You can take your seat. Hon Lees, can you please proceed. [Interjections.]
Madam Chair, hon Tobias is absolutely correct when she says that South Africa, in 1994, was bankrupt. It came out of a time of evil. The majority of South Africans had been treated appallingly and evilly and the country was bankrupt. But, the fact is, that today the country is bankrupt once again and we are facing a fiscal cliff and we hope and pray that we are finally downgraded to full junk status on 29 March.
The Bill before us today is an omnibus Bill that seeks to amend the five Acts of Parliament. The DA agrees with much of the Bill but remains opposed to the creation of a state-owned bank. The South African economy has been so