Jacob Zuma and his buddies in the ANC might be impressing Julius Malema’s Economic Freedom Fighters supporters with talk of radical economic transformation to slay the imaginary beast of white monopoly capital. But their rhetoric, together with seemingly endless revelations of corruption, is sending foreign investors to distant climes. This worrying development is highlighted in..
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#Zupta Penalty: Foreign Investors Pull Plug On South African Investments. SONA Penalty Next?
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Zuma: We are not racist when we say whites own land
Addressing land ownership in South Africa does not make the government racist, President Jacob Zuma said in his reply on Thursday to MPs who had debated his State of the Nation address (Sona) earlier this week. Zuma was speaking inside the National Assembly in Parliament, where his comments on land reform were met with applause…
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Eskom Customers will be Paying Twice for their Electricity due to “The African Way”
The civil rights organisation AfriForum is worried that municipalities that owe Eskom money will have consumers coughing up to pay off these debts. AfriForum will therefore introduce a project today in 102 AfriForum branches country wide to empower communities to provide input regarding the drafting of municipalities’ integrated development plans (IDPs) and concept budgets. This..
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ANC plans ‘constitutional revolution’ on land
The government is planning a “constitutional revolution” to fast-track land reform, including considering expropriation without compensation. The ruling party also wants land reform to include restitution for “precolonial dispossession” before the 1913 Native Land Act came into force, and a cap on the amount of land an individual can own. With most South African land..
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The nuts and bolts of radical economic transformation
At President Jacob Zuma’s second inauguration, he vowed that economic transformation would “take centre stage” during his last term of office. He promised that “the structure of the economy will be transformed through industrialisation, broad-based black economic empowerment and through strengthening and expanding the role of the state in the economy”. That the economy would..
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South Africa In Economic Breakdown: Zuma’s Grim Legacy In Charts – But His Friends Are Having Fun
Jacob Zuma South Africans have become accustomed to heaving a collective sigh of relief as ratings agencies continue to stave off a ratings downgrade. But, South Africa’s ratings have moved close to sub-investment grade with President Jacob Zuma at the helm, as the graphs below indicate. The rand’s value has declined steadily, too, with a few..
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The Truth And Lies Of Zuma’s SONA 2017
Amidst unprecedented security measures, South Africa’s President Jacob Zuma delivered his tenth State of the Nation Address on 9 February 2017. We fact-checked his speech. Claim: “To date, nearly 7 million households have been connected to the grid and now have electricity.” Verdict: Correct South Africa’s development indicators showed that 6,340,321 households had been connected..
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DA, EFF slam Zuma deployment of SANDF to Sona
The Democratic Alliance and the Economic Freedom Fighters have condemned President Jacob Zuma for deploying 441 members of the South African National Defence Force to “maintain law and order” at the president’s State of the Nation address (Sona) on Thursday. The DA and the EFF released statements on Tuesday night immediately after the presidency had..
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A MUST READ: Zuma’s Secret Blueprint For Total Power – Lily Gosam
An ambitious plan to redraw provincial boundaries, control the treasury and conclude mega-deals to keep the ANC under Zuma control was hatched * Lily Gosam is a pseudonym INTRODUCTION In 2009 [president] Jacob Zuma secured the highest office in the land, in large part due to the composition of South Africa’s 1994 provincial map. And..
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NASPERS’ (News24) cash cow, the Chinese tech giant Tencent, slammed over corporate sexism and simulated oral sex leak.
NASPERS owns a 34% stake in the Chinese tech giant Tencent, which is responsible for increasing NASPERS’ market value tenfold in the last decade. The company is facing a massive backlash after footage of a lewd party game at one of its annual events was leaked online showing female employees simulating oral sex on stage…
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Sudan’s secret “Blue House”, where Africa’s Savage Way slowly kills 30 political prisoners who don’t officially exist
Retired SANDF colonel jailed for four months in Sudan without charges A retired South African army colonel who served as an advisor to South Sudan’s rebel leader Riek Machar has been jailed in a secretive prison in Juba since August. He is now near death from starvation, and his family back home accuse South African..
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How many Atheists have given or received Christmas gifts today? Merry Christmas for the year 12,016!
It is safe to say that with the commercialisation and monopolization of Christmas, the majority of atheists or non believers partook in the Christmas celebration in some form or another. The need to believe in something is a basic fundamental human function and trying to pretend you believe in nothing is like saying you do not have..
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Paul O’Sullivan: Good News South Africa, Zupta State Capture Dominoes Starting To Fall
Forensic consultant Paul O’Sullivan, in his new partnership with AfriForum, has concluded a lengthy investigation into the way that President Jacob Zuma and his crony capitalist partners the Guptas “captured” South Africa’s criminal justice system. He also has some good news: the dominos are starting to fall and, O’Sullivan says, new brooms will sweep away..
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Zuma’s Treasonous Alliance With The Guptas
What the ANC has not confronted is that their president is the very instrument of state capture — and this story shows it. ANALYSIS The story we publish today in our view contains all the evidence needed to sustain a prima facie case of money laundering. This is a crime that involves concealing the origins..
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This Is What May Be Next For South Africa Under Zuma
Now that president Jacob Zuma has survived the latest attempt to get him to step down as president, several scenarios lie ahead for the South Africa – none of which are particularly great for the country. This is according to the research analyst at Nomura, Peter Attard Montalto, who in a note to investors on Tuesday..
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