The alleged drop in the consumer inflation rate, which is now at its lowest level in nine years, is called into question by many economic experts. Although the decline has been welcomed by some agencies, consumers say the decline is certainly not credible as food, fuel and clothing prices are constantly rising. However, the South..
Continue reading…
Consumer inflation rate is now at its lowest level in nine years
Posted on Leave a comment
White slaughter continues – Farm manager brutally tortured during Mooi River farm attack,KZN
Janus Walus killer of communist Chris Hani – Supreme Court rules that the minister must decide on his fate
Posted on Leave a comment
Northern Gauteng High Court on Thursday ruled that new Justice Minister Ronald Lamola should decide whether or not to release Janus Walus, who killed communist Chris Hani, on parole. Walus asked the court to reverse former Justice and Correctional Services Minister Michael Masutha’s decision to release him on parole and deport him to Poland, his..
Continue reading…
Load shedding due to poor workmanship at failed Medupi power plant, though Ramphosa points finger at sabotage
Posted on Leave a comment
The Phase 4 load shedding forced on South Africa this past week is attributed to poor workmanship with the erection of the Medupi power plant, which was initially highly praised by the ANC government. The power plant has caused so many problems in the past week that the Eskom management had to take the load..
Continue reading…
SA mining houses are closing one after the other due to Eskom load shedding
Posted on Leave a comment
South Africa’s mining houses close one after the other because it has become too risky to let their workers work underground during load shedding. It costs billions of rand to stop underground mining activities and still have to pay workers even though there is no production for the whole week. Economists point out that Eskom..
Continue reading…
Cyril rushes back to Eskom and cuts visit to Egypt short amidst electricity crisis which holds serious economic consequences for SA
Posted on Leave a comment
Opposition parties expressed their dismay when the ANC president, Cyril Ramaphosa, went to Egypt amidst #rollingblackouts occurred all over South-Africa this past week. He had to cut his less important visit to short and returned to South Africa to talk to the heads of Eskom about the crisis load shedding has on the finances of..
Continue reading…
Dumb Twit!! SA will overcome load shedding like apartheid, says Ramaphosa
Posted on Leave a comment
President Cyril Ramaphosa says the energy crisis currently faced by the country will soon come to an end. South Africans have expressed frustration, as Eskom battles to keep the lights on with stage 4 load shedding currently in place and was expected to last until 11pm. Ramaphosa, speaking in Sharpeville on Thursday in his Human..
Continue reading…
SA’s economic decline has happened by design – The ANC’s obsession with disproved socialist/communist practices is at the root of the problems
Posted on Leave a comment
All the plans devised to reignite the economy of the country will be stillborn so long as the ANC continues to pursue its socialist/communist programme. Even as Tito Mboweni proclaims his plans for the recovery, the ANC persists with its plans for expropriation of property without compensation, compulsory equity transfers, control of the “commanding heights”..
Continue reading…
SANDF splashes R20.5m on luxury German cars, but says funding shortfall is impacting on maintaining military base in Centurion
Posted on Leave a comment
While the SA National Defence Force (SANDF) was unable to maintain the Thaba Tshwane military base in Centurion due to “predominantly a lack of funds”, it has managed to find the cash to spend R20.5m on “luxury vehicles”, valued at over R600 000 each, for senior management in the previous two financial years. This is..
Continue reading…
MINISTERS ‘FINANCES MUST BE REDUCED – Taxpayers are picking up the bills for home cleaning products, security improvements and cellphones
Posted on Leave a comment
The Minister of Public Service and Administration Senzo Mchunu on Monday announced several changes to the ministerial manual. Ministers will now not be allowed to pay more than R700 000 for a car, official flights within South Africa must be undertaken in economy class. The state will also no longer pay for security upgrades at..
Continue reading…
Petra Diamonds halts SA mining operations over power cuts – Eskom will be to blame for the downfall of SA’s economy
Posted on Leave a comment
Petra Diamonds has confirmed it received a notification from Eskom, asking it to reduce its load to the essential level. As a result, it has announced it’s in the process of halting its mining operations in South Africa. Petra Diamonds said all production, hoisting and processing have stopped with immediate effect at its operations in..
Continue reading…
ANC controlled entity, Prasa placed under administration – SAA, PRASA and who is next?
Posted on Leave a comment
The state-run Passenger Rail Agency (Prasa) has been placed under administration with immediate effect. Fikile Mbalula, minister of transport, announced the decision Monday morning during a media conference. Furthermore he stated that the immediate dissolution of Prasa’s interim council will also come into effect. Bongisizwe Mpondo was appointed as Prasa’s administrator . This decision comes..
Continue reading…
What a disgrace! Table Mountain Cableway: Visitors get stuck amid #Rollingblackouts
Posted on Leave a comment
The Table Mountain Aerial Cableway Company said power surges may have caused the failure of its generator. The impact of load shedding is being felt across the country, as Table Mountain Aerial Cableway Company (TMACC) on Monday confirmed that visitors got stuck on top of the mountain. In a statement on Monday evening, TMACC said:..
Continue reading…
#Rollingblackouts in SA mos definitely caused by BEE, racial quotas, cadre deployment and outright looting!
Posted on Leave a comment
Yes, without a doubt the c-ANC-er broke Eskom, like they broke everything else. And they are making money from it too. It is known that the ANC’s investment arm called Chancellor House made a 5000 % profit on its investment in Hitachi South Africa which had the tender for the boilers of Medupi and Kusile..
Continue reading…
Zuma pulls a Houdini Act, misses Zondo deadline due to Cuba hospital stay
Posted on Leave a comment
Former president Jacob Zuma has been hospitalised in Cuba because of ‘complications relating to poisoning’. Zuma’s lawyers have told the Zondo commission of inquiry into state capture that he will not meet today’s deadline to respond to an application by journalist Redi Tlhabi to cross-examine him because he has been hospitalised in an undisclosed foreign..
Continue reading…