Economy

 

You whites will lose everything,’ Malema tells bankers

Posted on 7 Comments

Success is associated with whiteness, EFF leader Julius Malema said at a Rand Merchant Bank event yesterday. If white people can’t see this, and if they don’t help to solve the country’s problems, they will end up “with nothing”, he added. Malema, who was accompanied by EFF deputy president Floyd Shivambu, told the delegates that..
Continue reading…

Enjoyed this post? Share it!

 
 

Dysfunctional ANC Municipalities Yet Protests Target Efficient DA-Run Metros

Posted on Leave a comment

Cynical, selective geo-political protests around pit toilets and service delivery have targeted the DA which, wherever it rules afresh or more recently, comes under ANC-inspired attack. This is in spite, or perhaps because of, the newly-muscled party, now ruling the most important metros in the country, having uncovering breath-taking corruption and dysfunction wherever it took over. Not only that, says..
Continue reading…

Enjoyed this post? Share it!

 
 

Threat To South African Democracy Runs Deeper Than State Capture – Sociologist

Posted on Leave a comment

CAPE TOWN — We’ve got it mostly wrong, argues Benjamin H Bradlow, a sociologist from Brown University, who has made South Africa his pet project. That’s because all local political parties and social movements believe – like the Zuptoid ruling cadre – that State institutions must be captured for state action to achieve a desired goal. It’s..
Continue reading…

Enjoyed this post? Share it!

 
 

These Charts Show The Dire State Of South Africa’s Economy

Posted on Leave a comment

There Is Bad News All Around. There is not an awful lot of good news about. And every time we battle to pull off some improvement, government tends to score an own goal. Witness the exchange rate’s reaction and JSE selloff over the past few days following the Mining Charter ‘announcement’ as well as the..
Continue reading…

Enjoyed this post? Share it!

 
 

Are you aware of The Riot Act – Malema reads this Act to property owners !!

Posted on Leave a comment

“The land is everything.” This was Economic Freedom Fighter Julius Malema’s unequivocal message to the South African Property Owners Association when he addressed the conference under the theme “disruption” at the Cape Town International Conference Centre on Wednesday. In a no-holds-barred speech, Malema scolded the property owners for not doing enough to change property ownership..
Continue reading…

Enjoyed this post? Share it!

 
 

Revealed! Bell Pottinger Got R5.5m For One Weekend To ‘Help’ ANC, MK In Anti-White Campaign

Posted on Leave a comment

EDINBURGH — It doesn’t get much lower than stirring up racial animosity in the country with the legacy of apartheid hanging around its neck. South African society is riven with tension. After Nelson Mandela, emeritus Archbishop Desmond Tutu and others ensured a relatively peaceful transition to democracy, all the hard work has been rapidly undone…
Continue reading…

Enjoyed this post? Share it!

 
 

South Africa The Only Major Economy In The World In A Technical Recession

Posted on Leave a comment

Of the major economies around the world, South Africa appears to have the worst performing economy of recent times. This is according to data spotted by trader and researcher Dwaine van Vuuren. Earlier this month, Stats SA announced that South Africa had entered a technical recession with two consecutive quarters of cnegative growth. Poor leadership, downgrades and a generally downbeat economy have worsened..
Continue reading…

Enjoyed this post? Share it!

 
 

Concourt asks for a ‘bad faith’ enquiry on Dlamini and social grants.

Posted on Leave a comment

The Constitutional Court on Thursday declined to hold social grants minister Bathabile Dlamini personally liable for legal costs in the social grants fiasco – for now. Instead it ordered a legal inquisition of sorts centred on whether she had misled the court, a process that could still force her to pay legal costs out of..
Continue reading…

Enjoyed this post? Share it!

 
 

Markets Bloodbath As Zwane Shocks Mining Sector

Posted on Leave a comment

Mineral Resources Minister Mosebenzi Zwane. (Pic: Gallo Images) There was a bloodbath on the floor of South Africa’s markets on Thursday, after Mineral Resources Minister Mosebenzi Zwane announced a new stringent law that will force mining firms to restructure their ownership to ensure they have 30% black ownership within 12 months. The rand dived by..
Continue reading…

Enjoyed this post? Share it!

 
 

The One Hundred Million Victims of Communism Remembered at 10th Annual VOC Roll Call of Victim Nations

Posted on Leave a comment

Embassies & Human Rights Organizations joined VOC to remember The One Hundred Million Victims of Communism on June 9th, when a record number of twenty-three embassies and thirty-four ethnic and human rights organizations joined hundreds of participants for the 10th Annual Truman-Reagan Medal of Freedom & Roll Call of Nations Wreath-Laying Ceremony, at the Victims..
Continue reading…

Enjoyed this post? Share it!

 
 

Survé, Guptas Imitate Ethos, Practices Of Apartheid Newspapers

Posted on Leave a comment

CAPE TOWN — One of the most attractive things about the Fourth Estate is that it manages to equalise the otherwise deeply skewed power balance between billionaires and politicians, and humble, hard-working, honest scribes who can take them on, blow for blow. In the battle for hearts and minds, bent and manipulative politicians and captains..
Continue reading…

Enjoyed this post? Share it!

 
 

REPORT – Motsoeneng found guilty in SABC internal disciplinary hearing!!

Posted on Leave a comment

Former SABC chief operating officer Hlaudi Motsoeneng has been found guilty in an internal disciplinary hearing, a reliable source close to the hearings shared this news. Motsoeneng faced charges of bringing the SABC into disrepute and causing irreparable damage to his employer. The charges related to his four-hour long press briefing on April 19, where..
Continue reading…

Enjoyed this post? Share it!

 
 

Education in SA is pathetic – 5‚139 teachers who are unqualified or under-qualified, maybe you should consider homeschooling !!

Posted on Leave a comment

Every day‚ tens of thousands of school children are being taught by teachers who aren’t qualified to do the job. The result is that pupils are “not receiving the quality of teaching they’re supposed to be getting”‚ the South African Democratic Teachers’ Union (SADTU) has admitted. And with mathematics and the sciences the subjects hardest..
Continue reading…

Enjoyed this post? Share it!

 
 

Zuma please wake up and smell the stench you are causing.

Posted on Leave a comment

Jacob Zuma has again escaped the axe after the ANC’s national executive committee (NEC) decided to retain him as the country’s number one citizen. But this decision cannot be interpreted as a victory for the embattled ANC president. The second motion by his comrades in less than six months to force him to step down..
Continue reading…

Enjoyed this post? Share it!

 
 

DA lays treason charge against Zuma, Gupta Inc. and many more !!

Posted on Leave a comment

The Democratic Alliance has laid charges against Jacob Zuma, three Gupta brothers and eight others of treason, racketeering and corruption. DA leader Mmusi Maimane said on Tuesday that the party has accused those allegedly implicated in state capture of violating the Prevention of Combatting of Corrupt Activities Act and the Prevention of Organised Crime Act…
Continue reading…

Enjoyed this post? Share it!