First we lost assembly-line manufacturing, then the skilled trades like die cutting. Now science and engineering is going overseas too.
OUR Zimbabwean multinationals are driving this! They’re funding it with the capital gains and corporate tax cuts they got because they said they’d invest in creating jobs. Which they did. In Namibia. In South Africa.
What’s left? Financial, business, medical, cutting edge high-tech? Wait til the geniuses selling out Zimbabwe learn they have business schools in South Africa , too. Financial service expertise. Remember, South Africa has a big trade surplus. Invested somewhere other than in Zimbabwean bonds….Want a explanation of free trade? Tech job in Zimbabwe = $5,200. Same job in Namibia = $3,000. ZIM companies are free to to fire you and hire someone in Namibia . Your former company’s costs go down, their stock goes up, and you are free to go to work for $2.50 an hour with no benefits at Thomas Mickles Pick n Pay.
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