One of South Africa’s richest blacks has set up a fund to provide “thousands of jobs over the next few years”. It is apparently his second big initiative to be announced in a few weeks, and billionaire and businessman Patrice Motsepe has big plans. As CEO of the mining group African Rainbow Minerals, he also..
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One of SA’s richest black businessmen wants to create thousands of jobs – Without a doubt whites will not be involved in the initiative and BEE will be given preference
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The South African story – How to destroy a country
South Africa is on a path of destruction and is on its way to becoming an “unhappy country” like Zimbabwe and Venezuela. This is the view of Efficient Group founder and chief economist Dawie Roodt, who was speaking at an event hosted by the Free Market Foundation. Roodt said that while unhappy countries – where..
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Planned content for sex education in state-run schools is nothing but “soft porn”
New curriculum that forms part of the Life Orientation course, which is expected to be implemented from Grade 4 to Grade 12 in 2020, involves pupils identifying their genitals in class, commenting on bare pictures used in sex-texting messages, and learning what involves vaginal, oral and anal sex. Minister of Education, Angie Motshekga, has apparently..
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Leftish DA is falling apart, even the leader has left his flock – Wondering what the future holds for the party
The leftist DA who has just received his leader’s resignation is likely to be further harassed by Maimane, who did not hesitate to accuse the party of being an “ordinary member”. Maimane said the DA was “not a party for everyone” and thus opened the door to forfeit his position as a member of parliament…
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Gordhan mocked by EFF as “dog of the white monopoly”
The ANC’s minister, Pravin Gordhan, has been ridiculed as a “dog of the white monopoly” and now the two EFF members, Malema and Shivambu are in a lawsuit started by the minister. The two members of the EFF must defend themselves in the Equality Court where they face the onslaught of Gordhan’s legal representatives. The..
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Irregular expenditure by ANC-parastatale entities increases to R61,3bn – only a stupid foreign investor will invest in SA
Auditor-General Kimi Makwetu warned the government that further bailouts to state entities would increase the budget deficit and lead to credit downgrades. The state advanced R446 billion in the 2018/19 financial year to eleven state-owned entities. Irregular expenditure increased from R51 billion to R61.3 billion. A financial expert said in response to the alarming spending..
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Russia’s bombers and other military aircrafts landed at Waterkloof air base while Ramaphosa leads the African delegation to Russia for talks with the government
Russia landed the world’s biggest military aircraft in SA on Wednesday — the Tupolev Tu-160 “Blackjack” bomber, in a rare display of co-operation between the defence forces of the two countries. The two bombers, which are capable of launching nuclear missiles, are the first to ever land in Africa and were escorted by fighter jets..
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Another one bites the dust! Steenhuisen no longer DA chief whip after Maimane’s resignation
John Steenhuisen has told Eyewitness News he is no longer the chief whip of the Democratic Alliance (DA) in Parliament. He said his term was linked to Mmusi Maimane’s: “The chief whip is appointed by the leader. Since he announced his resignation from Parliament, my term ends.”
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DA split after months of tension – Leftish party just committed political suicide because chasing black votes became so important that some in the party were willing to throw all principles overboard in the mad chase to rule
In two incoherent resignation speeches in 2 days that rocked the party Herman Mashaba first resigned as a DA member and Johannesburg mayor and then DA leader Mmusi Maimane left many people baffled on Wednesday as he thrashed the DA as against transformation and deeming it as ” not the vehicle best suited to take..
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ANC president visits Russia for Russia-Africa meeting – Is it perhaps Russia’s first step to get African countries dragged under the Russian wing?
The ANC’s president Cyril Ramaphosa will apparently lead a delegation of African representatives to the first Russian-Africa meeting in the Russian city of Sochi, which will take place from October 23. The two-day event aims to focus on three key areas, namely economic ties, joint project development, and humanitarian and social sector improvements. Last year,..
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#ParasiticParastatal Another 59 Billion Bailout Has Just Been Granted To Mismanaged & Corrupt Eskom Gravy Train
The National Assembly voted in favor of a special allocation bill on Tuesday that allows a bailout of R59 billion to struggling Eskom. The bill was approved by 200 votes to 105 with ANC MPs believing the bill is essential to keep the lights on. These MPs argued that many of them grew up in..
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“Colonialists are to blame for crime in SA” – Former speaker of the ANC parliament made a total fool of herself during interview
National Assembly speaker Baleka Mbete has raised eyebrows after a 49-minute interview with Al Jazeera’s Mehdi Hasan where she blamed South Africa’s legacy of crime on Europeans who colonised the country. “Criminality has been in South Africa for three centuries, especially after the colonialists came and brought crime from Europe to Africa,” Mbete said. Among..
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Zille denies that she is the cause of black exodus from DA
With the election of Helen Zille as the DA’s Federal Chairman and the resignation of Herman Mashaba as mayor of Johannesburg, Zille denied allegations during a radio interview that she was the common denominator causing many black members to leave the party. Accusations that a right-wing hijacking of the DA has taken place have been..
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Bankrupt Gupta mine in Mpumalanga sold to black-owned South African mining group
A black-owned South African mining group, Lurco, is buying the Gupta family’s Koorfontein mine, Netwerk24 reported on Monday morning. The bankrupt mine in Mpumalanga is owned by the Guptas’ Tegeta Exploration and Resources, a unit of Oakbay Investments. It used to supply coal to Eskom, but has not been operational for some time. Employees last..
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Foreign investors sell R25bn worth of shares in SA
According to economists, investors are preparing for D-day for Eskom. South Africa is currently doing better in financial terms than Nigeria, Turkey and Lebanon. Foreign investors have sold more than R25bn of the country’s shares and the Rand is among the five worst performing currencies against the Dollar. Even Ramaphosa acknowledged that the situation at..
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