The weapon manufacturer Denel could not pay his senior management’s full salary at the end of September. Denel needs urgent funding and financial assistance and will probably be helped by treasury with tax money to continue production. The influence of Zuma and the Guptas is still having a great influence on state entities and are..
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Influence of Zuma and the Guptas is still sinking government entities – Denel struggles to pay salaries
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Is that so? – South Africans not paying TV licenses blamed for collapsing the SABC
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According to Deputy Communications Minister Pinky Kekana, an SABC TV license is great value for money. Deputy Communications Minister Pinky Kekana has called on South Africans to pay their TV licenses in order to save the SABC from complete financial collapse. Kekana made her impassioned plea before Parliament’s communications committee on Tuesday. The Deputy Minister..
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ANC’s formal website is shut down for the ruling party has not been paying for their services and owns R32.5-million in debt
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A service provider that hosts and manages the back-end ongoings of the ANC website has shut down the ruling party’s page. The claim is that the party that is led by President Cyril Ramaphosa has not been able to pay for their services. Thus, it has accumulated R32.5-million in debt. The ANC has been given..
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Trump sends warning that foreign aid will be discontinued to SA and other countries showing anti-US sentiment
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In no uncertain terms, Donald Trump has warned South Africa, and all other countries, that they will stop foreign aid if the countries do not respect the United States. Trump announced in his UN speech that the US Secretary of State, Mike Pompeo, was instructed to investigate whether countries receiving financial assistance also have the..
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South Africa is currently on the verge of an economic collapse, with our corrupt government can one expect differently?
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Economists warn that South Africa is on the brink of an economic crisis. The recession, unemployment, the rand’s decline in value as well as international developments are factors that make the red lights flash. The rating agency Fitch stated on Tuesday, September 25, that the so-called stimulus package of Cyril Ramaphosa does not really bring..
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Your tax money will once again be used to pay the large salary packages of SABC managers – a propaganda institution of government
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The bottomless pit of state entities is becomes deeper and deeper, and the state has to pay more money to the SABC for its survival. Even more amazing is that parliamentarians have approved the request! There are concerns about the big salary packages and the large number of managers. Again, there is no amount linked..
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New trend to help cash strapped SA, pay R4 if you want to use the toilet at Home Affairs
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People visiting Home Affairs in Cofimvaba near Queenstown, Eastern Cape, say security guards force them to pay R4 if they need to use the toilet. If they don’t pay, they are told to “hold it in” or use an open field nearby to relieve themselves. GroundUp visits Home Affairs in Cofimvaba, Eastern Cape This “business”..
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South African taxpayer has yet again foot the bill for a new statue for terrorist Nelson Mandela which was recently unveiled in the USA
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The South African taxpayer had to back up has yet again foot the bill for a statue of the semi-god Nelson Mandela. This time the South African government donated an image of Nelson Mandela to the UN, and it was unveiled by Cyril Ramaphosa while attending the UN General Assembly in New York. UN Secretary-General..
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No wonder the state broadcaster’s debt collection agencies are so busy these past few weeks – SABC is in big trouble and have a shortfall of R1 billion to pay salaries
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The possibility exists that the SABC will have to retrench several hundred workers as part of its restructuring process. The proposed retrenchment of thousands of employees is to cut the R3,1 billion salary account of this sinking state entity. There is a big concern from the liberal press that the SABC will not survive this..
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There is some good news for consumers – Repo rate remains unchanged
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The recession apparently forced the SA Reserve Bank to keep the lending rate unchanged. However, three of the seven members of the bank’s monetary policy committee asked for a 25 basis point increase. The bank expects GDP to grow at 0.7% for 2018, against the forecast of 1.2% in July. Read the original article in..
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Living the luxurious life funded by taxpayers- Ministers’ spouses take their free ride to international destinations
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Cabinet ministers have racked up a R7.6m bill on luxury travel for their wives, husbands, children and other relatives to international destinations such as New York and Paris on taxpayer-funded official trips. This has been revealed in answers to a series of written questions by DA MPs to each of the 35 cabinet ministers in..
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Eskom is planning to recover losses from corruption and loopholes by increasing your tariffs to recover over R66bn but still you will face loadshedding since there are no coal reserves
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Eskom is planning to recover losses from corruption and loopholes in the MYPD rules by increasing your tariffs to recover over R66bn before the end of 2018. Nersa invited the public to comment on Eskom’s request to increase tariffs to recover R66bn lost between 2014 and 2017 – the years included in the Public Protector’s..
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Nelson Mandela Bay’s budget is being allocated to poor areas – Could it be true and will poor white communities also benefit?
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The mayor of the Nelson Mandela Bay Municipality, including Port Elizabeth, announced that the total budget of the city will be allocated to poor areas. It follows after Athol Trollip was removed as mayor and Mongameli Bobani took over his position. The DA is currently working on a court application to fight Trollip’s removal. Read..
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This is how ANC waste taxpayers money – After a year, R20 million’s Casspirs has not yet made their appearance
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After almost R20 million was paid for the provision of three armored vehicles to the eThekwini municipality a year ago, there is still no sign of the vehicles. Vehicle licensing is now reported as the reason for the delay. Read the original article in Afrikaans on Die Vryburger
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SA taxpayers have to fork out even more money for Zuma and wives to uphold their lavish living style after National Assembly agrees to pay his pension and medical aid package
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The National Assembly has agreed to former President Jacob Zuma’s pension and medical aid package, in spite of a fierce pushback from opposition parties. The decision went 197 votes in favour and 95 against, with no abstentions. African National Congress (ANC) MPs were under a three-line whip and were called from committee meetings for the..
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