French oil company Total announced on Thursday morning that it had drilled a column of gas near the South African coast. Total says the discovery is of great importance to the South African economy, and the possibility of low grade oil is not excluded. The gas has been drilled about 175 kilometers from the south..
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Total recently found gas near the SA coast, it is highly unlikely the poor citizens of the country will benefit from this found, rather the obese corrupt civil servants of ANC regime
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Video: Is US Law Requiring That SA Be Expelled From AGOA, The Reason UK & USA “Believe” Ramaphosa & Sisulu’s Lies About Racist Land Grabs!
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The ANC’s racist land grab requires, by US law, that the USA ceases trading with South Africa according to their AGOA Trade Agreement. Could that be the reason USA and UK are forced to pretend that Ramaphosa’s racist land grab is lawful and ok? Ramaphosa’s racist land grab is clearly, patently and obviously both immoral..
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ANC slams ‘interference by imperialist forces’ over corruption warning – “We do not appreciate a threatening and bullying tone.”
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The ANC has taken aim at foreign “imperialist forces” in a strongly worded statement which condemns the US, Germany, UK, Netherlands and Switzerland for expressing concern over corruption in South Africa. The statement, released on Monday, comes in response to reports by the Sunday Times that President Cyril Ramaphosa was warned by the five world..
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The honeymoon is over Ramaphosa, time to apply law and order – State capture can ruin SA financially and run the risk of losing over $ 100 billion in investments
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South Africa can suffer a huge loss if the ANC president, Cyril Ramaphosa, does not make sure that the people involved in the state capture are punished. The warning comes from the United Kingdom and America who both undertook to bring investments to the country if the Ramaphosa government can prove that it will apply..
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How ironic, traitor now wants to become a knight in shining armour – Roelf Meyer who was part of the negotiation process to sell out SA to ANC now wants to save SA
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It is ironic that the man, Roelf Meyer, who sold out the country in the negotiation process, is now reportedly back to save SA’s economy. The PPGI (Public Private Growth Initiative) is a creation of Roelf Meyer and Johan van Zyl (CEO of Toyota) and has submitted submissions to the government on how the private..
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Eskom is going to destroy SA if it continues with unreasonably tariff increases, which is a 45% increase for consumers over the next three years just to maintain its pathetic management style
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If Eskom goes ahead with its unreasonable tariff increases as it plans, the South Africa’s economy will be destroyed. The struggling economy of South-Africa is already on shaky legs and can be forced into a deeper hole with unreasonable tariff increases from the national power utility entity Eskom. The gold industry will be destroyed if..
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Netcare intends to retrench more than 500 staff in an effort to limit spending due to poor economic conditions in SA – Many families will be affected due to the ANC regime’s negligence in managing the country efficiently
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The hospital group, Netcare, is planning to retrench more than 500 employees in an effort to limit spending due to economic downturn. Netcare’s Ramasela Mokonyama confirmed that retrenchments will be made and that notices are being sent to staff passing them information on the intended action. Personnel dealing with patients are not affected, but retrenchment..
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The ANC targets Reserve Bank mandate, they want a more flexible monetary policy
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A review of the SA Reserve Bank mandate features in the ANC’s election manifesto, which brushes off the push for nationalisation, but instead drives for a more flexible monetary policy.
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ANC has decided to simply” expropriate “ordinary South Africans’ savings to save state-owned enterprises – ANC has your pension in sight to try to save sinking Eskom
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Economists have issued a serious warning as they fear public pension funds will be used to fill Eskom’s massive black debt gap. Mike Schussler shares other economists’ fears and says that such rumors have been around for 11 months. Eskom’s debt burden may rise to R600bn over the next few years, and businessmen reckon Eskom..
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How nice this is, while the majority of the citizens in the country lives in poverty councillors across SA is set to receive generous salary increases
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More than 9 000 councillors in the country are set to receive a salary increase. This has emerged in a notice published in the Government Gazette last month in which Co-operative Governance and Traditional Affairs Minister Zweli Mkhize determined the upper limits of the salaries, allowances and benefits of all categories of councillors. Mkhize said..
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One of the main reasons why the country’s economic situation can worsen further in 2019 is because the Treasury is in the hands of Africans – of the 55 chief directors there are only seven white men and ten white women
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The Treasury has released dreadful news in a report indicating the breakdown of chief directors at the department. Figures by Tito Mboweni indicate that of the 55 chief directors there are only seven white men and ten white women. The other posts are filled by 25 black men and women, six coloured’s and seven Indians…
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Tons of gold illegally mined from land smuggled out of South-Africa during state capture in the period of the Zuma-administration
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Tons of gold mined illegally was smuggled out of South- Africa during the state capture. In the course of 2012 to 2015, more than 34 metric tons of gold went to Dubai in the United Arab Emirates, which did not reflect in the SA trade account. The information was announced by the Global Initiative Against..
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With SA’s economy unable to grow by 1% under the current dispensation, Finance Minister’s new plans will also fail
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Finance Minister Tito Mboweni has invested a huge meeting of so-called experts to come forward with new plans to reverse the country’s decline. The event presented at the Reserve Bank Conference Center began with Mboweni’s explanation aimed at requesting experts to propose new models that will boost the economy. He says the ANC cabinet has..
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Boycott South African Airways – Here’s why!
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Boycott SAA because it wastes R5 billion annually. That could fund 120 000 university students, 50 000 RDP houses, 10 (300-bed) hospitals, 300 schools, or 30 000 police. It is your patriotic duty to do so. If you are unpatriotic, it is your ethical duty. If you are unethical, it is your familial duty. If..
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The DA vow to jail Jacob Zuma “for 15 years” if they win the 2019 Elections, maybe it its just an elections tool.
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Could Jacob Zuma be jailed until he turns 90? A proposal made by the DA ahead of the 2019 Elections has revealed how long they believe JZ should spend behind bars.
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