Showing posts with label financial crisis. Show all posts
Showing posts with label financial crisis. Show all posts

Wednesday, April 14, 2010

Biting The Bullet




Times are tough, there's no debating that, the economy is in crisis and we have to ensure that every penny is a well spent one. But how far would you go to provide for your family?

I find myself in a precarious predicament, as the food increases, as petrol goes up and as my child gets older, the expenses become a constant worry. I find myself watching a television programme and working out an internal budget. It's insane! So while chatting to a friend, who was kind enough to lend an ear, I started to realize that my situation was worse than I thought. Saying the words out loud, solidified the problem for me in my mind and I asked a question purely to see the reaction on her face, "Maybe I should get an evening job?" I paused and waited for the gasp and look of horror but she smiled and said, "If you get one, tell me where to look because I'll need one too."

I started to wonder if my pride was standing in the way of ensuring a brighter future for my family. I used to waitress, it was fun, when I was 18 but the more you progress in life the harder it is to go back to that place. Granted I'm only 24, it's still considered by many as a step backwards. What other option is there but to do whatever you can to take the pressure off in a time like this?

So as I scour the classifieds for a second job, I'd love to know what you guys are doing out there. Leave me a comment, Id love to hear your opinions on this matter.

Wednesday, June 24, 2009

Milking It...


The SABC is in trouble to the value of R800 million. The drama at the broadcaster has resulted in protests, board member resignation, copious amounts of media attention and finally, a plea to the government for a R2 billion bail out.

Scraping the bottom of the barrel for new, fresh, cost saving ideas, the SABC has apparently been circulating emails asking staff to use resources sparingly. In fact, they've been asked to use less milk in their tea and coffee.

Instantly, the word "desperate" comes to mind. I can't imagine that the message was met with cooperation from SABC staff members. They're quoted as saying that "SABC management has Nescafe Gold and biscuits."

The story inspired me to do a rough calculation...the cost of a litre of milk at the moment is anywhere between R8 and R12. Of that litre, its safe to say that you could get a generous tea/coffee serving of about 50ml's per cup, give or take. So that means that you'd get 20 servings out of 1 litre of milk. Let's double that number because we are in a recession so for goodness sake, use less milk. So say we're getting 40 servings of milk out of one litre and at let's say R10 per litre, each serving is costing the SABC 25 cents. That's Rands not Euros. So, essentially its safe to say that the SABC is looking at long term solutions to their financial crises. By saving on milk costs, the broadcaster should start to reap the rewards in a couple of hundred million cups of tea and coffee.

Fortunately, they have a short term solution too. That same email also warned employees that they will be charged for phone calls and internet usage if they exceed their monthly limit. So as a special shoutout for all the SABC staff...don't call us, we'll call you.

An anonymous employee at Die Burger says that these emails always address SABC staff as "First citizens," just like the old days of the Roman Empire.I had a quick look at the reasons behind the fall of the Roman Empire and the list went something like this...decadence, monetary trouble, leadership and (here's my favourite) "imperial incompetance." Need I say more?

Note to self, when in Rome, don't do as the Romans do. What's Latin for "one cup of black coffee, please?"

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