Due to the to the default on forwarding payments by municipalities, Eskom is moving further into the red every month at a staggering rate of almost R1 BILLION every month! However, apart from SOWETO where users refuse to pay, most users do pay, but their payments get intercepted by corrupt Municipalities where the money is taken and fraudulently spent on luxuries and personal expenses of councilors.
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Should Electricity Users Pay Eskom Direct? Eskom Losing a BILLION a Month Because Corrupt Municipal Councilors Steal User’s Electricity Payments!
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Outrage as Telkom CEO Sipho Maseko gets R23 Million & Executives get R100 Million, yet 3,000 employees to be retrenched due to lack of funds?
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Trade union Solidarity has launched an attack on Telkom for planning to fire 3,000 employees after paying its executive team more than R100 million.
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E-toll system not going anywhere – According Finance Minister, Gautengers must just except their fate and pay up
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Finance Minister Tito Mboweni said on Wednesday during his interim budget speech that the offending e-toll project will continue and consumers will be held responsible for the costs, with payments now being tightened and regulated. The people of the Central Transvaal will have to fall in love with the fact that Minister is not prepared..
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DStv customers, check your bills: “Thousands” have been overcharged for September
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A number of DStv subscribers reported being overcharged on their monthly bills by up to R1 000 in September. And the reason why has infuriated customers. If it’s not Steve Hofmeyr and his mates smashing up decoders, then DStv are pretty good at doing damage to themselves. The television network is facing an almighty backlash,..
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SA taxpayers to fund over R76 million for politicians who did not return to parliament after this year’s national election
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Government will spend over R76 million of taxpayer’s money on ‘loss-of-office gratuities’ for politicians who did not return to parliament after this year’s national election. The Sunday Times reports that this figure is set to continue rising in the coming weeks as payments are still being processed. The gratuities will be paid to former ministers..
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Banks’ rights reduced – bankers can no longer just take your money out of account, to settle arrears on installments without permission
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Bankers’ rights have been curtailed by a ruling in the Supreme Court with a case that Standard Bank has lost, and in the future new rules on bankers are applicable. The practice where banks can just grab their share of money owed in a mortgage or loan as soon as a deposit is made, can..
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How much taxpayers money has been thrown into SAA’s black hole to stay afloat?
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Billions and billions have been thrown at The South African Airways (SAA), but the airline don’t have much to show for it. It’s hard to recall a time when the limpest of all our state-owned entities was successful on its own two feet. It has a history of relying on fiscal interventions, needing contributions from..
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This is how the ANC-cadres enriches themselves at the expense of the struggling SA taxpayers
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The head of an agency is reimbursed nearly R9 million during 2017 and another senior official worked only 3 months of his final year’s contract. The most senior executives in at least 24 government agencies pay more than R3 million each in the 2017-2018 financial year. At least five of the 24 CEOs each received..
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SA’s largest township owes Eskom R17 billion – Soweto residents respond: Hell no, we won’t pay for electricity!
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City Press visits Soweto and asks residents why they don’t pay for their electricity and how they could help Eskom to recoup the R17 billion owed by the people who live in SA’s largest township. On Wednesday morning, as load shedding hit the township of 1.3 million residents, small businesses were losing money, and children..
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Seems like South-Africa’s Health Department has a major cash flow problem – Several Gauteng Doctors, Medical Interns Not Paid January Salaries
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Eyewitness News spoke to some interns who say that they were told that their January salaries will only be paid on 28 February.
Several Gauteng medical interns and community service doctors have contacted Eyewitness News claiming that they have not been paid their January salaries.
Eyewitness News has seen WhatsApp messages, emails and memos informing the doctors of this decision.
The doctors have been doing their community service at various hospitals in the province.
Eyewitness News spoke to some interns who say that they were told that their January salaries will only be paid on 28 February.
Medical interns at the Charlotte Maxeke Hospital say that they were sent a WhatsApp message a day before payment informing them that due to logistical reasons, payments won’t be made therefore they should make the necessary agreements with their banks.
A memo from Helen Joseph Hospital, seen by Eyewitness News, notifies the doctors that their January payments
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The gravy train were properly exploited at the VBS bank- ANC treasury general received R1.5m gift
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Evidence in the Supreme Court shows that the ANC’s Limpopo Treasury General, Danny Msiza, received R1.5 million via an intermediary. The intermediary facilitated the “investments” of multi million rand from municipal accounts to VBS bank. A R9,5 million mortgage from Msiza’s company on a property in Pietersburg is also apparently paid by VBS Bank. It..
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Zuma must still pay back the money he lend for his Nkandla homestead to Scandal-ridden VBS Mutual Bank, which was liquidated in November – a R8.5m bond which he could not afford
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Former president Jacob Zuma is still required to honour monthly payments for his home loan at VBS Mutual Bank, Netwerk24 reported. The scandal-ridden VBS Mutual Bank, which was liquidated on November 13, granted Zuma an R8.5m bond which he could not afford, and it was at least nine months before any documents were signed to..
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That’s how the taxpayer’s money is stolen! – Department of Public Works spends R300 million on rent for buildings and parking spaces that do not exist
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Adv. Director General Sam Vukela reveals that the Department of Public Works spend R300 million on rent for buildings and parking spaces that do not exist it in the department’s 2017-18-year report. This damning evidence on which he and Thulas Nxesi, minister, and Jeremy Cronin, deputy minister and other departmental heads of government, reported on..
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Apparently Zuma is not the only one with a counting problem – It seems that NSFAS wrongly paid R500 million to students
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It is not only Jacob Zuma who can not count because the National Student Financial Assistance Scheme has wrongly paid more than R500 million to students. This means students received more money than they should have. In addition, approximately R303 million of unauthorized expenses were incurred. The body has now issued loans to the value..
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New social grant payment system unveiled
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In with the new‚ out with the old. The SA Social Security Agency and the SA Post Office have reached a landmark agreement to usher in a new social grant payment system that will see recipients getting their grants from banks‚ various merchants and spaza shops. The agreement was finalised on November 17 and the..
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