Why was there an arms deal? – Newly democratic South Africa decided its military needed to be overhauled – and five years after coming into power following the end of white minority rule, the African National Congress (ANC) government signed contracts totally 30bn rand ($5bn; £3bn in 1999). The deal involved companies from Germany, Italy,..
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Former SA President, Zuma has been charged with corruption linked to a multi-billion dollar arms deal – However, he denies any wrongdoing
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Unemployment rates rise to 27.6% and remain one of SA’s biggest challenges
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Statistics South Africa announces that unemployment rose by 0.5 percentage points to 27.6% in the first quarter of this year. The figures confirm economists’ presumption that economic growth in the first quarter was negative and unemployment remains one of SA’s biggest challenges. The SA economy started on a bitter note this year with unemployment rising..
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Bankrupt Eskom’s CEO resigns due to stress- For the sake of the whole of South Africa who will risk taking over?
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Eskom is looking for a new CEO after the current incumbent Phakamani Hadebe resigned after less than a year due to stress. His predecessors either left their jobs due to personal reasons, were dismissed or went away under a cloud of corruption. Energy expert Ted Blom believes that Hadebe’s resignation did not come as a..
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Junk status winks for Mangaung Metro with liabilities exceeding assets; officials receive generous salaries and cellphone stipends, while levels of service delivery are non-existent
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The ANC-controlled Mangaung Metro faces junk status after Moody’s rating agency said further downgrading would be considered if the municipality do not urgently get its household in order. The Bloemfontein municipality is in truth already bankrupt with liabilities exceeding assets of nearly R1bn and with over R6bn of outstanding debt. In fact, Moody’s indicated..
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Markets give negative verdict, dark picture is being sketched despite the political euphoria surrounding Ramaphosa
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According to the latest economic figures recently released by Stats SA from the SA, a negative picture is being sketched despite the political euphoria surrounding president Cyril Ramaphosa and the steps he takes to curb corruption. These figures show that in the first quarter of this year, the economic growth rate was lower than expected,..
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Rumor has it that 5 DA members only serve on the City Council of Pretoria because of their deceitfulness via nominations
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Of the 93 members of the DA who serve in the City Council of Pretoria, five members are apparently illegally on the board due to fraud with nominations. The five members can be eliminated if the accusations are proved against them and they are found guilty. The party’s federal law commission is apparently investigating the..
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Sanlam helps establish black companies, serving lower income groups as target market indicating #Blackprivilege
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Patrice Motsepe’s African Rainbow Capital (ARC) has established a new insurance company known as African Rainbow Life. The company differs from other insurers who serve the lower income groups, and have their sights on the broad spectrum of rainbow nation. The new company is owned by ARC and Sanlam, which has already established a company..
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SA economy in dire stress Mr Cyril! – No growth occurred and Gross Domestic Production shrunk by a shocking 3.2%
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Despite the great optimism surrounding Ramaphosa’s election as ANC president, there has been no growth in the domestic economy. Rather, the decline can be notice after the latest figures where released. Gross Domestic Production weakened by a shocking 3.2% in the first quarter of 2019. This is the biggest fall since the world wide financial..
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Dramatic increase in murder rates increases in SA, with an average of 53 murders per day now, and almost 20,000 murders annually
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Murder rate in South Africa are on the rise, and except for the increase in farm attacks more incidents have generally been reported. In the past month, the figure has risen sharply, with an average of 53 murders per day. The dramatic rise is described by crime experts as frightening, and the main reason why..
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Rumor are doing rounds that someone or possibly an organization wants to kill the ANC president – But whoever is so stupid to kill Ramaphosa no one will ever know?
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Rumors are investigated about the allegations that someone, or possibly an organization, is planning to assassinate the ANC president. It is no secret that there are numerous people in ANC who blame Ramaphosa for having played a key role in disposing of Jacob Zuma as head of state. It is also known that thousands of..
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Western Cape farmers are being slaughtered by barbaric savages during cruel ongoing farm attacks while ANC regime is blindly looking away
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Over the past few months, the Western Cape’s farmers have become the target of the savages that is murdering innocent people. This weekend another farmer was murdered, and the reason why the genocide continues is very simple. The murderers are in most cases unemployed, struggling to make a living, and knowing if they are caught..
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11 PIC Councilors offered to resign amid continuing scandals and suspension of senior staff
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The Public Servants Association or as it is now known Public Servants Association (PSA) represents about 240,000 members countrywide and has just indicated that they will instruct the Public Investment Corporation (PIC) that no further investments in Eskom should be made. By purchasing Eskom bonds, pensioners are exposed to extremely high risk as Eskom is..
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National murder rate indicates that about 53 people per day perish, during the month of May alone, 46 attacks and 7 farm murders occurred
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There are a considerable increase in farm attacks and murders since 2012, and especially after the recent elections, this is a major concern for TAU SA. According to Henry Geldenhuys, Deputy President of TAU SA, this state of affairs, especially considering the accompanying barbaric torture of victims, is frightening. “The national murder rate of about..
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Flogging a dead donkey – Ethiopia is China’s china, but China is not Ethiopia’s china, not even the donkeys are…
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China likes to claim that Africa, and more specifically, Ethiopia is their new china (a colloquial term for friend), just like Europe claimed many years ago. Ethiopia has a large, labour-hungry population. It has an agricultural society that’s just yearning for industry and is a sound investment overseas for China.
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De Lille sells out her voters, compromises coloured and other minorities by accepting a position in the Cabinet of ANC-regime
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Just like the New National Party had a “Short pants” figure who brought about the end of his party through incorporation with the ANC, the Good party now also has its own “Short skirt” who will usher in the end of her party as well. Patricia de Lille, the new Minister of Public Works and..
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