With the failure of rain and the effects on Agriculture,water supply and energy,I would be happy with 3%,but by the mere fact that that is the figure projected by our normally overoptimistic central bank,I think it will be around 2-2.5% which is abysmal for a country at our stage of development.
Labour pains are just a reaction to the high inflation,in a perfect world all wages should have by now got a 17-20% inflation adjustment,but I believe this is the year many employers opted to offer zero pay increases and blame it on the global financial crisis.
If we can fix,food production,pricing and distribution,guarantee uninterupted power and water supply,we can see 6% growth next year.
I've noticed the youth in particular coming in to a workplace with a completely outsized notion of their own value and importance... just a thinly-veiled arrogance. May be the credit crunch induced recession is whats needed to remind us all about the value of hard work.... By Anonymous
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins