A Billion Rand has apparently already been spent by the ANC regime, with not a lettuce leaf being produced! Evidence reveals what may be the biggest ANC state funded so called “black empowerment farming project” failure yet, and as much as R1 billion Rand may have been thrown down the drain without any results, with another Billion yet to be spent / looted, as the original budget for the project was R 2 Billion. A full audit of the project will have to be done to determine how much of the R2 billion was eventually spent.
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Another ANC BEE Looting Scheme! This Time Disguised as Hydroponic Agriparks to Loot R2 Billion with no Sign of Lettuce Being Produced!
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Senior ANC official dissatisfied with his second-hand Mercedes Benz which costs taxpayers R103,776 monthly and seeks brand new one – No wonder SA is broke!
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Kwazi Mshengu was recently accused of using a car rental scheme to justify not having to use his predecessor’s official car. Kwazi Mshengu is the newly appointed educator of the Executive Committee in Natal, but is now without a car after Mercedes-Benz canceled the guarantee, as well as the maintenance contract. The manufacturer also recalled..
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ANC regime gets billed for R100m for 35,000 election posters – The taxpayer will probably now have to shake his pockets to pay the bill?
Street names in Ekurhuleni will soon get new street names that will be named after major ANC political icons – What a waste of taxpayers money
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The Ekurhuleni Metro Council has once again announced its intention to change 42 street names and eight beacons in the metro’s to names of major political icons and important individuals from the region. At a council meeting this week, the council said it would be part of their Heritage Month celebrations. Gilloolys, the continent’s largest..
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#ParasiticParastatal – SA Express is just another bottomless pit swallowing taxpayers’ money
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It is disturbing to realise that recently another enormous lifeline was quietly given to SA Express while all the attention was on Eskom, the SAA and the SABC. According to the Free Market Foundation, SA Express received a lifeline of R1,24 billion from the government in November last year and was now given government guaranteed financing amounting to R300 million.
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State Treasury plundering continues – your tax money will fund Eskom with a further R59bn
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Eskom will receive a further R59bn bailout over two years from the government to keep the bankrupt power provider standing. This follows the R69 billion already approved for a three-year period. Eskom’s debt currently amounts to R440bn and is considered the biggest risk to the South African economy. How much money is still to be..
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ANC regime is going to throw more money funded by taxpayers into the bottomless pit of Eskom, amounts are unknown
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Amidst many promises and assurances before the general election, the lies have triumphed again, as Eskom seems to be getting more money from the government. Stubborn reports indicate that an Eskom delegation has visited the ANC’s president, Cyril Ramaphosa, and some of his cabinet members, and talks have been held in Genadendal. Unconfirmed reports state..
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You, the taxpayer are going to pay for Eskom’s failures and probably Soweto’s debt too – Tax increase on the cards
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President Cyril Ramaphosa said in his recent state of the nation address that Eskom is facing serious financial, operational, and structural problems. While Eskom has sufficient cash to meet its obligations until the end of October 2019, its financial position remains a matter of grave concern. “For Eskom to default on its loans will cause..
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Zuma has to pay more than R16 million for years of court cases sponsored by taxpayers’ money
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The courts reportedly last week dismissed Jacob Zuma’s plea for leave to appeal against a finding that he can’t use state funds to pay for his defence costs. Former President Jacob Zuma has reportedly lost his latest court bid and would have to pay more than R16 million spent over 14 years on litigation. The..
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Poor workmanship and unfinished work by BEE company cost taxpayers R102 million
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Poor and incomplete work at a development in Germiston leads to thousands of rands being lost with a R102 million project undertaken by the Development Bank and the Ekurhuleni municipality. The project is wrecking due to the inability of the contractor, TCT Civil & Construction, to complete the work. Poor workmanship is just one of..
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But will officials abide? – Massive changes for how municipalities can spend your money – here’s what you need to know
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The South African government has gazetted new cost containing measures for municipalities, which will curb what officials can blow taxpayer’s money on. The new rules fall under the Municipal Cost Containment Regulations for 2019, which was gazetted in terms of the Municipal Finance Management Act. National Treasury said that the objective of the new rules..
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170 Farm Attacks and 20 Farm Murders but an exorbitant inauguration costing taxpayers R120 million, took place – what an enormous amount to spend on a one-off and unnecessary ceremony such as this
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Hardworking humble South African taxpayers have to pay for the inauguration while still having to tolerate; sub-standard service delivery, corruption, state capture, lies, load-shedding and fuel price increases to name just a few extreme inconveniences and chaos individuals are expected to tolerate. AfriForum condemns the decision by the presidency to press on with the exorbitant..
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Election cost taxpayers billions of rand, SA’s struggling economy has taken a step closer towards junk status
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Apart from the fact that taxpayers had to foot the bill for the state’s expenses, the amount of which is unknown, but has amounted to millions. The recent election has pushed the struggling economy another step closer towards junk status with the tremendous expense of political parties. The ANC spent more than one billion in..
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City of Tshwane residents, this is where your tax money is going to – Tshwane spends R60 000 daily on abandoned business park
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The City of Tshwane is spending at least R60 000 daily on the abandoned R525 million Business Processing Outsourcing park (BPO) in Hammanskraal. Launched in 2016 by the then ANC administration, the project promised to create 3000 jobs through on-site training, technical support and incubators for small and medium micro-enterprises. It stalled under the watch..
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Gordhan: Eskom will survive – Yes, with taxpayers’ money to save the state entity of bankruptcy
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In the midst of multiple problems at Eskom as a power supplier, the entity will stand firm, Minister Pravin Gordhan South Africa assures. This comes after an outspoken economist said the power provider was on the verge of overall collapse due to its financial condition. Experts say the minister’s insurance is a logical consequence if..
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