The world-renowned De Beers Company is having an uphill battle in the world of diamond sales while the global economy looks less rosy. With its seventh sales for the current year, it is already clear that the huge $1 billion drop in sales is indicative of a general slump in the diamond industry. However, De..
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Diamond sales at a record low $1 billion drop for current year
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ANC-regime drowning in debt -, domestic debt burden exceeds R7 billion and all this for SOE bailouts
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The ANC government is drowning in debt, and its domestic debt burden is a disgrace that is inexcusable but also remains unacceptable. The state owes businessmen in the country more than R7bn, and the foreign debt burden causes the country to receive junk status. Gauteng is believed to be the biggest offender with a debt..
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Nashua’s CEO resigns and plans to emigrate – He is one of hundreds of senior executives leaving the country because of government’s discriminatory measures to harm whites in the workplace
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Mark Taylor, Nashua’s Chief Executive Officer and CEO of Reunert, resigned from both positions in preparation for his “departure” from the country. His resignation at Reunert as head of the Information Communication Technology Division comes into effect on October 1, 2019. He plans to emigrate in 2020. Taylor has worked in executive positions at Nedbank,..
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Liquidations on the rise in South Africa – number of liquidations increased by 13.7% during the first seven months of 2019 with 183 business liquidation recorded in July
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South Africa recorded 183 business liquidations in July 2019, representing a 24.5% rise from 147 liquidations recorded a year ago, according to StatsSA. The stats body said that 1,198 liquidations were recorded so far this year (January to July), higher than the 1,054 recorded in the same period last year. The report found that the..
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“Untouchable” BOSASA CEO dies in car crash – case of culpable homicide has been opened
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CEO of controversial company Bosasa, now African Global Operations, Gavin Watson (73) died on Monday in a car crash. The crash happened close to OR Tambo International Airport. While the police have not released the identity of the man as they are waiting to notify his next of kin, Eyewitness News has learnt that it..
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Unprovoked Assault in Spar at Schweizer – Time To Boycott Retail Stores That Don’t Guarantee Shopper’s Safety?
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#BlackPrivilege If someone is in your way, you say “excuse me please”. This attacker was arrested and the victim did lay a charge.
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Huge Disparity in Cost of Cancer Treatment – A year’s supply of cancer medicine cost less than R32,000 in India, but costs R882,000 in South Africa!
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Despite having a good medical aid, Pinetown resident Hennie Botha, 52, is facing mounting debt of thousands of Rands because of the cost of his cancer treatment. He is not alone: the exorbitant cost of treatment for cancer in South Africa is way beyond the reach of most citizens.
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VIDEO: Jacob Zuma Still Can’t Count! Is Zuma Deliberately Fumbling To Avoid Questions at Zondo Commission?
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A new Jacob Zuma fumbling video has gone viral of him battling his number one enemy – numbers! It is an embarrassing yet well known fact that numbers are former president Jacob Zuma’s number one enemy. A video of the politician fumbling over digits at the State Capture Inquiry has gone viral.
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VIDEO: Liberalism At Its Finest: Materialism, Consumerism, Ego, Drugs, Guns & Real Bullets in the Coloured (Mixed Race) Heartland of Socialist South Africa
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Three cheers for Mandela’s Rainbow Nation, taught in schools around the world as a shining example of Liberalism. What they won’t teach the kids though is that things have got so bad in the Socialist ANC’s South Africa, that the regime has had to send their poor excuse for an army in, to quell the gang warfare in the Western Cape. The Gangs, who control the Cape Flats, however responded saying they do not fear the South African National Defense Force (SANDF). The response from the gangs, not only reveal just to what extent the SA Police Force is impotent, corrupt and not fit for purpose, but also how the army is also not fit for purpose and has in fact been turned into a huge medical aid scam by the ANC, as 70% of the army have AIDS, meaning taxpayers are paying for their medical bills…
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Africa Still Struggles To Mine Its Own Gold – Tanzania Gives Chinese Licence To Build Refineries, Smelters and Mines
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Africa’s fourth-biggest producer of gold, Tanzania, has awarded licences to China to construct a mineral smelter and two gold refineries. The Tanzanian government seeks to generate more revenues from the nation’s mining industry.
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More than 12,000 jobs in poultry industry can be lost – SA industry was harmed by ANC regime when tons of frozen, poorer quality chicken carcasses where imported from USA
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The poultry industry is facing a new crisis that could cause more than 12,000 jobs to be lost in the industry. The SA Poultry Association is accused of having employed a so-called “gate-waiting” strategy when applying their 82% tariff increase to poultry imports. The application was sent to the International Trade Administration Committee, which has..
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Rothschilds the new Guptas? – Rothschild family accused of preying on South Africa’s state-owned enterprises
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South African unions have joined forces to take on the Rothschild family, which they have accused of being involved in attempts to ‘capture’ the country’s SOEs (State Owned Enterprises). According to the Citizen tabloid, the NUMSA (National Union of Metalworkers of South Africa) and the SACCA (South African Cabin Crew Association) released a joint statement,..
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Blame Everyone But Themselves: NUMSA Now Blames Rothschild’s, “The New Guptas”, for Problems at Embattled SAA & State Owned Enterprises!
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If there is one lesson communism has taught the world, but which the world has refused to learn, it is that when someone else’s money runs out, someone else gets the blame. The Rothschild’s, who are conveniently white, as all evil perpetrators should be in South Africa, are now accused of preying on South Africa’s state-owned enterprises. South African unions have joined forces to take on the Rothschild family, which they have accused of being involved in attempts to ‘capture’ the country’s State Owned Enterprises (SOEs).
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Corruption Watch researchers in Durban:- Blatant bribes for driver’s licences
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Durban – A wink, a nod and a couple of thousand rands will buy a driver’s license – it’s no secret, even though it has a major impact when it comes to counting the loss of lives on South Africa’s roads.
The Independent on Saturday team went undercover to investigate what a Corruption Watch researcher said was standard practice to pay a bribe, and prospective drivers were almost guaranteed to fail if they could not or were unwilling to pay.
The team found blatant bribery at three KZN RTI (Road Traffic Inspectorate) centres.
Responding yesterday, “gravely concerned,” Transport Minister Fikile Mbalula said with President Cyril Ramaphosa’s undertaking to fight corruption at all levels, such illegal activity would “not be tolerated in any way, shape or form”.
He added that the RTMC national traffic Anti-corruption Unit was currently working with police and the SIU (Special Investigating Unit) to root out and clamp down on such practices.
Our t
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The Road Traffic Inspectorate refused to attend N3 truck attacks because they are not paid for callouts
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Over and above their overtime, Road Traffic Inspectorate (RTI) officers used to be paid for callouts to emergencies but the introduction of a new rule on overtime has put a stop to that resulting in minimal to no staff available to attend serious incidents.
This was revealed in a report by The Witness in which RTI is alleged to have known about the imminent violent attacks on trucks at the weekend, but did not put enough officers on the roads because of the clampdown on overtime pay.
The recently-introduced rule says that officers cannot exceed 520 hours of overtime a year. Previously, officers would get paid for callouts to emergencies over and above their overtime payments.
But now there are concerns that there will not be enough officers available for emergencies — especially on weekends.
40 RTI Officers dropped
The report claims that more than 40 officers at the Pietermaritzburg RTI office alone were dropped from the roster for the
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