Gigaba lashes out against ‘hysteria’ over SAA bailout

Finance Minister Malusi Gigaba has spoken out against what he termed hysteria that has been created around the options government is considering to recapitalise South African Airways (SAA). He was speaking at a briefing at Treasury following a meeting with the steering committee of the CEO Initiative on Friday. He emphasised that government is still […]
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SAA to get R10bn bailout from sale of government stake in Telkom

Cash-strapped SA Airways is to get a R10-billion bailout through the sale of the government’s multibillion-rand stake in Telkom, parliament was told on Wednesday. DA MP Alf Lees dropped the bombshell in the National Assembly during question time with Deputy President Cyril Ramaphosa when he presented a cabinet memorandum leaked to him as a member […]
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ANC Regime is THE Reason Broadband sucks (money and speed) in South Africa

The reasons why your broadband sucks in South Africa with slow and expensive Internet are diverse and complex. Here are some of the biggest culprits. It’s no secret that broadband in South Africa is slower and more expensive than it is in other countries, just as it is no secret that given the choice ANC regime would […]
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