SAA conceded that it had violated the Competition Act and announced that it would pay R1,1 billion to Comair. The dispute has been in existence for a period of 10 years after SAA’s travel agents operated bonus schemes. The bonus systems were against the rules of the Competition Council, and Comair has set a claim..
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SAA pay Comair R1,1 billion, where does the bankrupt state entity get the money from?
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According to Senzo Mchunu, one of ANC president Cyril Ramaphosa’s confidantes, black managers are too blame for the bankrupt Eskom
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An ANC member of the party’s National Executive Committee, Senzo Mchunu, says it is black executives who are responsible for the condition at Eskom. He says all that they have achieved was to do well in the failures. Senzo Mchunu is one of ANC president Cyril Ramaphosa’s confidantes who are now out against Eskom’s “black..
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SA motorists brace yourself for big fuel tax increases the coming months – seems like the ANC-regime wants to recoup their loses by taxing you more on fuel levies
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Minister of Finance, Tito Mboweni, will deliver the Budget Speech 2019 in Cape Town on 20 February. Expectations are high that he will balance competing expenditure priorities to stimulate economic growth in spite of fiscal consolidation measures. However, the former central banker’s task is formidable and he will likely have a difficult balancing act on..
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ANC-regime is failing needy children – Kempton Park child welfare closes its doors following a salary dispute, over 2000 children in the community are being affected by the suspension – ANC officials get’s to drive luxury cars and have houses revamped on state’s cost
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Over 2000 children in the community are affected by the suspension of the services and the number is exclusive of the families the society assists. Staff at Child Welfare Kempton Park downed tools on January 28 due to financial challenges, Kempton Express reports. A notice at the society’s premises reads: “Dear clients kindly note that..
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Eskom’s prior request for tariff hike slammed: Eskom’s stage 4 load shedding is a direct attempt to sabotage, and blackmail SA – Ordinary citizens are becoming the scapegoat to foot the bill of its complete and utter failures and lack of planning
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The South African Communist Party says Eskom’s management is rolling out massive blackouts in an attempt to blackmail South Africans to accept privatisation of the power utility. Eskom resumed with loadshedding for the first time this year on Sunday. Power cuts continued yesterday and Tuesday after a failure of generating units. “The management of Eskom,..
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WHO DIDN’T CHECK THE CALENDAR? – Ramaphosa just killed Indaba 2019 – Biggest tourism expo to take place on the general election date
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Ramaphosa stood up in Parliament on Thursday and emphasized the importance of tourism. And then he killed 2019 tourism. When he decided on a general election on 8 May, didn’t any body bother to look at the calendar? Indaba, the biggest tourism expo in South Africa, usually the destination for foreign investors and visitors, takes..
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Guptas at it again – workers unpaid but lavish R100m double wedding planned – most likely funded by the ANC-regime?
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The Emirates Palace hotel in Abu Dhabi where the Gupta family are reportedly hosting a lavish double wedding in February 2019. The Guptas are reported to be hosting a lavish double wedding at a palatial hotel in Abu Dhabi. The AmaBhungane Centre for Investigative Journalism published a nine-page wedding invitation on Friday and said the..
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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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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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A tale of two (broken) cities – Mahikeng, the former pride of North West for its cleanliness and progressive policies, is now overrun with potholes, refuse and debt thanks to the ANC-regime
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Mahikeng, the former pride of North West for its cleanliness and progressive policies, is now overrun with potholes, refuse and debt. Driving is a gamble and drinking tap water is an extreme sport. Mthatha is much the same. MAHIKENG A song cut from one of motswako rapper Mo’ Molemi’s albums could provide the best evidence..
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The ANC is coming for what’s yours! South African pensioners’ biggest fear has now become a reality – Pensions now need to fund bankrupt government’s state entities
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With the ANC’s launch of their election manifesto, it was debated that Treasury should see if pension funds cannot be used to help the bankrupt state entities. Meanwhile, Mark Barnes Chief Officer at the Post Office and said it would be a big move for the country. The prospective pensioners as well as current pensioners’..
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Struggling SABC that has been dependent on state aid for years has placed staff into a huge embarrassment by not paying their salaries
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Staff realized with shock that the SABC did not pay their salaries into their accounts on Tuesday. Apparently, the Broadcasting, Electronic, Media & Allied Workers Union sent a brief report confirming that they had received notice that no payments were made. A staff member apparently confirmed to the media that they had not received salaries…
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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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There you have it! – Chinese Bank Takes Absolute Control Over All Eskom Power Stations In South Africa If Default In Payment Plan Transpires
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In another huge loan of 33.4 billion rand the Chinese Exim Bank (Export-Import Bank of China) will take over the Eskom Facility Plant in South Africa. This was announced by a recent tweet from Exim Bank. Eskom is a South African electricity public utility, established in 1923 as the Electricity Supply Commission. Eskom operates a..
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Struggling airline under ANC control is apparently under extremely difficult financial circumstances and will now be rescued by commercial banks – This is the result of corruption and incompetence, celebrated in the ANC ranks
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South African commercial banks are basically prepared to help the instable SA Airways with R3.5bn as a lifeline. The struggling airline needs the funds very urgently to meet his short-term obligations. SAA’s Chief Executive Officer, Vuyani Jarana, says the amount is needed to maintain its operational duties until April. Jarana, says it is clear that..
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Hunt for missing US millions donated from the US intended for nonprofit organisations fighting the spread of transmissible diseases,leads Hawks to former union CEO in SA
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Colleen Khumalo, the former CEO of the worker health programme at the South African Clothing and Textile Workers’ Union (SACTWU), has appeared in court on charges of fraud involving R50m. Khumalo’s arrest and subsequent appearance in the Cape Town Regional Court on Thursday stems from an investigation by the Hawks into allegations of misappropriated funds..
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