Ramaphosa is surprised and shocked. But in 2 years of his presidency not one single person has been charged in connection with the hundreds of billions of Rands looted from places like Eskom under Zupta rule and before that under the ANC. The ANC is the most brilliant thieving organization in the world but the..
Continue reading…
Ramaphosa: “Surprised and shocked” – Repeats the excuses of the last twelve years on Eskom – ANC is the most brilliant thieving organization in the world but the most useless when it comes to governing
Posted on Leave a comment
THIS Video Will Make ALL South Africans “The Moer In!” – SA has been plundered for an entire century, and still is…
Posted on Leave a comment
For an ENTIRE Century, South Africa has been the World’s Largest Gold Producer, by far and bar none! SA has also been in the Top Diamond producers. How much is it and where has it all gone?
Continue reading…
With love from the incompetent ANC-regime – 28,000 jobs lost in Q3, unemployment in the SA stands at around 29.1%.
Posted on Leave a comment
Stats SA says South Africa lost 28,000 jobs in the third quarter compared to the quarter before. It has released its third quarter employment figures but shows that 78,000 jobs were actually created compared to the same quarter last year. Unemployment in the country stands at around 29.1%. Stats SA said that losses were seen..
Continue reading…
Consumer inflation rate is now at its lowest level in nine years
Posted on Leave a comment
The alleged drop in the consumer inflation rate, which is now at its lowest level in nine years, is called into question by many economic experts. Although the decline has been welcomed by some agencies, consumers say the decline is certainly not credible as food, fuel and clothing prices are constantly rising. However, the South..
Continue reading…
Load shedding due to poor workmanship at failed Medupi power plant, though Ramphosa points finger at sabotage
Posted on Leave a comment
The Phase 4 load shedding forced on South Africa this past week is attributed to poor workmanship with the erection of the Medupi power plant, which was initially highly praised by the ANC government. The power plant has caused so many problems in the past week that the Eskom management had to take the load..
Continue reading…
SA mining houses are closing one after the other due to Eskom load shedding
Posted on Leave a comment
South Africa’s mining houses close one after the other because it has become too risky to let their workers work underground during load shedding. It costs billions of rand to stop underground mining activities and still have to pay workers even though there is no production for the whole week. Economists point out that Eskom..
Continue reading…
Cyril rushes back to Eskom and cuts visit to Egypt short amidst electricity crisis which holds serious economic consequences for SA
Posted on Leave a comment
Opposition parties expressed their dismay when the ANC president, Cyril Ramaphosa, went to Egypt amidst #rollingblackouts occurred all over South-Africa this past week. He had to cut his less important visit to short and returned to South Africa to talk to the heads of Eskom about the crisis load shedding has on the finances of..
Continue reading…
Dumb Twit!! SA will overcome load shedding like apartheid, says Ramaphosa
Posted on Leave a comment
President Cyril Ramaphosa says the energy crisis currently faced by the country will soon come to an end. South Africans have expressed frustration, as Eskom battles to keep the lights on with stage 4 load shedding currently in place and was expected to last until 11pm. Ramaphosa, speaking in Sharpeville on Thursday in his Human..
Continue reading…
Petra Diamonds halts SA mining operations over power cuts – Eskom will be to blame for the downfall of SA’s economy
Posted on Leave a comment
Petra Diamonds has confirmed it received a notification from Eskom, asking it to reduce its load to the essential level. As a result, it has announced it’s in the process of halting its mining operations in South Africa. Petra Diamonds said all production, hoisting and processing have stopped with immediate effect at its operations in..
Continue reading…
ANC regime has driven SA to junk status – GDP drops by 0.6% in 3rd quarter – SA is going to struggle to get rid of its economic crisis
Posted on Leave a comment
The financial decline that continues in South Africa has given the business sector reason to become more concerned about future business activities in most business areas. Gross Domestic Product (GDP) declined by 0.6% in the third quarter of 2019, according to the Statistics Service’s report. Calculated on a year-to-year basis, this is seen as a..
Continue reading…
Debt ridden Eskom shutting down power plants it can’t afford to fix and increasing the risk of #rollingblackouts- We can thank the incompetent ANC-regime for this!
Posted on Leave a comment
Eskom has permanently shut down several power generation units at older power stations due to its inability to fix them, the Sunday Times reports. This decision has cut the power utility’s available electrical capacity to meet demand, which may increase the risk of load-shedding going forward. Eskom said that the old power generation units at..
Continue reading…
Holidaymakers will now have to pay more for that long-awaited holiday due to rise in fuel prices
Posted on Leave a comment
The holiday has already begun for many, and will have to pay more for petrol and less for diesel from Wednesday. Petrol increases by R0-11 per liter for 93 as well as for 95 degrees, but diesel decreases in price by R0-18 and paraffin decreases by Ro-21 for December month. Economic experts say the rise..
Continue reading…
Unclaimed pensions amount to R51 billion – wonder if the money hungry ANC regime will lay a claim on it?
Posted on Leave a comment
Workers are often unaware that they have certain pension benefits that must be paid to them upon leaving work. As a result, unclaimed amounts are already worth billions of Rand, which is estimated to be as much as R4 billion accumulated in two unions. It seems that a total of more than R40 billion has..
Continue reading…
Farmer Cyril is also affected by poor economic conditions – 22 of his 46 workers are laid off
Medupi with erection costs of R234 billion is still not functioning optimally due to poor construction and inexperienced workers
Posted on Leave a comment
President Cyril Ramaphosa makes an official visit to the Medupi power plant in the Northern Transvaal, which, after years of construction, still does not function properly. The ANC president apparently wants to do “inspection” at the poorly constructed power plant that fails to supply its supposed capacity. The visit comes as the whole of Eskom..
Continue reading…