Steinhoff is like the last season of Game of Thrones, nobody talks about it

- Posted an operating loss of R10.5bn
- Only 13% of shareholders pitched up to the recent AGM
- Lost 98% of its value in 2.5 years
- Nobody went to jail
- SA remains top destination for unpunished crimes

- World& #39;s capital for femicide & GBV
- Rampant crime
- Mass unemployment
- Blatant corruption
- 12 years of load shedding
- Zero sign of leadership
- Drifting inevitably towards a failed state

Being patriotic isn& #39;t enough to retain top talent and people with transferable skills.

tHeY mUsT jUsT LeAVe SA

In a skills exodus, people hardest hit are ones who don& #39;t have the luxury to leave. It exacerbates the problem.

Previously the brain drain would be mostly white folks leaving but now it extends to top black talent.

There& #39;s little sign of a turnaround.

Every time there& #39;s corruption, value erosion (public & private side), fraud - it creates a ripple effect across time.

Someone always pays.

Higher taxes and job losses are the short-term impact. Longer term you end up leaving future generations with crippling debt and no chance

The tragedy is just a few years ago SA was the class leader for global corporate governance. Financial statements were flawless, director dealings were meticulous and being a CA(SA) was a badge of honour.

Now fraud & corruption as a national hobby extends to the private sector.