Inflation ills and evils
Monday, May 16, 2022 | 320 Views |
Usually salary increases are met with euphoria, anger and inflation. Some are saying, however, a five percent increase is as useless as teats on a bull. For workers in the lower rung things couldn’t be redder- it’s like a tomato puree production factory. For them five percent is like a kick in the nuts from someone wearing steel-toed jackboots. When the calculations were done a few truths hit home – diets must be rationalised, lifestyles must be readjusted and small houses must be shed etc.
Whenever landlords hear about salary increases they lose their minds. Landlords usually follow salary negotiations with keen interest. Sometimes, in fact most times, people involved in salary negotiations are landlords. There’s always that invisible hand of a landlord trying to bump up the increment. Whilst they are officially representing workers they also double as landlord representatives. There’s a direct correlation between salary hikes and rental increases. They know that if they achieve the increment they will be smiling all the way to the Orange Money outlets or the bank. Rent now costs random new numbers that your landlord makes every few months.
As the new Umbrella for Democratic Change (UDC) government takes charge, it must act decisively to equip the Directorate on Corruption and Economic Crime (DCEC) with the tools, laws, and resources needed to combat graft. The time for half-measures is over. DCEC Director-General, Botlhale Makgekgenene’s, recent address to the Public Accounts Committee paints a stark picture. Over five years, leadership instability, chronic underfunding and weak...