Zamandlovu NdlovušŸ’‰šŸ˜· Profile picture
columnist. Fervid. she/her. Bylines (ready?) M&G, Fin24, The Times, Sowetan, News24, ZANews, Marie Claire, Cosmo, OkayAfrica, Business Day, The Monitor.
MaksšŸ‡æšŸ‡¦ KHOSIREIGNS ~FORCEFULLY ADVANCINGšŸ‘½ Profile picture Joe Mabena Profile picture 2 subscribed
Dec 28, 2021 ā€¢ 7 tweets ā€¢ 2 min read
A very short thread for those whose NY resolution is to get their finances in a better place.

I did 4 simple things this year that really changed things for me. 1. I started using the @22seven app religiously. I have a single view of every single financial product I have. My monthly budget is there and because it tracks purchases across accounts, I canā€™t lie to myself about my spending. In related news, I have an Uber Eats problem.
Dec 16, 2021 ā€¢ 7 tweets ā€¢ 2 min read
I need you guys to take a short course in probability theory. The most common finding in youth transitions literature is that transitions are longer and more complex. Itā€™s true that young people across the board are struggling more than any modern generation before them. But there is absolutely no question that educated young people +
Nov 21, 2020 ā€¢ 5 tweets ā€¢ 1 min read
I read the Fitch statement (I think) and my reading of it was the frustration the agency had with gov not meeting itā€™s own self-defined targets for fiscal consolidation. Itā€™s not all ā€˜wasted 9 yearsā€™. A lot of the feedback is that the agencies donā€™t believe in the current action. If everything about the ratings announcement was backward-looking weā€™d know the rating and not need to wait till midnight for statements. Agencies are looking for progress, and they are saying they canā€™t see it.
Nov 21, 2020 ā€¢ 4 tweets ā€¢ 1 min read
Accountability is not demonising. The problem when you choose sides instead of choosing the principle is that when itā€™s NT or SARB it becomes an attack and when itā€™s departments you donā€™t like it becomes accountability. These are constitutional mandates we are talking about. National finances are political and political principal must take responsibility, regardless of how friendly yā€™all are with him.
Aug 14, 2020 ā€¢ 10 tweets ā€¢ 2 min read
Many of you will never understand how much of a Grootman Broke My Heart story this Brian Molefe saga has been. Brian Molefe was the blue-eyed boy of the ANC. First, as the technocrat star of the pre-2007 administration and Zuma administration. He could do no wrong.
Jan 11, 2020 ā€¢ 6 tweets ā€¢ 2 min read
10 years ago, we were complaining about growing at 3% (China grew by 10+% in 2010, Brazil 7.5%, Nigeria close to 8%). We were underachieving because of Eskom.

Now, same problem but growth projections are at 0.9% because problems that donā€™t get fixed evolve and get worse. In the meantime, since SA first experienced power shortages, the economyā€™s structure has changed. Industries that hire unskilled and semi-skilled people are typically energy-intensive primary and tertiary sector industries. Canā€™t build factories without power.
Dec 29, 2019 ā€¢ 16 tweets ā€¢ 3 min read
Youth unemployment is 100% a structural issue, however, graduates not being taught entrepreneurship is not the problem. That narrative adds to the overall pitch that young people must solve a problem they didnā€™t create. Iā€™m going try explain something that Iā€™ve been trying to understand for three years. Bear with me if itā€™s confusing.

We are all taught that the banking sectorā€™s role in society is to coordinate excess funds with demand for funds, largely for commerce or ā€˜the real economyā€™.