Globalist Companies like Lego, Sony, Rolex and Walt Disney—they all allegedly strive to operate with honesty and integrity and they stand for things that matter to people around the world, virtue signalling inclusiveness, environmental sustainability and education. They have associated their companies issues and causes which makes their brand and reputation stronger because they are known to be doing the right thing.
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NASPERS (News24): An Elitist Multinational That Values Profits Before People. Selling Kith, Kin and Country for Higher Salaries
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The ANC wants banks to be forced to fund SA coal mines, well you are not a party anymore, you are now BANK-ROBBERS and THIEF’S
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South Africa’s banks should be forced to invest in new coal mines in the country, the ANC’s head of economic transformation has said. Nedbank and Standard Bank have said “they are not going to put money in coal anymore,” Enoch Godongwana said in an interview on Carte Blanche. “To me, that’s an invitation for prescribed..
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Basa: Nhlanhla Nene fears worsening ‘jittery’ markets
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Uncertainty over the future of Finance Minister Nhlanhla Nene is leaving markets jittery, in a development the Banking Association of South Africa (Basa) has described as “unfortunate”.
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Three of the VBS execs provisionally sequestrated, Vele liquidated
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Provisional sequestration orders have been granted against three businessmen in the VBS Mutual Bank fraud saga.
Vele Investments, VBS’s main shareholder, has also been liquidated.
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How is this even possible:- Eskom posts R2.3bn loss, R19bn in irregular expenditure
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Eskom suffered a net loss of R2.3-billion in 2018, the state-owned power producer revealed at it financial results presentation on Monday.
The power utility said its net cash from operations declined from R45.8-billion to R37.6-billion, as it struggled with leadership and operational challenges.
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Cyril Ramaphosa downplays hope of a ‘quick fix’ for high fuel & VAT
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President Cyril Ramaphosa has given ministers in the economic cluster a two-week deadline to come up with measures to ease the burden of high fuel prices and the VAT hike on already struggling consumers.
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Liberty CEO:- Data breach under control and under investigation
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Liberty Holdings CEO David Munro told reporters on Sunday evening that it was in control of its technology and data infrastructure and was working with authorities to get to the bottom of a data breach which occurred on Thursday evening.
He maintained that no clients suffered any financial loss as a result of the data breach.
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Toll Fees, Petrol to add to consumer debt burden
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Consumers already owing R1.37-trillion in debt will feel more heat from higher fuel and toll prices in May, said a debt expert.
Neil Roets, CEO of Debt Rescue, said in a statement that consumers will also have to contend with financial pressures from the 1% VAT increase.
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