ipl-logo

Essay About Zuma

932 Words4 Pages

Good Day Ladies and gentlemen. I am sure you have all noticed the increase in the rand strength, the rand sitting at R11.57 to the dollar on February the 24th. I am sure we all know the reason why, Zuma’s resignation. “It can be argued that charges stacked against Zuma such as Rape, racketeering and corruption deemed him an already financially risky president, this causing foreign investors to invest less or stop investing at all. Zuma’s unhealthy relationship with the infamous Gupta family has also caused investor confidence and economic stability to take a knock” – Nica Schreuder. Zuma took South Africa down to Junk status in a matter of years. Even recently his decision of free tertiary education resulted in a weaker rand. When the announcement …show more content…

Zuma has had a huge negative impact on South Africa. However, this years political shakeups have proved to be a bit better for the already fragile rand. After Cyril Ramaphosa was elected the new ANC president at the start of this year, the rand immediately improved by almost 4% against the dollar, and after Zuma resigned the rand continued to improve. This is good for businesses as the economy has improved meaning the cost of imported goods has decreased, meaning that the business is making more profits and so paying more tax and so improving the economy. Hopefully soon the prices of products will go down allowing businesses to drop their prices a little, and so let the cost of living decrease which in turn will help people pay off their debts and give people the ability to afford to buy products that they usually would not be able to. This in turn will bring more profits to the business and so the cycle will

Show More
Related

  • Robber Barons In The Gilded Age

    203 Words  | 1 Pages

    The charge about the old days of the American economy—the nineteenth century, the “Gilded Age,” the era of the “robber barons”—was that it was always beset by a cycle of boom and bust. Whatever nice runs of expansion and opportunity that did come, they always seemed to be coupled with a pretty cataclysmic depression right around the corner. Boom and bust, boom and bust—this was the necessary pattern of the American economy in its primitive state. In the US, in the modern era, all this was smoothed out.

    Read More

  • Essay On Malcolm X

    899 Words  | 4 Pages

    “Peace cannot be achieved through violence, it can only be attained through understanding,” said Ralph Waldo Emerson, an American poet. In our society, many consider violence as mostly inappropriate and childish. The reason being is as humans we should be capable of discussing and compromising when an obstacle is present, however many argue that that is not an option in certain situations. We can look back at 1950s-1960s, where racism loomed over in the south aimed at mostly at American Americans. Boycotts and lynchings were a popular occurrence from town to town which both the state and federal government showed minimal efforts to prevent.

    Read More

  • Henry Paulson Great Depression Summary

    438 Words  | 2 Pages

    Everyone, from gas station attendants to corporate CEOs are talking authoritatively about great depressions, cutting costs and spending, and general doom and gloom. And its a self fulfilling prophesy. If people think there will be a depression, and change their behaviors accordingly, there will be. What we need now is for Henry Paulson to shut up and go about the business of stabilizing the economy quietly.

    Read More

  • Mansa Musa Dbq Essay

    377 Words  | 2 Pages

    Mansa Musa Mansa Musa was a great and very wealthy leader of Mali. He is considered to be the greatest leader that Mali has ever had. But when Mansa Musa journeyed to Mecca with 60,000 other people, was it strictly for religion, or were there other motives for his journey? Clearly, he wanted to go not just for religion. There were other motivating factors.

    Read More

  • Black History In Schools Essay

    738 Words  | 3 Pages

    How much of American history do you know? Black history is a part of America’s history, but why is it not deeply taught in schools? In schools we often talk about white American leaders or wars America has won, but not much history of other cultures in America. We may hear a little information about certain minority leaders who fought for a change, but not much facts. If today’s youth aren’t being taught about the thing’s their ancestors have gone through and all the things that has happened and why, many will grow up ignorant.

    Read More

  • The Importance Of Life During The Great Depression

    883 Words  | 4 Pages

    The GDP in the United States went up by 9 percent every year till it gradually got higher and higher. The New deal let the country build more dams and hydroelectric projects creating a lot more jobs for a lot of people around the United States. This whole project created jobs for about 8.5 million people in the United States. This helps so much getting our country back on our feet. “ A Sharp Recession hit in 1937 caused in part by the Federal Reserve’s decision to increase its requirements for money in reserve.”

