In a study published last week, the Fitch credit rating agency has warned the ANC government, which is still reluctant to consider public sector salary demands for the next three-year term, over it’s inability to exercise control over spending, which could lead to further budget problems.
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Fitch Rating Agency Warns ANC Regime over Uncontrolled Spending and Unproductive Public Sector Salaries!
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ANC Government wants to Establish a State Bank, in Line with their Socialist Principles. Hint: Central Banks are Private!
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In keeping with the Socialist principle that the State must own and control everything, as with the ANC’s National Health Insurance Scheme, the National Treasury said it was also moving forward with the establishment of a state-owned bank for South Africa, and that Cyril Ramaphosa, and the Minister of Finance, Tito Mboweni, were supporting it. It might surprise many to discover that the Central Bank is in fact privately owned, as it is worldwide.
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“Systemic Looting at Eskom” – R238,000 for Wooden Broom, R80,000 for a Kneepad, R56 for Bottle of Milk! #TheAfricanWay is the Consumption of Civilization Itself!
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De-Colonisation = De-Civilisation: The “previously disadvantaged” who are now the “currently advantaged” clearly regard Eskom as a personal cash machine, with unlimited credit (from you the taxpayer). Andre de Ruyter, head of Eskom said this type of extreme plunder has been systemic in Eskom for years. No wonder Eskom (you) are sitting with enormous debt of about half a TRILLION Rand which YOU and your children, grandchildren and great grandchildren have to repay. Sadly it is not even the poor benefitting from this outright criminality, but black ANC elites, cronies and officials who already earn massively inflated salaries, who are stuffing their pockets even further, in true African style. #TheAfricanWay
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Video: THE JOE BIDEN CRIME FAMILY IS THE DEFINITION OF CORRUPTION & INAUGURATION WILL GIVE THEM IMMUNITY! But Why are Mainstream Media Complicit in the Cover-Up?
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As Thick As Thieves! The election coup / fraud of USA2020 has all the hallmarks of an Obama scam backed by the Deep State, and having been Biden’s boss, Obama would know all the details of his corrupt VP’s activities. He also knew Biden would agree to partaking in election fraud to become President, to save his family from disgrace, like Clinton or any classic african despot does! It is clear the reason Joe Biden was happy to be complicit in election fraud was because being President would give him and Obama immunity from everything, like illegally spying on Trump, the Trump Russia collusion hoax, corrupt deals with Russia and China and various sex scandals, including some which were no doubt “honey traps” set by the CCP! Clearly Biden is a national security risk! But then, it is the aim of NWO and globalist Democrats to destroy USA, so it’s a win win for them!
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ANC Socialists Successfully Make Another 1.5 Million People Unemployed, Making Them Dependent on ANC Welfare Grants! Communism 101
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The CCPvirus remains the gift that keeps giving for large corporations and anti small business communists the world over, especially in South Africa where another 1.5 Million people have become unemployed. From “big box” big name retailers who are making record profits selling online, and having their small business competition permanently put out of business in lockdowns, to despotic socialist regimes like the ANC, who want more people dependent on them for welfare handouts, so they can control every aspect of their lives (and coerce them to vote ANC). However demand for welfare and emergency funds are high, with stiff competition from corrupt ANC cadres and thieves making away with large portions of the emergency loan funds already!
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RaceBaiting SA Cricket Director Blackmails Momentum Sponsor with Government Pension Fund & SOE Disinvestment & Bad BBBEE Ratings!
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A tweet by a black female Director of Cricket SA has exposed what we always suspected: ANC regime uses control of State Pension Funds & Control of State Owned Enterprises to enforce Black Supremacy and Extort Money, Favours & Positions from private sector! On top of this they also use racebaiting, like the infamous racebaiting mafioso in USA, Al Sharpton, to threaten people and groups with false bad BBBEE ratings and false accusations of racism, if they do not comply, pay up or or do the bidding of the ANC regime! Who knows what has not been “gifted” or handed over, and how deep the rabbit hole goes, in this modern day mafia style gangster protection racket the ANC & EFF are running? Do not expect mainstream media or the courts to expose it…
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ANC Cadres Score R70 Billion No Strings Attached IMF Loan That YOU Have to Pay Back!
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Communists Love Spending Other People’s Money: Even though corrupt ANC has steered clear of IMF loans thus far, because they require financial transparency and discipline, the COVID-19 pandemic and Black Privilege has allowed the ANC government to get a loan, without an IMF structural adjustment programme, despite the IMF being deeply suspicious of ANC and COSATU. Seizing the opportunity the Corona Virus has afforded them, the ANC grabbed 100% of South Africa’s IMF quota.
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SA 5th Most Infected Country! All BRICs Countries in Top 5 Except China! SA & India Receive USD 1 Billion Covid Loans from BRICs Bank!
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Cases for Cash? For an 8th straight day South Africa has reported the 4th most daily new COVID19 cases (chart below) which has helped push SA into 5th place worldwide, eclipsing many countries far more populace and undeveloped than itself, like Indonesia, Pakistan, Nigeria, Bangladesh, Mexico, etc. Even more remarkable is that 4 of the top 5 most infected countries are BRICs countries – all of them are in the top 5 except China, where it all started, coincidence? Even though China is the most populace country in the world? Did the access and clout that Chinese citizens have in BRICs countries help spread the virus? Or does the fact that South Africa and India have received 1 BILLION dollar Covid Loans from the BRICs Development Bank explain the high figures?
