Even semi-literate clerks found themselves taking up managerial positions. Today, over 300 000 graduands fight for a couple of formal semi-clerical jobs.
In 1980, beautiful houses were easy pickings. Families moved en-mass from impoverished areas to the suburbs, courtesy of cash-rich banks and building societies. Living standards rocketed: no more colonial oppression, jobs aplenty, cheap homes, leisure and factories galore!
1980 saw a boom of the salary, pension and allowance bonanza. A legacy of colonialism, with talent having gone in droves the remaining executives realized a self-enrichment gold-mine. In state enterprise- with little transparency and accountability, outright fraud has become the order of business.
Today, jobs are scarce and productivity has been destroyed by poor policy. Factories are gone, however the 1980s 'high salary syndrome' persists. Even with the post-independence economic 'bubble' having burst, some players still don't realize the century of performance and austerity is upon us.
