President Cyril Ramaphosa has officially launched a new multibillion-rand train manufacturing factory at Dunnottar Park in Nigel, Gauteng, during the past week. Dunnottar Park train factory – the facts and figures The 72-hectare site at Dunnottar Park, which cost R1 billion, consists of a Supplier Park and Rail Training School, which will manufacture, assemble, test,..
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Chinese is the new black? – Billion-rand train factory to create hundreds of jobs in Gauteng for Chinese workers
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ANC-regime’s jobs summit promised a lot but delivered very little
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South Africa recently hosted a Jobs Summit that brought key stakeholders –government, business and labour – under one roof to find better ways of tackling the country’s stubbornly high unemployment rate. Anchored by the country’s President Cyril Ramaphosa in his new broom sweeps clean posture, the summit promised a lot but delivered very little substance…
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Generals’ kids get jobs meant for the poor, earn about R23 400 a month
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A defence force project meant to give jobless matriculants a foot in the door has degenerated into a job creation project for the children of defence force generals. An article in City Press’ sister newspaper Rapport says the children of at least seven generals and a senior department of defence official are employed in an..
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South African economist predicts petrol price will decrease in November 2018
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Mike Schussler is optimistic than 10 – 20 cents will be shaved off the petrol price, ending a run of seven consecutive increases.
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Goodnews, but will it be executed, Mboweni says Eskom needs to shed 30 000 jobs
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“It does not make sense that R8 out of R10 goes to salaries and unions still demand service. Where will the money come from?” – Finance Minister Tito Mboweni…….
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And there goes our money, again with a fired Transnet boss will still be paid R3 million for doing nothing
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Despite being implicated in corruption and maladministration within Transnet, Gama’s removal from the company has been downplayed by board members.
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This is outrageous, Eskom says it is entitled to an electricity tariff increase of 90%
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Eskom maintains that it is entitled to a 90% increase, but, in order to spare the average South African consumer, it will settle for less.
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Protest getting out of hand:- Five bus drivers arrested as MyCiTi strike heats up
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Five striking MyCiTi bus drivers were arrested on Tuesday after police used stun grenades to disperse strikers at the Civic Centre station, Mayoral Committee Member for Transport Brett Herron said.
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After 25 years white South-Africans are blamed for the failure of the Rainbow nation – But why?
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White South Africans are often accused that their “sense of superiority”, their “white privilege” is the reason why the multiculturalist New South Africa and the Rainbow Nation is a failure. It is unwillingness of the white man to share property and wealth that is the cause of all the misery. Now, if we look at..
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Once again taxpayers will have to pay for the sins of the ANC-regime – SAA, Post Office and other ailing SOEs to receive billions in cash-bailouts
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Finance minister Tito Mboweni has announced a R9.1-billion bailout of struggling state-owned companies such as national carrier SAA and regional airline SA Express. In his first medium term budget policy statement to parliament on Wednesday‚ Mboweni announced that the troubled SAA would once more be recapitalised by the taxpayer to the tune of R5-billion. This..
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Service delivery in SA at its best! – It took the SA Post Office 81 days to deliver a letter, which should take only 3 days
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A recent MyBroadband test showed that it took the South African Post Office (SAPO) 81 days to deliver a letter between two locations 48km apart. The letter was sent on 27 July 2018 from the Jeppestown Post Office in Johannesburg to the Lyttelton Post Office in Centurion – and was received on 16 October 2018…
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Borders remain open playground for illicit trading and possible invasion – R50bn needed by SANDF to protect South Africa’s borders
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Until National Treasury forks out R50billion to the SANDF, the country’s borders will remain an open playground for illicit trading – and even a possible invasion. This was the grim picture painted by the Chief of the South African army Lieutenant-General, Lindile Yam. He was speaking at the annual media breakfast at the Army College..
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BREAKING NEWS | Lonmin in $200m deal with Chinese firm
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Lonmin has managed to stave off a major financial hurdle, signing a $200 million metal purchase deal with a Chinese company to pave the way for the completion of the R5 billion takeover by Sibanye-Stillwater. The group said the $200m refinancing facility with Pangaea Investments Management (PIM) – an associate company of Hong Kong listed Jiangxi Copper..
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UPDATE:- Hannah Cornelius trial: “Don’t be angry with me”, says accused in apology (LETTER INCLUDED)
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Eben van Niekerk wrote a letter of apology to the family of Hannah Cornelius in May 2017. However, he’s now distanced himself from the document.
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Forget Sars – SAPO is worse – R4-million salary for SA Post Office exec who can’t even keep a website online
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Many South Africans have expressed outrage at Sars chief officer for digital and IT, Mmamathe Makhekhe-Mokhuane, earning over R3 million a year. The anger comes after Makhekhe-Mokhuane made headlines following her appearance in an SABC TV interview. Makhekhe-Mokhuane was on SABC News for an interview about Sars’ IT systems, but spoke about Sars bursaries for..
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