Eskom spokesman Khulu Phasiwe said the firm’s sales growth had been muted while its operating cost was very high and its tariff for the current financial year was low. South Africa’s scandal-plagued power utility Eskom said on Monday it was not insolvent but was facing serious liquidity issues and would be in “trouble” if the..
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ESKOM FACING CASHFLOW TROUBLE – THEN STOP SPENDING MONEY ON BONUSES
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How you will pay for Zuma’s free education plan
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The government is considering drastic budget cuts to fund free higher education, including cutting social grants, freezing the roll-out of RDP houses and increasing taxes. With the country facing an unpre-cedented R50.8‑billion revenue hole, a treasury document has been put before President Jacob Zuma by the presidential fiscal committee, outlining possible areas where budgets could..
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Zuma’s Mask Slips All The Way As He Shows How Far He’s Willing To Go
Charges Laid Against ‘President’s Keepers’ Author Jacques Pauw
Traditional Leadership Bill An ANC Trojan Horse
The mafia state is in full swing
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There is no longer a crystal-clear difference between the current state of our democracy and the telltale signs of a mafia state. That, in its essence, is the nexus insight from Jacques Pauw’s new book, The President’s Keepers, which is why the responses from various parts of the ANC-led government and state are as hysterical..
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How you will pay for Zuma’s free education plan
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The government is considering drastic budget cuts to fund free higher education, including cutting social grants, freezing the roll-out of RDP houses and increasing taxes. With the country facing an unpre-cedented R50.8‑billion revenue hole, a treasury document has been put before President Jacob Zuma by the presidential fiscal committee, outlining possible areas where budgets could..
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OLX axes old SA flag because it carries the apartheid-era symbol
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Global classifieds group OLX has banned the old South African flag from its platform. The decision comes after TimesLIVE last week revealed that the old flag and different types of memorabilia bearing the apartheid-era symbol were widely available for purchase on the internet. The report came a few days after the Black Monday protests‚ during..
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Ben Martins denies Gupta ‘tea party’ with Eskom legal head
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Deputy Public Enterprises Minister Ben Martins has denied meeting suspended Eskom head of legal Suzanne Daniels with Ajay Gupta and Duduzane Zuma in a flat near Melrose Arch in 2017. “I am perplexed by Ms Suzanne Daniels’ testimony to the parliamentary inquiry into Eskom,” he said in a statement on Thursday. “She falsely claimed that..
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Ronnie Kasrils asked Mbeki to stand for a third term to stop Zuma
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Former intelligence minister Ronnie Kasrils says he asked former president Thabo Mbeki to contest for the role of ANC president in the lead up to the party’s Polokwane conference in an attempt to stop President Jacob Zuma from taking over the position. He made the comments last night at metalworkers’ union Numsa’s Vincent Mabuyakhulu conference..
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South Africa is held hostage to the toxic politics of the ANC
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If it showed anything, the recent medium-term budget policy statement has proven that South Africa does not have a government capable of dealing honestly and head on with the developmental crisis that the country finds itself in. It will not have such a government for some time, at least not until the 2019 general election..
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Zuma will make an 85% profit on his Nkandla home after repaying the state R7.8m
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NEWS ANALYSIS: President Jacob Zuma has until the end of August to repay the state R7.8-million for taxpayer-funded improvements to his Nkandla home. But, ironically, that amount represents – conservatively – an 85% profit for Zuma. Combining the findings of the treasury with a 2014 report by the Special Investigating Unit (SIU) shows that the..
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BOTSWANA LODGES COMPLAINT OVER NORTH WEST PREMIER’S MOTORCADE
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The Botswana government’s Jeff Ramsay says that North West Premier Supra Mahumapelo’s security detail did not go through proper security clearance. It’s premier versus president as Botswana’s government takes a South African politician to task. North West Premier Supra Mahumapelo was on an official visit to Gabarone last week. His blue light motorcade forced its..
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Cabinet Ministers set for 4% pay rise as reward for tanking the economy
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Unfortunately, it’s not April Fool’s Day. We are deadly serious when we tell you that political heavyweights who’ve overseen a slump in the South African economy are set to receive a 4% pay rise. In a year of recession, junk-status and a declared tax shortfall of R50bn, it seems like our top brass have found..
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Zuma set to announce “free education across the board” – report
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Do not adjust your computer screen, this is not an April Fool’s joke. In a sensational exclusive, TimesLive reports that President Jacob Zuma is set to make an announcement that “flies in the face of the findings of the Heher Commission”. Zuma is reportedly planning to announce free higher education across the board. TimesLive reports..
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