A response to Stanley Uys: Functional decay and its consequencies.
"The outgoing administration left in its wake escalating fiscal deficits, extraordinarily high levels of domestic indebtedness by the public sector, and an escalating share of the budget being directed to service interest expense" (Cyrus Rustomjee, 2006).
You will be forgiven if you think that this outgoing administration Rustomjee is talking about is that of Nelson Mandela as Dr du Plessis would like us to believe when he says that South Africa was already showing a state of decay when Thabo Mbeki took over as President of the Republic.
In truth, Rustomjee is talking about the apartheid government of FW de Klerk. During 1989-1993, South Africa's real GDP declined by 0.5 percent, 1 percent and 2 percent respectively (NB: these are not calendar years). South Africa's Debt to GDP was hovering around 50 percent by 1993. As if this is not enough, the Reserve Bank of South Africa recklessly taken a forward position on the US Dollar that resulted in a Net Open Forward Position (NOFP) of $16 billion (in today's money this amount is about $62 billion or R557 billion or about half of SA budget assuming 7 percent risk free).
In Rustomjee's words, "the new government inherited a country suffering enormous social and physical degradation that spanned every facet of social development, including the education system, housing, health provision and infrastructure, access to basic sanitation, access to clean water, and electrification". Of course, I don't expect Stanley Uys and Dr du Plessis to appreciate this because this degradation was only true to black life.
Perhaps, contrary to Dr du Plessis's views that the exodus of whites from the public sector post 1994 represented a brain drain, the exodus of whites from the public sector was a self-correction of the system to rid of the incompetent cohort that presided over the apartheid government that produced the results mentioned above. We must remember that to be white was enough to get a job in government pre-1994. To date, government and public entities are sitting with a cohort that still calls itself engineers, accountants despite not even having a Diploma thanks to apartheid government recruitment policy.