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$4.3B IMF Loan to RSA to end hunting industry?
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Picture of Austin Hunter
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Has anyone read the provisions in the IMF load package proposal just announced? Looks like it would end the hunting industry in RSA? Is this true?


"Evil is powerless if the good are unafraid" -- Ronald Reagan

"Ignorance of The People gives strength to totalitarians."

Want to make just about anything work better? Keep the government as far away from it as possible, then step back and behold the wonderment and goodness.
 
Posts: 3083 | Location: Austin, Texas | Registered: 05 April 2006Reply With Quote
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I found a link here:

https://theconversation.com/th...tial-pitfalls-143553

It says:
 What restrictions are there on the government’s ability to use the money?
The IMF loan does not impose any conditions over and above what is in South African law on how the funds can be used. Consequently, the funds will be subject to the same procurement and accounting requirements as all other budgetary expenditure. 
 
Posts: 1083 | Location: Southern CA | Registered: 01 January 2014Reply With Quote
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Nothing that I can find that relates to hunting:
https://www.imf.org/en/Publica...-Release-Staff-49612
 
Posts: 991 | Location: AL | Registered: 13 January 2003Reply With Quote
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I can't find the whole document, only an excerpt from a post that a reliable South African acquaintance (now living in the US) posted on FB as evidence in the loan agreement restricting hunting. I have to say, though, that the high level requirements for the loan are very free market. So not sure why something like this would be in there. Maybe bad info? Thus why I'm asking. Here's a link the excerpt. https://photos.app.goo.gl/D4J18xcPbnXzNV66A


"Evil is powerless if the good are unafraid" -- Ronald Reagan

"Ignorance of The People gives strength to totalitarians."

Want to make just about anything work better? Keep the government as far away from it as possible, then step back and behold the wonderment and goodness.
 
Posts: 3083 | Location: Austin, Texas | Registered: 05 April 2006Reply With Quote
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I have been told by multiple folks that the IMF and agreements there is why Kenya is so steadfastly not hunting.
 
Posts: 11205 | Location: Minnesota USA | Registered: 15 June 2007Reply With Quote
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Why would that surprise us at all
Too many misguided do gooders ready to run over dead bodies


" Until the day breaks and the nights shadows flee away " Big ivory for my pillow and 2.5% of Neanderthal DNA flowing thru my veins.
When I'm ready to go, pack a bag of gunpowder up my ass and strike a fire to my pecker, until I squeal like a boar.
Yours truly , Milan The Boarkiller - World according to Milan
PS I have big boar on my floor...but it ain't dead, just scared to move...

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Posts: 13376 | Location: In mountains behind my house hunting or drinking beer in Blacksmith Brewery in Stevensville MT or holed up in Lochsa | Registered: 27 December 2012Reply With Quote
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quote:
Originally posted by crbutler:
I have been told by multiple folks that the IMF and agreements there is why Kenya is so steadfastly not hunting.


Yes, 100% and that dates back to our ex Sec. of Defense Robert Strange McNamara who became head of the World Bank after leaving the Johnson administration.
 
Posts: 277 | Registered: 14 July 2006Reply With Quote
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That makes sense.

That sorry MF killed how many American men, yet got worried about someone might have fun hunting and paying for it...

I’ve talked with several black Kenyans.

Shooting animals on farm properties is very common to this day.
 
Posts: 11205 | Location: Minnesota USA | Registered: 15 June 2007Reply With Quote
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Just remember Doc that Trump has kill far more people with his mishandling of Covid that could easily have been much lower.

On the other hand, there is enough research done (Actual case studies) to prove that the whole Vietnam debacle was a result of "Group Think". People in decision making roles being swayed by "I think, he thinks, I think, he thinks...." syndrome. I actually studied that 40+ years ago.


quote:
Originally posted by crbutler:
That makes sense.

That sorry MF killed how many American men, yet got worried about someone might have fun hunting and paying for it...

I’ve talked with several black Kenyans.

Shooting animals on farm properties is very common to this day.


"When the wind stops....start rowing. When the wind starts, get the sail up quick."
 
Posts: 11402 | Location: New Zealand | Registered: 02 July 2008Reply With Quote
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You must work very hard to be so stupid naki.....
 
Posts: 42463 | Location: Crosby and Barksdale, Texas | Registered: 18 September 2006Reply With Quote
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1. I hope the IMF does not expect repayment.... ever.

2. Generally there are strings attached with an IMF loan on how the funds are to be used. These are generally governance issues related to the national banking system and regulations. However, it has been widely reported that this is a "no strings attached loan" to the SA government so I would guess there is no language in the loan documents about hunting. Further, the economic damage caused by curtailing the hunting industry would exceed the size of this loan so hard to believe that the IMF would push this sort of agenda.


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Posts: 22445 | Location: Occupying Little Minds Rent Free | Registered: 04 October 2012Reply With Quote
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quote:
Originally posted by Opus1:
1. I hope the IMF does not expect repayment.... ever.

2. Generally there are strings attached with an IMF loan on how the funds are to be used. These are generally governance issues related to the national banking system and regulations. However, it has been widely reported that this is a "no strings attached loan" to the SA government so I would guess there is no language in the loan documents about hunting. Further, the economic damage caused by curtailing the hunting industry would exceed the size of this loan so hard to believe that the IMF would push this sort of agenda.


No doubt Killing the hunting industry would make it even harder for SA to pay the loan back.


Go Duke!!
 
Posts: 1299 | Location: Texas | Registered: 25 January 2009Reply With Quote
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TBD, l was thinking on very much the same lines...

Give loan, which in part stops hunting, The "Cow and Plough" return so reducing incomes, which reduces ability to repay loan..... Domination by Debt!!

Re-Colonialisation by the back door, under the excuse they're helping.
 
Posts: 210 | Location: Misplaced Yorkshireman | Registered: 21 March 2011Reply With Quote
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