The automotive manufacturing giant, Volkswagen SA, decided to invest R86 million for the development of black automotive suppliers in South Africa. The Black Economic Empowerment Trust Fund, which is regarded as the largest private transformation fund in the South African automotive industry, has already invested almost a quarter of its investable capital in black businesses…
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Automotive manufacturing giant, Volkswagen SA invests R86 million exclusively in Black Economic Empowerment
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BREAKING NEWS:- Load shedding likely to return this week, “high risk” of blackouts forecast
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The spectre of load shedding is set to haunt South Africans again this week, as Eskom reveal that there’s a “high risk” of power cuts over the next few days. Pravin Gordhan, Jabu Mabuza and a team of Eskom executives vowed to keep the lights on throughout winter last week. Their guarantee made it five..
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One of the biggest construction companies in the country, is having a knock-on effect on hundreds of subcontractors
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The collapse of Group Five the biggest construction company who are owed millions of rand to subcontractors may have to close down. In 2016 Group Five was one of seven construction companies who were collectively fined R1.4 billion for their collusive practices in the construction of South Africa’s World Cup stadiums. Group Five’s collapse could..
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With (the bottomless pit) Eskom in financial trouble and the supply of electricity might be problematic in the future, you now need to start banking water like money
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Water shortages could be the next crisis to hit your home and business. What can you do about it now? The old saying “spend money like water” may soon be “spend water like money”. Having an Abeco Tank is like having a water savings account. You bank water in the same way you bank excess..
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Cyril, are you the next Robert Mugabe, you might not like to compensate white farmers and don’t care if we are murdered, but, you need us in order to feed your people:- Thousands of white farmers to receive compensation for land in Zimbabwe
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It’s a historic day for thousands of white farmers in Zimbabwe: The government have agreed to compensate landowners affected by land reform policies. Zimbabwe’s Finance and Agriculture Department have confirmed that they have begun the process to compensate the white farmers who were dispossessed of their properties, following the brutal implementation of land reform policies..
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Dear Cyril, this is what happens when you compensate for land and businesses, but damn, you guys just can’t farm – Chicken farms bought by eThekwini for R15m left barren
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The farms bought by the eThekwini Municipality from Rainbow Chicken two years ago to save and create jobs have been left barren. The city spent R15million on the acquisition of Uitkomst and Doornrug farms in Cato Ridge when Rainbow Chicken, which has since been renamed RCL Foods Limited, announced the sale of their farms due..
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And so the battles begins between ‘comrade’ and ‘comrade’ – “Bring it on, insult me, bloody crooks,” EFF MP tells Juju and Floyd
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Thembinkosi Rawula took to Facebook and seemingly chose to air the EFF’s dirty laundry publically. Thembinkosi Rawula, an EFF MP who has been omitted from the latest representatives list, didn’t pull any punches when he branded Julius Malema and Floyd Shivambu as “bloody crooks”. “I endured the past four years for convenience, and the only..
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The DA burned e-toll documents yesterday, but the Small Business Development Minister tells road users to pay up if they want world-class highways, yeah right as if that is going to happen, they just want to pocket the money
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The e-toll system is back in the spotlight after roads agency Sanral decided to suspend pursuing the collection of outstanding fees in Gauteng. Small Business Development Minister Lindiwe Zulu says that road users need to pay for infrastructure if they want world-class highways but has questioned the current payment method used to collect monies. The..
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The Organisation Undoing Tax Abuse lays the blame on the government for petrol price increase, and we all feel the same way, the ANC GOVERNMENT ARE USELESS, but be warned, you might get a surprise with in the next two months
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Ten years ago, it was a lot easier to own a car than it is now. The Organisation Undoing Tax Abuse (OUTA) has pointed the finger to the government’s maladministration and mismanagement as the reason behind April’s petrol price increase. The organisation’s portfolio manager for energy, Ronald Chauke, revealed that we would be paying much..
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What a big booboo by Cyril:- SA borders ‘need to be open for Africans to move freely and to promote business’, and what business will that be Cyril, more white farm murders, stealing, robbing and violence, OR are you playing the New World Order game!
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South Africa’s borders need to be open for people – particularly Africans – to move more freely and to promote business, President Cyril Ramaphosa has said. He also reiterated the need for a single currency on the continent. Ramaphosa told journalists following a summit on the African Continental Free Trade Area on Wednesday that “the..
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Whites farms and property are being expropriated but don’t you dare touch the ANC’s land:- ANC top leaders own large farms, which they have refused to expropriate and hand over to poor blacks
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Top leaders of the ruling ANC own large farms which they are not prepared to expropriate by are ready to take land belonging to white people. Expropriation means the act of a government in taking a privately-owned property, ostensibly to be used for purposes designed for the benefit of the overall public. The concept of..
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Ted Blom vs. Eskom vs. Pravin Gordhan:- Here’s how Eskom plan to get rid of load shedding this winter, or is all of this just a ‘little white lie’
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Is this mission impossible, or can the problems at Eskom be fixed during the winter? Here’s how the power giants plan to banish load shedding for good. Pravin Gordhan has sniffed an opportunity to get Eskom back on the right track. At a media briefing on Wednesday, he cut a different figure from the man..
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A new law could soon see South Africans jailed for lying on their CV, well I see less Politicians in the Parliament
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Think before you get creative with the truth on your CV: The government are now one step closer to bringing in harsher penalties for “dishonest applicants”. The National Qualifications Amendment Bill is not here to play, ladies and gentlemen. The adjustment to the existing legislation comes with some pretty stern updates, which aims to clamp-down..
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Here are the obscure and the infamous Political Parties, the ‘shopping list’: All 48 parties contesting the 2019 Elections (video)
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The Electoral Commission of South Africa (IEC) has confirmed that there will be a record number of political parties contesting the national ballot paper on Wednesday 8 May, as the public make their voices heard for the 2019 Elections. There are 48 organizations vying for the vote in all nine provinces. Of course, all the..
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President Trump sends US officials to investigate land expropriation in South Africa
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A number of US officials visited South Africa at the request of President Donald Trump as part of an investigation into the country’s land expropriation process. Trump raised eyebrows in 2018 after he tweeted that the South African government was ‘seizing land from white farmers’. Trump asked his secretary of state, Mike Pompeo, to study..
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