As the ANC regime in South Africa dives head first into the deep dark pool of Socialism and the removal of private property rights, it seems to be completely blind to what similar laws did to Zimbabwe and Venezuela etc.
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Dear ANC: ALL Countries That Have Expropriated Private Property Became Sh*tholes & A Humanitarian Crisis! SA IS NEXT!
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Bloemfontein succumbs to the African Way and is placed under administration – governance has totally collapsed. Like Eskom, black management have no solutions…
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Only the ruins of a once proud Bloemfontein, once called Die Rosestad, have remained, and the metro administration is now in a position where it simply can’t manage itself anymore. It is the first metro in the country that has totally collapsed. So says Professor Andre Duvenhage, currently a political analyst at the North West University, who stayed 17 years in Bloemfontein.
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THIS Video Will Make ALL South Africans “The Moer In!” – SA has been plundered for an entire century, and still is…
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For an ENTIRE Century, South Africa has been the World’s Largest Gold Producer, by far and bar none! SA has also been in the Top Diamond producers. How much is it and where has it all gone?
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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 regime has driven SA to junk status – GDP drops by 0.6% in 3rd quarter – SA is going to struggle to get rid of its economic crisis
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The financial decline that continues in South Africa has given the business sector reason to become more concerned about future business activities in most business areas. Gross Domestic Product (GDP) declined by 0.6% in the third quarter of 2019, according to the Statistics Service’s report. Calculated on a year-to-year basis, this is seen as a..
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Motor giant Ford must fork out millions of Rands after Kuga model endangered human lives
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The case, which has been pending against the Ford company since 2017, has now come to a final conclusion and it has been decided that the motor giant will have to fork out millions of Rands, according to a court finding. The Ford company, which initially denied that its Kuga model contained serious and dangerous..
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Vandals tear R6.6m car wash apart, Tshwane spokesperson blames the weather
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A multimillion-rand car wash project owned by the city of Tshwane which was meant to create jobs for the youth of Mamelodi and invigorate the economy of the township, has descended into dilapidation. SowetanLIVE reported that the Reitiretse integrated vehicle washing facility in Mamelodi west has been stripped by criminals, before it even opened its..
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Transnet wasted almost R50 billion, most of which is used to buy trains that cannot be used in SA
Standerton water crisis – poor management and incompetency of municipality costing millions
BEE now a must for real estate – No BEE certificate no fidelity fund certificate!
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In terms of the Real Estate Practice Act, Black economic empowerment (BEE) participation will soon be an obligation in the real estate industry. Piet Le Roux, CEO of the business organization Sakeliga, is not in favor of the new legislation. He explains that those who previously met the necessary requirements could act as real estate..
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Speculations confirmed – Telkom wants to take over SA’s third largest mobile phone company
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The months-long speculation has now been confirmed by Telkom that it is investigating the possibility of taking over the struggling Cell C. However, Telkom later confirmed that it had made an offer to the mobile phone company, which was widely regarded as an attempt to replenish its lost customer base. Although Cell C is the..
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Livestock actions banned in Gauteng, Mpumalanga and Limpopo following outbreak of foot-and-mouth disease – consumers can prepare themselves for some hefty price increases for meat products
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TAU SA is shocked after the announcement that livestock auctions in Limpopo, Mpumalanga, Gauteng and North West have been suspended until further notification by the Department of Agriculture, Land Reform and Rural Development. This announcement follows after the outbreak of foot-and-mouth disease in the Molemole district of Limpopo. “This is a big blow to the..
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Capitec director gets rid of all his shares
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Capitec director, Jean Pierre starred, sold all his shares on Tuesday. That was 5,000 shares at a total of R7.2m. He said it was a personal decision to sell now. Pierre, one of the best-known short sellers in South Africa, became an independent non-executive director of Capitec at the beginning of 2015. Before long, he..
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Weapon manufacturer Denel has quietly acquired a contract worth R6.3 billion for the export of weaponry
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With the apparent initiative and guidance of the new chief of arms manufacturers, Denel, a contract has been entered into for the export of weaponry worth more than R6 billion. A spokesman for the manufacturer confirmed that a contract had been obtained but that the broader details of it had not yet been disclosed. The..
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