South Africa’s mining houses close one after the other because it has become too risky to let their workers work underground during load shedding. It costs billions of rand to stop underground mining activities and still have to pay workers even though there is no production for the whole week. Economists point out that Eskom..
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SA mining houses are closing one after the other due to Eskom load shedding
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Holidaymakers need to drive careful this festive season, the country’s roads are dangerous because of increased potholes caused by heavy rain
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Water flowing in streets and roads looks like small rivers and is becoming dangerous because of increasing potholes that can damage vehicle tires. Several incidents have already occurred from potholes that are invisible due to the water on the driving surface, and tires are damaged which means a tire needs to be replaced in the..
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Government of Zimbabwe owes SAA R880 million
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SA Airways is likely to lose a lot of money due to Zimbabwe’s default and disputes. According to the latest information, Zimbabwe are only willing to pay 5% of the R880m SAA claims the Zimbabwe government owes. The amount is apparently due for ticket sales, but the Zimbabwe Reserve Bank’s Monetary Committee refuses and rejects..
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Cyril rushes back to Eskom and cuts visit to Egypt short amidst electricity crisis which holds serious economic consequences for SA
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Opposition parties expressed their dismay when the ANC president, Cyril Ramaphosa, went to Egypt amidst #rollingblackouts occurred all over South-Africa this past week. He had to cut his less important visit to short and returned to South Africa to talk to the heads of Eskom about the crisis load shedding has on the finances of..
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Dumb Twit!! SA will overcome load shedding like apartheid, says Ramaphosa
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President Cyril Ramaphosa says the energy crisis currently faced by the country will soon come to an end. South Africans have expressed frustration, as Eskom battles to keep the lights on with stage 4 load shedding currently in place and was expected to last until 11pm. Ramaphosa, speaking in Sharpeville on Thursday in his Human..
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SA’s economic decline has happened by design – The ANC’s obsession with disproved socialist/communist practices is at the root of the problems
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All the plans devised to reignite the economy of the country will be stillborn so long as the ANC continues to pursue its socialist/communist programme. Even as Tito Mboweni proclaims his plans for the recovery, the ANC persists with its plans for expropriation of property without compensation, compulsory equity transfers, control of the “commanding heights”..
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SANDF splashes R20.5m on luxury German cars, but says funding shortfall is impacting on maintaining military base in Centurion
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While the SA National Defence Force (SANDF) was unable to maintain the Thaba Tshwane military base in Centurion due to “predominantly a lack of funds”, it has managed to find the cash to spend R20.5m on “luxury vehicles”, valued at over R600 000 each, for senior management in the previous two financial years. This is..
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Here are the ex-presidents who cost taxpayers the most
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Wondering which South African ex-presidents, as well as their spouse, costs the taxpayer the most after leaving their political offices? So far, it was by no means easy to find out and Dr. Leon Schreiber, DA MP, during a parliamentary question to President Jackson Mthembu, asked exactly what benefits these former politicians enjoy, and how..
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MINISTERS ‘FINANCES MUST BE REDUCED – Taxpayers are picking up the bills for home cleaning products, security improvements and cellphones
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The Minister of Public Service and Administration Senzo Mchunu on Monday announced several changes to the ministerial manual. Ministers will now not be allowed to pay more than R700 000 for a car, official flights within South Africa must be undertaken in economy class. The state will also no longer pay for security upgrades at..
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Flooding in Centurion is causing havoc
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Continuous rains in the Central Transvaal are disrupting traffic but in Centurion buildings, roads and low water bridges became dangerous. Large areas are flooded, and many vehicles are being swept away by the floodwater, but to date it is unknown whether any people died in the floodwater. In some places, more than 280 mm of..
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Petra Diamonds halts SA mining operations over power cuts – Eskom will be to blame for the downfall of SA’s economy
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Petra Diamonds has confirmed it received a notification from Eskom, asking it to reduce its load to the essential level. As a result, it has announced it’s in the process of halting its mining operations in South Africa. Petra Diamonds said all production, hoisting and processing have stopped with immediate effect at its operations in..
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ANC controlled entity, Prasa placed under administration – SAA, PRASA and who is next?
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The state-run Passenger Rail Agency (Prasa) has been placed under administration with immediate effect. Fikile Mbalula, minister of transport, announced the decision Monday morning during a media conference. Furthermore he stated that the immediate dissolution of Prasa’s interim council will also come into effect. Bongisizwe Mpondo was appointed as Prasa’s administrator . This decision comes..
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What a disgrace! Table Mountain Cableway: Visitors get stuck amid #Rollingblackouts
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The Table Mountain Aerial Cableway Company said power surges may have caused the failure of its generator. The impact of load shedding is being felt across the country, as Table Mountain Aerial Cableway Company (TMACC) on Monday confirmed that visitors got stuck on top of the mountain. In a statement on Monday evening, TMACC said:..
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#Rollingblackouts in SA mos definitely caused by BEE, racial quotas, cadre deployment and outright looting!
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Yes, without a doubt the c-ANC-er broke Eskom, like they broke everything else. And they are making money from it too. It is known that the ANC’s investment arm called Chancellor House made a 5000 % profit on its investment in Hitachi South Africa which had the tender for the boilers of Medupi and Kusile..
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Zuma pulls a Houdini Act, misses Zondo deadline due to Cuba hospital stay
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Former president Jacob Zuma has been hospitalised in Cuba because of ‘complications relating to poisoning’. Zuma’s lawyers have told the Zondo commission of inquiry into state capture that he will not meet today’s deadline to respond to an application by journalist Redi Tlhabi to cross-examine him because he has been hospitalised in an undisclosed foreign..
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