The months-long speculation has now been confirmed by Telkom that it is investigating the possibility of taking over the struggling Cell C. However, Telkom later confirmed that it had made an offer to the mobile phone company, which was widely regarded as an attempt to replenish its lost customer base. Although Cell C is the..
Continue reading…
Speculations confirmed – Telkom wants to take over SA’s third largest mobile phone company
Posted on Leave a comment
Another leeching SEO sinks – 3000 Prasa employees possibly without work after the wasteful expenditures carried out by ANC cadres
Posted on Leave a comment
Like almost all other state entities, Prasa seems to be tumbling as well, with the possibility that 3,000 security workers will be retrenched to balance their financial situation. Prasa had to cancel numerous security contracts, which was trailed by the cancellation of various maintenance and repairs contracts. With the large number of cancellations, it’s evident..
Continue reading…
Unlawful R420m Gupta VAT refund – Sars legal head fired with immediate effect
Posted on Leave a comment
Revenue service Sars said on Friday it had terminated the services of its head of legal, Refiloe Mokoena, with immediate effect. It said the decision was taken after a disciplinary hearing chaired by a senior counsel from the Johannesburg Bar. Sars said Mokoena was found guilty of serious misconduct. “Sars has accepted the chairperson’s recommendation..
Continue reading…
ANC-regime needs to take notice – The cost of violent protests has spiked 100 fold in a decade
Posted on Leave a comment
The number – and size – of insurance claims filed with state-owned political risk insurer Sasria (the South African Special Risks Insurance Association) show just how much violent protests are costing South Africa. In 2007, after nearly four years of economic growth of over 5%, Sasria received 540 claims worth R14 million for damage as..
Continue reading…
Death bells are ringing for SAA due to impending strike
Posted on Leave a comment
The impending strike at SAA by the SA Cabin Staff Association and Numsa could mean the end of the airline. In the meantime, the Pilot Association announced that they supported the idea and that the state entity’s overall top management should be replaced. Furthermore, they threatened to act if a Chief Executive with no experience..
Continue reading…
Xhosa King Zwelonke passed away
Posted on Leave a comment
The cultural king of the Xhosa people, Zwelonke Sigcawu, who is also seen as the 12th ruler of the AmaXhosa, died on Thursday morning. The AmaXhosa King Mpendulo Calvin Zwelonke Sigcawu was rushed to a hospital in the early hours of Wednesday evening. A king’s uncle confirmed that he was admitted to the Port Elizabeth..
Continue reading…
Refugees say they feel unsafe in SA – You’re not alone! Even SA citizens feel unsafe in the country
Posted on Leave a comment
Hundreds of refugees from African countries living in South-Africa say they feel extremely unsafe in the country, especially after being constantly harassed and sabotaged by local residents. The strangers are currently housed in the “Central Methodist Church of Cape Town and are now looking for ways to get out of the country to a safer..
Continue reading…
ANC piggy bank is empty – ANC regime owes municipalities R165 billion
Posted on Leave a comment
After a thorough investigation, it was found that the treasury of South Africa’s is indeed empty for a long time. It has been discovered that the state’s owes amount municipalities approximately R165 billion. To make matters worse, it must be taken into account that the amount is valid for up to the end of June..
Continue reading…
Livestock actions banned in Gauteng, Mpumalanga and Limpopo following outbreak of foot-and-mouth disease – consumers can prepare themselves for some hefty price increases for meat products
Posted on Leave a comment
TAU SA is shocked after the announcement that livestock auctions in Limpopo, Mpumalanga, Gauteng and North West have been suspended until further notification by the Department of Agriculture, Land Reform and Rural Development. This announcement follows after the outbreak of foot-and-mouth disease in the Molemole district of Limpopo. “This is a big blow to the..
Continue reading…
NBF chief executive earns more than the president – Taxpayers finance public servants’ lavish lifestyles
Posted on Leave a comment
According to the DA, Philisiwe Mthethwa, CEO of the National Empowerment Fund (NBF) is probably the highest paid civil servant in South Africa. Mthethwa receives a combined salary package of more than R6 million during the previous financial year. “That’s R2 million more than Pres. Cyril Ramaphosa earns “said Dean Macpherson, DA MP and shadow..
Continue reading…
Capitec director gets rid of all his shares
Posted on Leave a comment
Capitec director, Jean Pierre starred, sold all his shares on Tuesday. That was 5,000 shares at a total of R7.2m. He said it was a personal decision to sell now. Pierre, one of the best-known short sellers in South Africa, became an independent non-executive director of Capitec at the beginning of 2015. Before long, he..
Continue reading…
Court deals Soweto residents who wants to pay a flat tarrif of R150 a month for electricity a blow by striking case off the roll
Posted on Leave a comment
Soweto owes R20bn to power provider Eskom, but residents of the township only want to pay R150 a month for their power. Mpho Sesedinyane, ANC councilor and chair of the South African National Civic Organization (Sanco) in Soweto, feels that R150 is a fair amount and that, given the state of the economy, the residents..
Continue reading…
Junk Status looms – Implementation of NHI will have disastrous consequences for SA economy
Posted on Leave a comment
AfriForum today sent a letter to President Cyril Ramaphosa, Finance Minister Tito Mboweni and Minister of Health Zweli Mkhize warning the civil rights organization that the implementation of national health insurance (NHI) could eventually lead to the downgrading of the country’s credit rating to junk status . This comes after the credit rating agency Moody’s..
Continue reading…
Implementering van NGV gaan rampspoedige gevolge inhou vir SA ekonomie en selfs oorsaak wees vir gradering tot rommelstatus
Posted on Leave a comment
AfriForum het vandag in ’n brief aan president Cyril Ramaphosa, minister van finansies Tito Mboweni en minister van gesondheid Zweli Mkhize gestuur waarin die burgerregteorganisasie waarsku dat die inwerkingstelling van nasionale gesondheidsversekering (NGV) uiteindelik tot die afgradering van die land se kredietgradering tot rommelstatus kan lei.
Dít volg nadat die kredietgraderingsagentskap Moody’s Suid-Afrika se kredietgradering onlangs van ’n stabiele na ’n negatiewe vooruitsig afgegradeer het. Die rede vir dié afgradering is volgens Moody’s somber groeivooruitsigte en groeiende openbare skuld. In sy brief voer AfriForum aan dat onbekostigbare, ideologiese beleide soos die NGV daartoe gaan lei dat Suid-Afrika na rommelstatus afgegradeer sal word, aangesien die land dit eenvoudig nie kan befonds nie.
“Om met die inwerkingstelling van die NGV voort te stu, sal nie net rampspoedig vir die Suid-Afrikaanse ekonomie wees nie; dit sal ook staatskuld op
Continue reading…
Elderly couple violently brutalized by 7 armed barbarians during farm attack
Posted on Leave a comment
A violent farm attack took place on 11 November 2019, at 09:30, in Welbekend, Bronkhorstspruit, Gauteng province. A couple, Ben (73) and Ansie Dreyer (70) were attacked by seven armed attackers pretending to be clients wanting to buy milk. Ben along with a worker was forced into the home and into the bedroom where his..
Continue reading…