LONDON — For the second successive year, South African banks have been rated the very best in the world in the annual Global Bank Quality Benchmark compiled by the Lafferty Group. The analysis, which assesses factors like management and strategy alongside the normal balance sheet data, rates Capitec the only five star bank on earth, with Absa..
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Five Star Capitec Rated By Lafferty As Best Bank In The World – Again
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These Charts Show The Dire State Of South Africa’s Economy
There Is Bad News All Around. There is not an awful lot of good news about. And every time we battle to pull off some improvement, government tends to score an own goal. Witness the exchange rate’s reaction and JSE selloff over the past few days following the Mining Charter ‘announcement’ as well as the..
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Revealed! Bell Pottinger Got R5.5m For One Weekend To ‘Help’ ANC, MK In Anti-White Campaign
EDINBURGH — It doesn’t get much lower than stirring up racial animosity in the country with the legacy of apartheid hanging around its neck. South African society is riven with tension. After Nelson Mandela, emeritus Archbishop Desmond Tutu and others ensured a relatively peaceful transition to democracy, all the hard work has been rapidly undone…
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Concourt asks for a ‘bad faith’ enquiry on Dlamini and social grants.
The Constitutional Court on Thursday declined to hold social grants minister Bathabile Dlamini personally liable for legal costs in the social grants fiasco – for now. Instead it ordered a legal inquisition of sorts centred on whether she had misled the court, a process that could still force her to pay legal costs out of..
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There are so many red flags in ESKOM … where do you start ??
South Africa’s state owned enterprises have been hit by one scandal after another signalling serious political and corporate governance failures. The largest of these, the power utility Eskom, has seen its CEO Brian Molefe resign, then return, and then be fired – all in the space of seven months. This was followed by the unexpected..
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Survé, Guptas Imitate Ethos, Practices Of Apartheid Newspapers
CAPE TOWN — One of the most attractive things about the Fourth Estate is that it manages to equalise the otherwise deeply skewed power balance between billionaires and politicians, and humble, hard-working, honest scribes who can take them on, blow for blow. In the battle for hearts and minds, bent and manipulative politicians and captains..
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Evil Mastermind Victoria Geoghegan: How Does She Sleep At Night? #GuptaLeaks
It has taken only a few years for Geoghegan and her associates to help bring South Africa to its knees EDINBURGH- Many in South Africa wonder how Victoria Geoghegan sleeps at night. A partner at London-based Bell Pottinger, she has made it her business to undo the work of Nelson Mandela, Desmond Tutu and other freedom..
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Koebaai Na Dubai: Thieving Piece Of S**t, Jacob Zuma, Wants To Flee South Africa
Black Marxist criminals in bed with Indian mafia running South Africa? Conspiracy theory? That is what they accused us right-wingers of for at least ten years now. Now this past week some prominent academics at the universities of Johannesburg, Wits, Pretoria and Stellenbosch, as well as the South African Council of Churches, after eventually getting..
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Nothing Seems Sacred Anymore As R1bn Drought Relief Fund Joins Captured List – Herbst
Nothing Seems Sacred Anymore As R1bn Drought Relief Fund Joins Captured List – HerbstIn yet another timely contribution, Ed Herbst once again highlights the depths of theft everyday taxpaying South Africans are having to fund. No stone is left unturned, and as Herbst puts it, if that stone isn’t bolted down…it’s stolen. Making mention of..
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Education in SA is pathetic – 5‚139 teachers who are unqualified or under-qualified, maybe you should consider homeschooling !!
Every day‚ tens of thousands of school children are being taught by teachers who aren’t qualified to do the job. The result is that pupils are “not receiving the quality of teaching they’re supposed to be getting”‚ the South African Democratic Teachers’ Union (SADTU) has admitted. And with mathematics and the sciences the subjects hardest..
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South African taxpayers is footing the bill for foreign prisoners
There are about 6 440 sentenced foreign nationals in South African prisons, serving an average of 10.6 years for various crimes they committed in this country. The South African taxpayer is footing the bill amounting to R845 million per annum and R8.96 billion over their average 10-year sentence period. The costs are based on a..
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Boycott By Whites Threatens South African Restaurants
Purchasing power is one of the few powers left to whites. Spur Steak Ranches is a popular, pseudo-American chain of restaurants in South Africa. On March 19, at a restaurant in a shopping mall not far from Johannesburg, the child of a black patron apparently hit the child of a white patron. The white complained..
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DA lays treason charge against Zuma, Gupta Inc. and many more !!
The Democratic Alliance has laid charges against Jacob Zuma, three Gupta brothers and eight others of treason, racketeering and corruption. DA leader Mmusi Maimane said on Tuesday that the party has accused those allegedly implicated in state capture of violating the Prevention of Combatting of Corrupt Activities Act and the Prevention of Organised Crime Act…
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New Arms Deal allegations – Zuma just want to enrich himself !!
Jacob Zuma allegedly received hundreds of thousands of rand, as well as expensive gifts from the Thales Group, as part of a 1997 arms deal, according to court papers. The new High Court filing – containing an affidavit from Ajay Sooklal, a lawyer in Pretoria – has been submitted. Sooklal claims he was a confidant..
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Banks slapped with fines for weak anti-money laundering controls.
Several local and international banks have been slapped with administrative fines by the South African Reserve Bank, for weak anti-money laundering and combating of financing terrorism controls. The banks include: Investec, Absa, Standard Chartered, as well as Habib Overseas Bank. Overall, banks were fined a total of R46.5-million. Absa was fined R10-million for weaknesses related..
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