If Eskom goes ahead with its unreasonable tariff increases as it plans, the South Africa’s economy will be destroyed. The struggling economy of South-Africa is already on shaky legs and can be forced into a deeper hole with unreasonable tariff increases from the national power utility entity Eskom. The gold industry will be destroyed if..
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Eskom is going to destroy SA if it continues with unreasonably tariff increases, which is a 45% increase for consumers over the next three years just to maintain its pathetic management style
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Ramaphosa’s “nine lost years” – how does he explain his share in the lost years during which corruption and crimes have increased to where it is today?
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ANC President Cyril Ramaphosa’s reference to the nine lost years under Zuma’s management is for many an ironic statement. During that time, Ramphosa was second in command of the country’s decision making and execution. Questions have now come up as to how he explains his share in the lost years during which corruption and crimes..
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The ANC is coming for what’s yours! South African pensioners’ biggest fear has now become a reality – Pensions now need to fund bankrupt government’s state entities
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With the ANC’s launch of their election manifesto, it was debated that Treasury should see if pension funds cannot be used to help the bankrupt state entities. Meanwhile, Mark Barnes Chief Officer at the Post Office and said it would be a big move for the country. The prospective pensioners as well as current pensioners’..
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Several media companies in SA have been caught for price and trade fixing, faces big fines – This is just another facet of the tremendous corruption in South Africa that is taking place
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The already bankrupt SABC was fined R31,8m by the Competition Tribunal while Primedia was fined R9,6m and Ster-Kinekor with R436,999 for price and trade fixing. The SABC should also provide free advertising time for the smaller qualifying agencies worth R40 million a year for the next three years. A further R17 million will be paid..
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Struggling SABC that has been dependent on state aid for years has placed staff into a huge embarrassment by not paying their salaries
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Staff realized with shock that the SABC did not pay their salaries into their accounts on Tuesday. Apparently, the Broadcasting, Electronic, Media & Allied Workers Union sent a brief report confirming that they had received notice that no payments were made. A staff member apparently confirmed to the media that they had not received salaries…
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Netcare intends to retrench more than 500 staff in an effort to limit spending due to poor economic conditions in SA – Many families will be affected due to the ANC regime’s negligence in managing the country efficiently
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The hospital group, Netcare, is planning to retrench more than 500 employees in an effort to limit spending due to economic downturn. Netcare’s Ramasela Mokonyama confirmed that retrenchments will be made and that notices are being sent to staff passing them information on the intended action. Personnel dealing with patients are not affected, but retrenchment..
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There you have it! – Chinese Bank Takes Absolute Control Over All Eskom Power Stations In South Africa If Default In Payment Plan Transpires
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In another huge loan of 33.4 billion rand the Chinese Exim Bank (Export-Import Bank of China) will take over the Eskom Facility Plant in South Africa. This was announced by a recent tweet from Exim Bank. Eskom is a South African electricity public utility, established in 1923 as the Electricity Supply Commission. Eskom operates a..
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This is what happens when BEE contractors are prefer over skilled labour!: Medupi and Kusile- The two new coal-fired power stations’ “error” repair costs already amount to R2 billion.
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According to observers, the repair costs of errors at the Medupi and Kusile coal-powered power stations are already nearing R2 billion. This puts the expected start up costs at R292 billion, which is twice the initial estimated cost. The device that grinds the coal, the furnaces and other systems at both plants does not function..
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Far Left Helen Zille is suddenly tired of corruption in the country and now threatens to launch a “tax revolution”
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Helen Zille says she will start with a tax boycott action if those who are guilty of corruption as found by the Zondo Commission are not going to be prosecuted. Zille says she will launch a “tax revolution”, but meanwhile, the DA’s leaders have distanced themselves from Zille’s statement. She also believes the same action..
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Left-wing media and its journalists were apparently bribed by Bosasa and form part of the corruption scandal
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Former Bosasa chief, Angelo Agrizzi, has been rattling the cages of the so called left-wing media and journalists when he named the names of journalists who are part of the corruption scandal. This all happened during the court procedure where he was giving evidence on day seven. According to Agrizze, as much as R30,000 a..
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Struggling airline under ANC control is apparently under extremely difficult financial circumstances and will now be rescued by commercial banks – This is the result of corruption and incompetence, celebrated in the ANC ranks
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South African commercial banks are basically prepared to help the instable SA Airways with R3.5bn as a lifeline. The struggling airline needs the funds very urgently to meet his short-term obligations. SAA’s Chief Executive Officer, Vuyani Jarana, says the amount is needed to maintain its operational duties until April. Jarana, says it is clear that..
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Discrimination against whites continues – FeesMustFall activist’s public violence is left “unpunished” while Vicky Momberg, who used the “k-word”, is sentenced to two years in prison
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FeesMustFall’s, Bongisnkosi Lhanyile is found guilty of public violence complaints and sentenced to three years’ house arrest and a R5000 fine. It seems as if discrimination against whites continues, because Vicky Momberg, who used the so-called “k-word”, is sentenced to two years in prison. Opinion polls say the left-wing FW de Klerk may be right..
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‘You will regret it in 30 years time’: Tito Mboweni on scrapping Afrikaans at UP
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Finance minister Tito Mboweni ruffled feathers after tweeting that he disagrees with the removal of Afrikaans as a medium language of instruction at the University of Pretoria. As of 2019, English is the medium language of teaching for all first-year classes at the university after AfriForum Youth and Solidarity lost a high court battle in..
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Hunt for missing US millions donated from the US intended for nonprofit organisations fighting the spread of transmissible diseases,leads Hawks to former union CEO in SA
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Colleen Khumalo, the former CEO of the worker health programme at the South African Clothing and Textile Workers’ Union (SACTWU), has appeared in court on charges of fraud involving R50m. Khumalo’s arrest and subsequent appearance in the Cape Town Regional Court on Thursday stems from an investigation by the Hawks into allegations of misappropriated funds..
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Still the Ramaphosa denies the surge of farm attack and murders in SA – Defenseless elderly couple held hostage by four terrorists during farm attack, Pretoria Gauteng
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ANOTHER elderly defenseless couple held hostage for over 3 hours, Haakdoornboom, Pretoria, Gauteng Province on 24 January 2019, between 22:00 and 01:30. An elderly couple were attacked and held hostage by four black males from 22h00 tot 01h30. Hand firearms and hunting rifles as well as household items as well as their bakkie ( small..
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