07 – April COMMENT: Edinburgh — South Africa’s new finance minister Malusi Gigaba has been groomed by the Gupta family and Russia over at least 10 years. This is apparent from details in his gift list. Fin24’s Liesl Peyper has been digging around in the Register of Members’ Interests, discovering that Gigaba has been receiving little treats from a Gupta-owned..
Continue reading…
From Russia With Love: Gigaba Gift List Reveals He Has Been Groomed By Gupta, Russia Over 10 Years
Bethlehem mayor caught with R2.8 million
Posted on 2 Comments
The mayor of Bethlehem, Lindiwe Makhalema, was caught with R2.8 million in cash in her car’ s boot. According to reports, a local resident “reported” to the police. However, she denies the allegations that the money was used to bribe delegates in the region. According to accusations on social media, she had to bribe ANC..
Continue reading…
Close to R25-million spent on ANC conference hotel bill
Posted on Leave a comment
The ANC National Elective Conference has come with a hefty price tag as the party forked out close to R25-million on hotel rooms to accommodate more than 6,000 delegates and guests. According to the Sunday Times, the ANC booked rooms in 35 hotels all over Gauteng, which translated into 3,308 rooms with a total of..
Continue reading…
Shaun Abrahams Predictably Delays Deadline On Jacob Zuma Charges
Eastern Cape ‘defies’ National Treasury
Posted on Leave a comment
The Eastern Cape government is under fire for allegedly approving the payment of more than R170-million on broadband services in a deal that was not authorised by the National Treasury. The province wants to connect its departments with fast internet to improve service delivery. More than 7‚100 sites had to be connected‚ the Daily Dispatch..
Continue reading…
Taxpayers had coughed up a whopping R38 627 159 in salaries to civil servants who had been suspended
Posted on Leave a comment
Johannesburg – The government has forked out a massive R412 million to 7830 public servants who have been on long periods of sick leave between January last year and August of this year. This was revealed by Public Service Administration Minister Faith Muthambi this week when responding to a written parliamentary question from the UDM’s..
Continue reading…
New social grant payment system unveiled
Posted on Leave a comment
In with the new‚ out with the old. The SA Social Security Agency and the SA Post Office have reached a landmark agreement to usher in a new social grant payment system that will see recipients getting their grants from banks‚ various merchants and spaza shops. The agreement was finalised on November 17 and the..
Continue reading…
Mandela funeral funds official caught up in tender row
Posted on Leave a comment
A senior Eastern Cape official implicated in the looting of state funds earmarked for Nelson Mandela’s memorial and funeral services is embroiled in a new controversy over an unauthorised tender worth R171-million. Marion Mbina-Mthembu, director-general in the Office of the Premier, applied to the National Treasury to deviate from normal tender processes in awarding an..
Continue reading…
Steinhoff implosion staggers SA
Posted on Leave a comment
The collapse of Steinhoff International’s share price this week, following allegations of accounting fraud, is being described as the biggest corporate failure on the JSE so far, but it may just be the tip of the iceberg. On Thursday afternoon, Finance Minister Malusi Gigaba said he supported a decision by the Financial Services Board (FSB)..
Continue reading…
Grand-scale corruption at PRASA covered up by treasury
Posted on Leave a comment
For almost a year, National Treasury has kept the lid on almost 200 investigations into PRASA contracts which show that up to R2.5 billion was siphoned off in contracts which should never have been signed. The investigations, into contracts worth R10 million or more, were ordered by former Public Protector Thuli Madonsela following her 2015..
Continue reading…
South Africans In For R30 Billion Tax Hike For 2018
Unions call for R8,500 instead of R3,000 for farm workers
Posted on 1 Comment
Over 100 trade union members from farms across the Western Cape gathered for the Fourth Commercial Stevedore Agricultural and Allied Workers Union (CSAAWU) National congress. The two day conference in Surrey Estate, which started on Friday, will consider climate change, women and youth on farms, migrants, and the proposed minimum wage amongst other things. CSAAWU..
Continue reading…
Gigaba: SA To Raise Revenue By R15bn In 2018’s Budget To Curb Debt
Posted on Leave a comment
South Africa will implement spending cuts of R25 billion rand and raise revenue by R15 billion in next year’s budget to contain growing debt, Finance Minister Malusi Gigaba told Parliament on Wednesday. Gigaba said the extra R40 billion, or 0.8% of GDP, would be used to tackle rising public debt which otherwise could balloon beyond..
Continue reading…
ANC regime is the reason why South African citizens live in poverty
Posted on Leave a comment
Two equal evils, poverty and inequality lie at the root of South Africa’s economic problems. Both should be treated equally. If the focus is only on inequality, it will create an economy where everyone is equally poor, except the elite which holds power, said adv. Anton Alberts, chairman of the FF Plus. Adv. Alberts said..
Continue reading…
Officer investigated for fraud was nominated for trip to France
Posted on Leave a comment
Instead of suspending a high-ranking police officer who is under investigation for fraud, the police wanted to send her on a trip to France. The Portfolio Committee on Police on Wednesday took a dim view when acting head of crime intelligence Major General King Bhoyi Ngcobo – who has been described in the press as..
Continue reading…