Embattled national carrier, South African Airways (SAA), has admitted to paying R16 million in executive consultancy fees. This includes R10 million for three personnel working on a six-month contract. Problems keep boarding SAA on a flight destined for collapse. This year alone, the airline received over R15 billion in government bail-outs. It’s been argued that..
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All aboard the money flight – SAA executive consultants paid R16 million salaries
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Hoërskool Overvaal wins court case against Phanyaza Lesufi
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Gauteng education MEC, Phanyaza Lesufi’s court battle against Hoërskool Overvaal has not gone according to plan, SowetanLive reports. The Afrikaans medium high school made headlines earlier in the year after 55 English pupils were denied enrolment, stating that it had reached full capacity and could not afford to employ a handful of English teachers who..
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Plundered SA Now Too Poor to Afford New Nuclear Power Plants from Russia! Project put on hold
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After years of plundering of the state coffers (taxpayers), corruption, incompetence, affirmative action etc, etc, South Africa now has no money left for the crucial nuclear energy project.
South Africa is interested in realizing a large-scale nuclear project with Russia. However, the country does not have the funds to do so.
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Bantu Holomisa – UDM- accuses Nene of favouring PIC boss
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United Democratic Movement (UDM) leader Bantu Holomisa has accused finance minister Nhlanhla Nene of favouritism after the national treasury announced on Wednesday that it would launch a probe into goings on at the Public Investment Corporation (PIC).
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Telkom CEO pockets a whopping R27 million paycheck
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Telkom CEO, Sipho Maseko, earned a total of R27 million in the 2018 financial year. South Africa’s telecommunications provider has released its integrated financial report – and the salaries are staggering. While Telkom may be one of the better performing state-owned enterprises (SOE)– let’s be honest, the bar isn’t set too high – yearly salaries..
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Price of Eskom electricity expected to double by 2021
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Buckling under the strain of seemingly insurmountable debt, Eskom looks set to implement massive electricity tariff hikes aimed at staving off a complete financial and structural collapse. South Africans are inevitably left to foot the exorbitant bill, caused by gross mismanagement, and nepotism, leading to R19 billion in irregular expenditure, coupled with a long list..
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China commits to more investments and ‘saves’ a few company’s in South Africa
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Addressing the media during the briefing of Chinese President Xi Jinping’s state visit held today in Pretoria, President Cyril Ramaphosa announced China had committed to $14.7-billion in investments.
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No wonder Trump said that we are a “sh*t hole country” – Uitenhage residents living on the banks of a river of sewage
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Residents of Duduza, Uitenhage, have declared their area a disaster zone. A river of sewage from a main sewer pipe runs past about a 100 RDP houses in KwaNobuhle. Duduza, one of the oldest areas in KwaNobuhle, is situated between Holomisa and Gunguluza. Resident Nothobile Sithebe said the stinking water has been running past her..
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What is really happening in Hermanus and elsewhere in South Africa?
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Hermanus in the Western Cape still resembles a scene from a horror movie with ongoing violence, intimidation and political upheaval and it is calculated that damages are now approaching R50 million. When speaking to residents however, you realise that there is much more to the story than what the media reports. Even more than the..
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State-owned enterprises: Which one costs South African taxpayers the most money?
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South African state-owned enterprises set the stage for a sad affair. The sordid tale of bottomless funding vanishing under the unexplainable guise of ‘irregular expenditure’ – the millions become indiscernible from the billions, spoken of as fictitious currency. But the money is very real, and it trickles into government coffers through the tax tear in..
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N2 protest: Burning tyres and confusion brings Durban drivers to a halt
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Durban drivers on the N2 were left stranded in a massive traffic backlog on Tuesday morning. Protesters blocked part of the busy highway with burning tyres just one day after rubbish was dumped in a similar area.
The N2 Durban bound was the area in question on Tuesday morning. A similar incident also took place in the uMbongintwini area.
“Police have an idea of who could have done this and arrests are expected to be made. Tyres were placed across all the lanes and then set alight. This has caused a severe traffic backlog. Vehicles had to be diverted from the N2 in Isipingo onto the M4,” Sewpersad said.
With a blockage of that scale, drivers had been attempting to utilise the emergency lanes to get past the tyres, an act police have urged motorists not to partake in.
When the fire department arrives on the scene, it has been unable to use the emergency lanes to put out the fire and remove the debris.
At this stage, police have admitted that they are n
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Thandi Modise: ‘Black Farmers Do Better Than White Farmers In South Africa”
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The National Council of Provinces chairperson Thandi Modise believes that AfriForum’s decision to privately prosecute her for animal cruelty is to advance the narrative of the failure of black farmers. Modise believes that AfriForum is targeting her to show that black people can’t farm and the case has emerged now when Parliament is embarking on..
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Finger licking good! – Cash-strapped municipality spends R90,000 on KFC
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The municipal manager of a cash-strapped municipality in the Eastern Cape‚ beset by power and water shortages‚ has defended spending R90‚000 on fried chicken after his appointment. Carte Blanche on Sunday lifted the lid on the shocking lack of service delivery by Enoch Mgijima Local Municipality in the town of Komani‚ formerly Queenstown. The heavily..
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Patricia De Lille’s motion of no confidence goes ahead despite concerns of irregularities
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City of Cape Town council Speaker Dirk Smit has confirmed that a motion of no confidence in Cape Town mayor Patricia de Lille will be tabled on the council agenda for Thursday, despite allegations of due process being flouted.
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SOUTH AFRICA IS RULED BY SMUGGLERS
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According to a report in today’s report, the SA Defense Force tried to smuggle a consignment of guns and ammunition to Cuba without a permit. In addition, they wanted to load this weapon on a hired SAL flight to Havana, which would also carry passengers. Not the airline, the pilots, was aware of the nature..
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