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VIDEO: Lying DRAMAphosa Blames SA Whites for Domestic Violence & George Floyd! BBBEE & AA Defines South Africa & is Here to Stay!
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#AntiWhitism Not only does Ramaphosa want to break the “natural order of things” like a good marxist, he has made it clear BBBEE Affirmative Action defines South Africa and is not only here to stay, but will be extended! Having been given his billions on a silver platter, just because he is black, he now want to use his weaseling ability of profiteering by racebaiting, to extend the gravy train and make black privilege and black supremacy the norm in South Africa. If you are white, or a minority the writing is undeniably on the wall. ANC has been in charge of everything, that Ramaphosa complains about, for a quarter century, yet STILL he complains?
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Time to Rename South Africa to Azania or Mzansi or Sh*thole? The Republic Forgets its Own Birthday as Not a Single Official Recognises SA Republic Day in 2020!
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Only 59 years ago on this day 31st May, 1961, the Union of South Africa became an independent Republic as it withdrew from the British Commonwealth, however in 1994 ANC unilaterally removed the practice of celebrating the birth of the Republic every May 31st. While most people did not even notice this dictatorial act, it really begs the question, what is SA now if not a Republic and why is South Africa still even called a Republic? Given the ANC’s naked hatred of minorities and constant demonisation of the country’s past, why is the country still called The Republic of South Africa? Is “South Africa” not a colonial term? SA-News proposes it is high time the abomination at the Southern tip of Africa be renamed!
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SOE Alexkor Goes Bankrupt! ANC Cannot Even Make Profit From Diamond Mining? Yet Again, The “Permanently Disadvantaged” Plunder The Golden Goose to Death!
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If ever there was a business that should be a cash cow for the ANC government, diamond mining is it, well, maybe it is, directly into their back pockets! The ongoing weakness and current record low Rand value means record high prices for Alexkor’s diamonds, which come from a vast resource of 90-95% gem-quality diamonds which exists off the west coast of Southern Africa. In fact it is so precious the entire area is off limits to the public, yet still the ANC government manages to make it bankrupt? Alexkor joins the long list of almost every single other SOE going bankrupt, begging the question to be asked, whether this is deliberate?
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#GangsterState ANC Voters Are Traitors for Rewarding Institutional & Structural Corruption & Stealing from the Taxpayer!
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The ANC bandits have literally been allowed to not only steal directly from you the taxpayer, but also to print money, therby stealing from your children and grandchildren too! However there is only one person who can stop this wholesale plunder, the ANC voter, but there is no indication they ever will as they are distracted with a constant stream of white hatred. ANC voters have time after time rewarded and approved of this blatant theft and fraud, which destroys South Africa’s infrastructure, credibility, international credit rating and ability to serve the citizens. This willful and conscious destruction of SA makes ANC voters traitors to the nation, for their part in its destruction. For example Mafioso Magashule’s forgotten tender of R230 Million JUST TO COUNT asbestos roofs, gives insight to how the Free State was looted, yet Ace Magashule, has now been rewarded by being promoted to Secretary General of the ANC! ANC voters are indeed traitors to their fellow citizens.
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How China, the #CCPvirus and NASPERS Sent South African Stocks Index to Record Highs in April Despite Lockdown!
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The Rich Get Richer: Is it any wonder NASPERS was able to “donate” 1 Billion worth of Chinese made testing kits and PPE to South Africa, after unprecedented demand for online services and entertainment during the Covid-19 lockdowns, firstly in China when the CoronaVirus started, and now in SA, saw a scramble for safe investments, which helped grow NASPERS profits, and set South African stocks on course for a record April month! The benchmark index in Johannesburg is up 14% in April, the most in any month since Bloomberg began tracking the gauge in 1995. Most South Africans do not realise the extent of China’s influence on South Africa even though millions of South Africans have a financial stake in the growing intolerance of criticism by the Chinese Communist Party (CCP) Government.
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Should China Pay For Our CoronaVirus Losses? Two US Firms Sue China For Criminal Negligence For Covering Up Corona “Chinese” Virus Outbreak in Wuhan!
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While Ramaphosa is panicking trying to clean up China’s mess in SA, US President Donald Trump recently lashed out at China over the “Chinese Virus” as he called it. At a recent press conference where he said that China did not inform the US about the crisis, and said that he is a little upset with the Chinese authorities, Trump added that had everyone been informed a few months back, when China knew, a lot of lives could have been saved. Even the W.H.O. warned a while back that the next big epidemic could come from wet markets in China, but China willfully ignored it…
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#TheBlackFigLeaf To Excuse Corruption, Hide Black Incompetence & Plunder SOE’s! How Nontsasa Memela Used “Transformation” To Plunder SAA!
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When Zuma said “corruption” is a European word, he meant corruption itself in African culture is normal & OK, it is just Europeans who choose to make it a bad thing. At SAA, like everywhere else, they did it #TheAfricanWay. The truth is, wide scale corruption was revealed at SAA before the Zondo commission. It seems wherever there was a black man or woman in charge of anything, there was theft, fraud & corruption.
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