Guptas

 

#Zupta Penalty: Foreign Investors Pull Plug On South African Investments. SONA Penalty Next?

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Jacob Zuma and his buddies in the ANC might be impressing Julius Malema’s Economic Freedom Fighters supporters with talk of radical economic transformation to slay the imaginary beast of white monopoly capital. But their rhetoric, together with seemingly endless revelations of corruption, is sending foreign investors to distant climes. This worrying development is highlighted in..
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Eskom Customers will be Paying Twice for their Electricity due to “The African Way”

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The civil rights organisation AfriForum is worried that municipalities that owe Eskom money will have consumers coughing up to pay off these debts.  AfriForum will therefore introduce a project today in 102 AfriForum branches country wide to empower communities to provide input regarding the drafting of municipalities’ integrated development plans (IDPs) and concept budgets. This..
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South Africa In Economic Breakdown: Zuma’s Grim Legacy In Charts – But His Friends Are Having Fun

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Jacob Zuma South Africans have become accustomed to heaving a collective sigh of relief as ratings agencies continue to stave off a ratings downgrade. But, South Africa’s ratings have moved close to sub-investment grade with President Jacob Zuma at the helm, as the graphs below indicate. The rand’s value has declined steadily, too, with a few..
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A MUST READ: Zuma’s Secret Blueprint For Total Power – Lily Gosam

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An ambitious plan to redraw provincial boundaries, control the treasury and conclude mega-deals to keep the ANC under Zuma control was hatched  * Lily Gosam is a pseudonym  INTRODUCTION In 2009 [president] Jacob Zuma secured the highest office in the land, in large part due to the composition of South Africa’s 1994 provincial map. And..
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Paul O’Sullivan: Good News South Africa, Zupta State Capture Dominoes Starting To Fall

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Forensic consultant Paul O’Sullivan, in his new partnership with AfriForum, has concluded a lengthy investigation into the way that President Jacob Zuma and his crony capitalist partners the Guptas “captured” South Africa’s criminal justice system. He also has some good news: the dominos are starting to fall and, O’Sullivan says, new brooms will sweep away..
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Zuma’s Treasonous Alliance With The Guptas

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What the ANC has not confronted is that their president is the very instrument of state capture — and this story shows it.  ANALYSIS The story we publish today in our view contains all the evidence needed to sustain a prima facie case of money laundering. This is a crime that involves concealing the origins..
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Updated With Transcript: Gupta Interview They Buried For 9 Months

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Nine months ago, the eldest of the Gupta brothers took a calculated risk. Doubtless on the advice of expensive London communications consultants Bell Pottinger, Ajay Gupta offered a no-holds-barred interview to South African journalist Stephen Grootes. With conditions, of course. As there always are with SA’s infamous crony capitalist immigrants from India. Before being granted his..
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The full list of 72 ‘dodgy’ Gupta family transactions totaling R6.8bn

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Seventy-two transactions varying from R5,000 to R1.3bn involving the Gupta family have been identified as “suspicious” by the Financial Intelligence Centre (FIC). The 72 transactions worth R6.8bn that feature in a dramatic court application filed by Finance Minister Pravin Gordhan was flagged by the FIC because there had been “no apparent business or lawful purpose”..
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Anglogold’s Pityana: Save South Africa – Fire Zuma, Corruption’s “Sponsor-In-Chief”

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It is 52 years ago since Americans got “The Speech”. After yesterday, South Africa has a similarly rare epochal address that richly deserves recording for posterity. At the Joburg Mining Indaba, Anglogold chairman Sipho Pityana followed up his powerful address to ANC heavyweights attending a friend’s funeral, to deliver one of the most brilliant speeches..
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SOUTH AFRICA- A Black Man’s Haven – And A White Tax Payer’s Hell

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SOUTH AFRICA has reached the point of no return. It has reached the point where all logic and common sense have been obliterated by lunacy and governed by dementia. South Africa has become the playground for vagrants, thieving foreign hyenas, crooked government opportunists, unstable liberals,  and debauched rulers. South Africa has become the madhouse of..
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Maimane: DA “Will Do Everything” To Stop Zupta’s Bribe-Soaked Nuclear Deal.

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When today’s toddlers look back on this period of South African history, they are likely to shake their heads in disbelief. How, they will ask, could a constitutional democracy allow its citizens to be systematically plundered by a political elite whose greed is insatiable. And why, they will continue, did today’s voters leave us with..
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Zupta’s Nuclear Deal: ‘Either We End It Or It Ends Us’, Says DA

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The Democratic Alliance (DA) has warned that South African President Jacob Zuma’s nuclear deal will be disastrous for the country. It will literally bankrupt us, diverting billions of rands from poverty reduction projects, while producing a nuclear white elephant in two decades’ time, claim the DA. But it will make a lot of money for..
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Did The Wannabe Venda King “Pay-Back-The-Money” For Zuma?

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Zuma getting some bullshit award from the wannabe Venda King Toni Ramabulana So apparently Msholozi Showerhead paid back the R7.8 Million he stole from the taxpayers to pay for his illegal upgrades on his Nkandla palace which actually cost somewhere between R248 million and R256 million, depending on which source you believe. Of course, the..
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How To Eat A Parastatal Like Transnet – Chunk By R600m Chunk

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Under then-Transnet Chief Executive, Brian Molefe (above) and Chief Financial Officer, Anoj Singh, payments to Regiments ballooned. Transnet paid more than R600-million to two companies – one linked to the ANC and the other to the Gupta family – by shovelling ever more consulting work their way without a competitive tender. The state rail company,..
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