In a statement on Wednesday, ArcelorMittal South Africa [JSE: ACL] – the biggest steel producer on the continent – announced that it may close some of its operations. The company, which supplies more than 60% of the steel used in South Africa, has operations in Vanderbijlpark, Vereeniging, Saldanha and Newcastle. South African steel consumption is..
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SA steel consumption is at its lowest levels in a decade – ArcelorMittal previously known as Iscor may close some of its South African plants
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South Africa stuck in longest downward cycle since before Apartheid (1945)! Ramaphosa tries to talk it better…
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Neither communism nor multiculturalism has ever worked, yet South Africa is implementing both at the same time to disastrous effect! Now Ramaphosa has vowed to rebuild crashing confidence in South Africa’s economy, and desperate South Africans, who want concrete things that can make a difference in the economy, have no choice but to hope he does. He promised real actions that “move the needle,” however in Africa accountability is not required.
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Milco SA Consortium will take over Clover company
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The South African Competition Council has informed Milco that approval has been given for the international Milco SA consortium to buy dairy and soft drink company Clover. The Milco SA Consortium is apparently ready to take over the Clover company, which is known for its dairy and soft drink products, in one of the country’s..
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Telkom plan to switch off ADSL completely and exit copper entirely
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In May 2019, Telkom CEO Sipho Maseko was quoted as saying that Telkom recently developed a roadmap concerning the proactive migration of customers to newer infrastructure. “We are hoping that in the next five years we would have exited copper entirely,” Maseko said. This means that if it is successful with its plan, Telkom’s operational..
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Sasol, world’s biggest manufacturer of fuel from coal is said to plan sale of its SA coal mining unit – Hopefully not to China?
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Sasol is planning to sell its South African coal-mining business in the coming weeks, according to people familiar with the matter. The company will begin a formal sales process said the people, who asked not to be identified as the information isn’t public yet. The mining business had a turnover of R20 billion ($1.4 billion)..
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Businesses go bankrupt in SA – Not only Edcon is struggling to keep head above water, many companies are closing their doors and causing unemployment
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It is not only the Edcon clothing industry that is struggling, as many businesses have had to close their doors in recent months. This is a far darker picture than Edgars had managed to get a loan to relieve his debt burden and retain his staff. Edcon would not have been able to smoke the..
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Imported milk from Poland is causing SA dairy farmers to suffer financially
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A dairy farmer Rudolf Burger, from Brandfort in the Free State is upset after he recently discovered a consignment of long-life milk under Woodlands Dairy’s First Choice brand, hailing from Poland at one of SA’s large retailer groups Metro. According to him, South African dairy farmers can supply enough milk to meet local demand. It..
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African Wealth Report – The richest cities in South Africa vs the rest of Africa
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New World Wealth and AfrAsia Bank have published the latest African Wealth Report, showing the levels of wealth of various African nations at the end of 2018. According to the report, South Africa is still the richest country in Africa, with the high net worth (HNWI) population of 39,200 people holding the most wealth at..
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Anti-mass immigration violence forces Nigeria to nationalize some of its SA businesses such as Shoprite and MTN
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The xenophobic attacks in Gauteng on foreigners, and the looting of their businesses have now taken on an international turn. Nigeria is considering nationalizing businesses such as Shoprite and MTN. In its latest report, Bloomberg pointed out the rough times that might await South Africa if the most popular businesses, such as MTN, might be..
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“Xenophobia” or Invasion? Eight South Africans Killed but Only TWO Foreign Nationals Dead in Recent Anti Mass Immigration Violence!
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Figures released by Ramaphosa himself begs the question: Just who is the victim here? The masses if mostly illegal aliens entering South Africa, or the locals who find their livelihoods being threatened by globalisation?
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VIDEO: The MultiCulti Melting Pot Boils Over as Civil War Erupts in South Africa, Fueled by Open Borders – Globalism Kills…
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WARNING – GRAPHIC CONTENT! The globalist melting pot of multiculturalism is boiling over in South Africa after having simmered for for decades…
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Traitor Malema Sells Out His Own People To Globalism! Just Like De Klerk, Mandela, Tony Blair, Merkel, Obama…
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Julius Malema, the deliberately controversial leader of the deliberately misnamed Economic Freedom Fighters (EFF), recently showed his true globalist colours, exposing his service and loyalty to London and Western Globalism. Speaking in response to the popular uprising happening among black South Africans, who are pushing back against the unchecked mass immigration into their country ever since the ANC obediently implemented Open Borders, through their policy of Deliberate Negligence on the border.
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Video: Organised Armed Gangs of Africans From Other African Countries Attack Black South Africans – Globalism Comes Home To Roost in South Africa
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Please stay away from Fairview. Shops are closed as shopkeepers run. It is Fair View by the fire brigade. The roads are blocked off. The video shows a gang taking pangas out of the back of a car, getting ready to go attack South Africans who are defending their patriotic rights. Commentary is in Portuguese…
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Counterfeit South African Passports Are Big Business as Other Africans Use South Africa and it’s Passport as a Gateway to Claim Asylum in Ireland & UK
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Africans love to hate the very thing they want the most. They allegedly hate colonialism, but want everything it offers. During the economic boom of Apartheid South Africa, Africans were risking their lives to get INTO apartheid South Africa and there weren’t any sprawling refugee camps on the borders of the country Africans so loved to hate. Now, apart from the destruction of the economic boom by the ANC regime, it seems little has changed – Africans are still flooding INTO South Africa, although now there is no border, so very little risk. Through a policy of Deliberate Negligence, the ANC has effectively implemented an open border policy for South Africa, much to the UN’s pleasure…
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Ever wonder why your cellphone network is having down times – Increasing battery theft at cell phone towers causes serious communication problems that will leave you without signal
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Although it is currently the MTN cellphone company that is plagued by the theft of their batteries at the towers, the other two companies can expect the same drama. MTN general manager Ernst Paul says the vandals are doing serious damage to the industry, He says the stolen equipment causes serious communication problems and the..
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