Unfortunately for the SABC, and its large low-level employee base, the government is now taking a hard-line approach to bailouts.
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Another bottomless-pit namely the SABC, were given three months to live as government cuts cash injections
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Former adviser has encouraged the South African government to bailout ESKOM (the-bottomless-pit) otherwise load shedding will just continue
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The South African government needs to “bite the bullet” and bail out struggling state-run power firm Eskom, which has asked for R100 billion in government support, the chief executive of Rothschild & Co in South Africa told Reuters.
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Rolling Blackouts in South Africa Because Treasonous ANC Regime Sells Best Coal To China and Uses Proceeds Elsewhere?
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Despite, (or thanks to Billions in foreign investment in Eskom), 7.2 Million tons of SA’s best coal is destined for China from Richards Bay Harbor while South Africans suffer under rolling blackouts. 36 Chinese ships are waiting for coal to be loaded in Richards Bay Harbour. Each ship takes about 36 hours to be loaded with 200,000 tons of coal per ship average. The coal is Grade A anthracite.
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BREAKING NEWS:- Leaked report: The application of land expropriation without compensation
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According to the leaked report, the ANC has deployed a land expropriation task team which is currently formulating legislature in anticipation of Constitutional amendments.
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R7 billion Durban upgrade project in harbor stopped due to fraud
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A large part of the upgrading project of the Durban Harbor’s container terminal has been discontinued due to alleged tender fraud. In addition, there is apparently also shining BEE and conspiracy between Transnet employees and suppliers. An independent forensic investigation is currently underway in the companies to whom tenders were granted. An Italian company, CMC..
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Shocking news, Eskom’s big coal whopper and they would like to point the finger to you the consumer for using too much electricity
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There is no shortage of coal, as Eskom claims. Instead, the coal is piling up at the mines, uncollected by the utility, Anna Marth Ott, CEO of Middelburg Chamber of Commerce and Industry, said yesterday.
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So the Gupta’s are of the hook, the NPA says “There’s outstanding evidence that’s not in our jurisdiction” in regards to the Estina dairy case
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The NPA says it will reinstate charges when it has evidence. The National Prosecuting Authority (NPA) has provisionally withdrawn its case against 11 accused who were allegedly involved in the Estina dairy farm case.
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Kusile and Medupi power stations do not deliver planned 780MW at the moment, while loadshedding is currently being utilized all over South-Africa – Somebody is definitely making some money from Eskom while we are suffering
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A forensic investigation is under way at Kusile and Medupi power stations. The planned 780MW power output that was supposed to occur at the two stations are not happening while loadshedding is implemented throughout South-Africa. If truth to be told, it was recently discovered that contractors’ sub-standard work has submerged at these two stations. The..
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Give this man a Bell’s:- Historian Robin Binckes blasts Malema: ‘You’re a fraud and a con’ (letter included)
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Economic Freedom Fighters (EFF) leader Julius Malema has ruffled many feathers lately, sparking intense criticism from some quarters.
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ESKOM is in a pathetic state, now Gordhan takes control of the situation at Eskom, so senior managers need to cancel their leave
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Pravin Gordhan, Minister of Public Enterprises addressed major concerns at a media briefing on Eskom today.
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This is a very expensive item, let’s have a look at how much is Jacob Zuma’s retirement costing the South African taxpayer?
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Although Jacob Zuma has resigned from his position as president he still enjoys numerous benefits from his presidential career. Briefly takes a look at how much the South African taxpayer forks out to pay for Jacob Z’s golden years.
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Over 1,000 Rhinos Poached Every Year as SA Government Struggles to Implement it’s Own Ban or Find a Solution
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TRADE OF RHINO HORN, GOING FORWARD. The recent Constitutional Court dismissal of the Department of Environment’s appeal to keep the ban to trade in rhino horn in place, has become a very controversial subject. The South African government is struggling with a rhino poaching crisis and their attempt to achieve a solution has only seemed to worsen the crisis.
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R27 million of taxpayers money missing in thin air and now KZN’s traditional councils can’t explain how and where it went
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KwaZulu-Natal’s traditional authorities have failed to account for more than R11-million in levies collected by the province’s amakhosi from their subjects during the past financial year.
They were also unable to account for more than R15-million in property under their control, according to the 2017-2018 annual report of the Traditional Levies and Trust Account.
The report was submitted to the KwaZulu-Natal legislature this week by the MEC for co-operative governance and traditional affairs, Nomusa Dube-Ncube.
Co-operative governance MEC Nomusa Dube-Ncube said the audit was disappointing. (Mandla Mkhize)
Poor accounting systems and a strike by the secretaries of the province’s tribal councils resulted in the auditor general’s office issuing a qualified audit outcome against the entity.
The more than 350 secretaries, who receive a government stipend of R1 600 a month, want the department to pay them R12 000 instead, which the co-operative gover
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Poor governance and corruption in the ANC regime is the main reason why many state institutions face bankruptcy, just take SABC into consideration who needs R3 billion before March 2019 to pay salaries and debt
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At least two councillors from the SABC have resigned. The Board has given notice to the presidency that three councillors resigned and all inquiries are referred to the presidency. This follows after alleged retrenchments by the Council and in combat with the newly appointed Minister of Communications, Stella Ndabeni Abrahams. There was a situation and..
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Do you want some money?? Go to the EFF:- Floyd Shivambu used VBS money for flat
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More than R400 000 of illicit VBS Mutual Bank funds was used by Brian Shivambu, brother of Economic Freedom Fighters (EFF’s) deputy president Floyd, as a deposit to purchase a R2.7-million townhouse in Fourways, Johannesburg.
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