Gugile Nkwinti, the Minister of Water and Sanitation, reportedly unduly used his influence to secure a R97,6 million farm in Limpopo for a friend and his business partner during his tenure as Minister of Rural Development and Land Reform (DRDLR). This was according to a report recently published by the Public Protector, Advocate Busisiwe Mkhwebane…
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Minister of Water and Sanitation received a R2 million bribe as reward after using his influence to secure, Bekendevlei Farm a R97,6 million farm in Limpopo for a friend
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The SABC is on the brink of a total blackout – crippling debt and lack of relieve funding will force the state entity to cut its national broadcast
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The SABC is in danger of experiencing a total broadcasting blackout due to its crippling debt and lack of relief funding, according to a report in the Sunday Times. Speaking in an interview with the Sunday Times, SABC CEO Madoda Mxakwe said the public broadcaster is not able to pay its creditors and while the..
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Bankrupt ANC regime will now reimburse owners of old taxi vehicles that will be scrapped by R124,000 and the funds will come from taxpayers’ pocket
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The ANC government has announced that a revised funding scheme has been put in place. According to the scheme, owners of old taxi vehicles being scrapped will now be compensated with R124,000. More than 1,900 Toyota panel vans that have been illegally converted to taxi vehicles will be scrapped. By the end of 2018, more..
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Public Protecter wants clear Gordhan’s name after accusations that he was involved in so-called privatization of the SA Reserve Bank
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The Public Protector, Busisiwe Mkhwebane, said she was only trying clear Minister Pravin Gordhan’s name to end a dispute. Mkhwebane alleges that the minister interferes with her investigation after Gordhan putted his legal representative on her. The investigation is being conducted following the so-called privatization of the SA Reserve Bank which the minister has been..
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ANC governed Municipality that owes worker R100 Million faces Prosecution For Alleged Cheating With Employee Benefits
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Free State Kopanong Municipality (area of Edenburg and Trompsburg) owes its employees about R100 million in pension, medical aid and insurance policies. In the midst of evident evidence, the Hawks Unit has stopped the investigation for unknown reasons. The municipality is now facing prosecution for alleged cheating with the workers’ benefits, which will probably be..
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R20 billion made available for student housing – Johannesburg residential units in city center, taken over by illegal immigrants targeted for recovery and renovation
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Over 6,000 residential units will be built in Johannesburg over the next eight months, mainly for student housing. It appears that the city center, which was taken over by illegal immigrants, is targeted for the restoration and renovation of residential units. However, students have shown over the past few years that their destructions are unlimited,..
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Reserve Banking Nationalization might just be a stunt to retain votes for the ANC?
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Former ANC president Thabo Mbeki has also joined the debate among black people about the possibility of nationalization of the South African Reserve Bank. Mbeki said the move was pointless, but political analysts said his point of view was merely an indication that he was still severely annoyed by how Zuma lifted him from the..
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SA’s trade unions are the biggest single reason why land is on the verge of ruin and can at any time reach junk status
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More than 15,000 miners will start working for the first time in five months at the Driefontein – Kloof and Beatrix mines after a dispute between the trade union Amcu and the Sibanye group. The new agreement shows that workers will earn more than R700 a month than before, but in the meantime five months’..
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Gordhan: Eskom will survive – Yes, with taxpayers’ money to save the state entity of bankruptcy
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In the midst of multiple problems at Eskom as a power supplier, the entity will stand firm, Minister Pravin Gordhan South Africa assures. This comes after an outspoken economist said the power provider was on the verge of overall collapse due to its financial condition. Experts say the minister’s insurance is a logical consequence if..
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It’s no secret that high-ranking politicians get a fair few salary perks, and life is good for Ramaphosa, Maimane and Malema: Here’s what you need to know.
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You’ve got 16 days before election day comes round. It’s both a chance to make your voice heard in the most critical elections since 1994, and to have a day off if you’re bosses are kind enough. Cyril Ramaphosa, Mmusi Maimane and Julius Malema – who lead the ANC, DA and EFF respectively – may..
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Eskom on the verge of financial ruin and cannot cover its interest payments
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Ted Blom, an energy expert, said in an interview that Eskom is on the verge of financial ruin. The remark from Blom follows after the promised loan from China to Eskom did not materialize. Currently, Eskom is selling too little electricity to cover its operational costs and interest payments. Pravin Gordhan believes Eskom will take..
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More than R58m in pension fund contributions collected from municipal workers at municipality over the past six years not paid over to workers’ pension fund
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The Free State’s, Kopanong municipality has reportedly not paid contributions since March 2013.This emerged from an investigation by the Pension Funds Adjudicator following complaints by three of the municipal workers. An employer is obliged to pay over the contributions it collects from an employee’s salary as well the employer contributions (that form part of the..
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Hypocrisy inception…..MultiChoice can sponsor ANC, but not a prestigious awards event like the Ghoemas since they do not want to be associated with Steve Hofmeyr
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When you walk through the exhibition hall on the way to the Progressive Business Forum at the African National Congress (ANC’s) national conference, you can’t miss the double-storey MultiChoice stand with its colourful multimedia displays. Despite being implicated in the Gupta Leaks, the video entertainment and internet company isn’t keeping a low profile about its..
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Eskom’s “state-guaranteed debt” currently amounts to R291bn to national power provider once again receives R17.6bn lifeline
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In spite of repeated assurances that Eskom would not receive further financial assistance from the state, R17.6 billion was donated to the so-called national power provider last Friday. The loan from China Development Bank could not pay out the R7bn of the loan as promised. It appears that the financial crisis is greater than anticipated,..
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Minister sued for R500,000 for unpaid power and water bill
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Lindiwe Sisulu is allegedly sued by the City Council of Johannesburg for unpaid water and power bill worth R500,000. The account is believed to be a home in Bellevue and the outstanding account was canceled by an ANC official in 2015 so that Sisulu could obtain a tax clearance document to sell the house. A..
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