It depends on who gets to do the redistribution and how often they do the redistribution.
Can you Mr Mike Sham call the President of the EFF or any top leader of the EFF to come and speak for themselves. You gave all other leaders a chance but you never gave the EFF but you always bash the EFF unprovoked. Please give EFF the right of reply.
We had an interview arranged with Julius Malema. He cancelled an hour before the scheduled time and I have not been successful in getting another interview date from him. 🤷♂
Mike EFF and MK gives you nightmares
@sibongilechakela4468 I agree with you I mean he cannot even make a random example, always goes for the land expropriation example 🥱
And the light bulb ???? 😂
It goes on every time we have a good idea!
Mpho Pops, kgathe o le Model C so. Ge o bolelo le bo darkie ga o jumpise mara ge o intervie-a ke makgowa re bona gore o le bujwa 😂
Musi Maimane too. He twang when he is talking to the white audience
If you weren't getting the service you pay for from your cell phone provider, would you just shrug your shoulders, or would you op to change your provider? Come on, it's a no-brainer..
Give a party that has track record.. join their pages and see what they do in communities
Pace has good taste, Mike
I think Popps is cooking with those conspiracy theories
Mike I like your content but it seems like you have a vendetta against the EFF every episode without fail you mention them in a negative way, not that I'm a supporter but its too much now
Also EFF must just come on the show, I know you have tried to invite them
I like this podcast, but I don't understand why Mike makes it his mission or the podcasts mission to bash the EFF. He takes a swipe in the EFF every chance he gets
All South Africans need to understand what would happen if the EFF's policies were implemented. I don't want to be the guy who knew the disaster that these policies would bring and said nothing.