Due to the to the default on forwarding payments by municipalities, Eskom is moving further into the red every month at a staggering rate of almost R1 BILLION every month! However, apart from SOWETO where users refuse to pay, most users do pay, but their payments get intercepted by corrupt Municipalities where the money is taken and fraudulently spent on luxuries and personal expenses of councilors.
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Should Electricity Users Pay Eskom Direct? Eskom Losing a BILLION a Month Because Corrupt Municipal Councilors Steal User’s Electricity Payments!
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#StateCapture 2.0: Ex SA Ambassador To Italy, Tembi Tambo, Oliver Tambo’s Daughter, Linked to Government Pension Fund Plunder! PIC Pays 28 Times More Than Market Price For Bare Undeveloped Land!
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Down The Corruption Rabbit Hole: In yet another shocker for members of the Government Employee’s Pension Fund, it has been revealed that The Public Investment Commissioner (PIC) has “invested” in land, on their behalf, for R570 525 per hectare in Coligny where the average price per hectare is less than R20,000! The ex SA Ambassador to Italy, Tembi Tambo (pictured), daughter of Oliver Tambo, is a representative of @Isago, the company benefiting from this highly questionable transaction.
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Where Does All The Money Go? South Africa Borrowed R411 BILLION From China in 2018, Yet Now in 2020, Our Pension Funds Are Targets To Bailout R254 Billion of Eskom’s Self Inflicted Debt?
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#ParasiticParastatals South Africans do need to be really concerned . There seems to be a black hole somewhere that is sucking up BILLIONS of Rands of not only taxpayer’s money, but even borrowing Billions more, and once the money is put in the black hole, it seems to be gone forever, creating the need for the government to look for hundreds of billions of Rands MORE, to keep debt laden State Owned Enterprises (SOEs) afloat.
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Rothschild & Globalist Big Business Elites in SA Agree With COSATU, To Let ANC Plunder Private & Government Pension Funds, To Bail Out ANC’s Eskom Cash Cow!
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#FollowTheMoney How much money have Banksters earned out of the plunder and ransacking of State Owned Enterprises, like Eskom, at the hands of the gangster ANC? Well, you were taught, or rather brainwashed, to think that crony capitalism and champagne socialism were at two opposite ends of the political spectrum? Four things however you can be sure both have in common, is greed, spending other people’s money, lust for power and hording all the assets and wealth into the hands of the few elites. This was proven this week when Corporate elitists in South Africa, under leadership of the Rothschild company in SA, agreed with COSATU (a powerful Trade Union which forms the triumvirate of power in SA, with the ANC & The Communist Party of South Africa), that the ANC government can raid pensions of ordinary people, including the Government Employee’s Pension Fund (GEPF), to bail out Eskom’s debt! Welcome to the dialectic…
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When Corruption Becomes Deadly! PRASA Heading For A Train Crash With No Brake Sets in Stock! South Africa Being Turned into a Train Wreck!
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#TheAfricanWay at PRASA – Are you sure you want to get on that train? Management at PRASA have looted all the money, even for train brakes, now they are scratching around in old drums looking for old second hand parts to use!
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#StatePlunder No Surprise That Arrogant Municipal Manager of Small Bankrupt Free-state Municipality Gets Paid R2.9 MILLION Per Year, Yet Bankruptcy Administrator Was Also Involved in Gupta Corruption at Estina Dairy!
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The small bankrupt municipality in the Free-State which is still under administration has still managed to pay a municipal manager R2,9 million a year for 2 years, making him the best paid government official in South Africa! However his position was defunct as a Bankruptcy Administrator had been appointed, it seems, only to plunder the public coffers even more, as this “Administrator”, Moses Moremi was the one who signed the 99 Year lease to give the Gupta’s a rent free farm for the Estina Dairy scam!
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#Fakism in Vrede: Yet Another Town Suffers Like #Coligny, After Fake “Racism” Allegations Are Used As The Black Man’s Excuse For Their Crimes!
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In a repeat of the Coligny racial attack, where a young criminal died from his own actions, Vrede is under attack as a local security company owner’s house is burnt down, his dog killed and the local store is threatened with arson.
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“Africa is #CoronaVirus’ Most Vulnerable Target” Because a Million Chinese Work in Africa, Where They Probably Can’t Even Diagnose The Virus!
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The Chinese coronavirus which is spreading from China, is looking like it could be an actual pandemic, that circles the globe, according to many of the world’s leading infectious disease experts. Rapidly rising caseloads are alarming researchers, who fear the virus may make its way across the globe. But scientists cannot yet predict how many deaths may result.
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Poor South African’s Suffer #RollingBlackouts, Yet Government Officials & Black Elites Buy Lamborghini Aventador’s!
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#TheAfricanWay means “it is my turn to feast at the table and stuff everyone else”. This is clearly shown when Former Eskom Chairperson, Jabu Mabuza’s niece received her new Lamborghini Aventador, price range of Avendators is around R 9.6-million.
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Only 15% of CEOs are still positive about SA’s economic outlook
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This is a slim 15% of CEOs who still have a positive outlook on the South African economy’s outlook. They are still very confident and confident about what their companies’ return will be in the coming financial year. However, the growth rate that has almost reached zero point speaks to a different view, in which..
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Black businessman Patrice Motsepe was elected to the World Economic Forum in Davos
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Billionaire Patrice Motsepe was elected to the board of the World Economic Forum in Davos at the gathering last week. Motsepe is a businessman and founder of African Rainbow Minerals, of which he is also the executive chairman. The announcement comes via social media after a storm erupted because he said earlier that South Africa..
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ANC Fails To Provide The Basic Human Right to Water & Sanitation in Many Municipalities Like Wolmaransstad. Local White Community Members Have To Jump in
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Services in yet another ANC run town collapses as water stop flowing in Wolmaransstad. All that remains of this once beautiful Free State town is a filthy dump. It has officially joined the long list of rural municipalities under ANC control where municipal services have ground to a halt. Most parts of Wolmaransstad have been without water for 4 days now and that of course includes schools, businesses, the hospital and the old age home.
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Post-Study Work Visa in Singapore – How and What to Apply For
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Singapore has a visa for foreign students which expires after their studies are completed. After this, there is an option for working in Singapore through the application of a post-study work visa. Many students who have come here think that this is a big deal for them now that Singapore has become a global business hub. It is easy to gain experience in your career by getting exposure to international working standards.
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White Residents go to Court to Take Over Municipal Services After Black Municipality Collapses. They Have Already Taken Over Water Treatment Plant After Water Stopped Running
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The municipality that serves the area comprising Swartruggens, Derby and Koster in the North-West province has totally stopped functioning and that includes each and every service, even basics like the provision of water. Local residents led by the Rate Payers Association have declared an emergency and have started to provide the services themselves!
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Communism Fails in SA Too! ANC Admits Half of State Owned Land Lies Fallow as its Communal Farming Scheme Fails!
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The ANC’s purely communist system of communal farming by so called Community Property Associations (CPA’s), is a total failure and that admission is clear from answers provided to written questions by members of Parliament. Despite this the ANC will no doubt press on with its implementation of the communist policy that the state must own all food producing land, which is what expropriation without compensation is about. Lookup Lenin’s famine in Russia to see where this is headed…
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