    Read More

  • Raza Unida Essay

    621 Words  | 3 Pages

    The Raza Unida Party or otherwise known as RUP was first established as a third political party in Crystal City, Texas, in January, of 1970. It started off at a meeting that contained about 300 Mexican Americans. As an alternative to the two-party system in Texas, Raza Unida pursued social, economic, and political self-determination for Chicanos, other minorities, and the disenfranchised through local and, later, state politics. When they first started out they came about around the county, local, and school district elections in south Texas. They also ended up winning city council elections in Cotulla, Carrizo Springs, and Crystal City in April 1970.

    Read More

  • Sepia Apama Essay

    732 Words  | 3 Pages

    Australian Giant Cuttlefish are in the following taxons, being ordered largest to smallest, Animalia, Mollusca, Cephalopoda, Sepioloida,Sepiidae,Sepia, lastly Apama. Their scientific name is, Sepia apama coming from their genus and species. Sepia apama is found about 100 meters under water around the southern coasts of Australia and Tanzania, in the seagrass beds of these coastal waters. Sepia apama typically eat small like crabs organisms called, crustaceans, and small fish. Sepia apama has predators in its own environment and hides from predators in an unusual way.

    Read More

  • Why Is The Harlem Renaissance So Important To The Formation Of The Modern Period?

    891 Words  | 4 Pages

    Throughout the years, numerous talented artists of the modern period have left an indelible mark upon life through their achievements in: art, music, poetry and writing. The modern period was known for its ravishing fashion, a tremendous amount of new cultures, and in music and ethnicity. During this period, famous authors such as W.B. Yeats, Seamus Heaney, and Dylan Thomas made an immense impact and maturation of literature. There have been several events that have taken place in the forming of the modern period. The Harlem Renaissance showed the pain and agony the African Americas faced through the years of the 1900s.

    Read More

  • Essay On African Slavery

    531 Words  | 3 Pages

    How big of impact could slavery have done to Africa at least that’s what they said? The slave trade had huge and horrible impact on Africa because it resulted in a tremendous loss of life, Africa has not developed economically as a result of the Slave trade, and Africa still suffers and is unable to provide food and water for its people. Africa had a huge loss of people but to be exact “nearly 90 percent of the Africans in these two major regions came from only four zones in Africa. ”(“The Transatlantic Slave Trade”, para 48) all had to go even against their will 10 million enslaved men, women, and children from West and East Africa to North Africa, the Middle East, and India.

    Read More

  • Derrick Jensen's 'Beyond Hope'

    565 Words  | 3 Pages

    In the economy, we have a false hope that somehow, suddenly, the system will change inexplicably. We hope that new found technology will save us and the environment. Or maybe even a “greater being” will make everything whole again. With all these false hopes, there are no results, because hope is a mere longing for betterment, in which you have no agency, making one powerless. With hope, you are only wishing for a better end.

    Read More

  • Essay On African American Slavery

    667 Words  | 3 Pages

    Slavery Slavery was a life changing, horrific, and difficult time for the African Americans. They went through several trials daily. They came to America in 1619. Slavery became popular in the American colonies during the 18th century when slavery began to become well known and taken for granted. Slaves worked on tobacco,rice,cotton, and indigo plantations.

    Read More

  • African Diaspora Essay

    1404 Words  | 6 Pages

    Kacie Lee 1/14/17 Tomasetti AP World P.6 ID #16 1. African Diaspora (428-430) The African Diaspora was the dispersion of Africans and their kin. The majority of African slaves went to plantations in the western hemisphere.

    Read More

  • Apartheid In South Africa Essay

    1308 Words  | 6 Pages

    The Apartheid legislation started in 1948, when the National Party (NP) took reign in South Africa (SA) and this all-white government immediately began enforcing existing policies of racial segregation. The majority, non-white SAns were forced to live in separate areas from whites. Opposition to this was consistently strong within and outside of SA, but its laws remained in effect for almost 50 years. Resistance to apartheid emanated through non-violent demonstrations, protests, strikes, political action and finally in armed resistance. In the black township of Sharpeville, in 1960, police opened fire on a group of unarmed blacks, when the group arrived at the police station without passes, inviting arrest as an act of resistance.

    Read More

  • Essay On Apartheid In South Africa

    796 Words  | 4 Pages

    Apartheid The unbelievable crimes that have occurred in South Africa are horrific. The fight for freedom and democracy has cost many innocent lives and harm to almost all black South Africans. Apartheid was the policy of segregation or discrimination or ground of race. Even though the fight has come a long way it is not over yet. It all started in 1948, when the government of South Africa introduced new laws putting a fine line between black and white.

    Read More

More about Essay About Zuma

Open Document