BEE administrator loses millions of pension funds – Pension funds of Anglo Platinum, invested in the (BBF), administered by Bophelo Benefit Services, a subsidiary of Mvumonala Holdings, may be lost due to fraudulent activities. It is estimated that as much as R560 million can be involved. Apparently, the company ‘cooked’ its 2016 financial statements to..
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Pension funds as much as R560 million may be lost due to fraudulent activities
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Zuma must go – No speach for Zuma at Cosatu’s May Day rally in the Free State
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Free State premier Ace Magashule said the chaos which prevented President Jacob Zuma from speaking at Cosatu’s May Day rally in the Free State was embarrassing. A crowd of anti-Zuma workers disrupted the event to the point that Cosatu leadership made the decision to end it early on Monday‚ without President Jacob Zuma or any..
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Have you factored in medical expenses into your retirement savings?
Red HOT news – Wake up! SA has been gutted
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What is left of the South Africa of our dreams? Ask the thief-in-chief What do we have left now? Once there were the Scorpions, a respected crime-fighting unit. The people had faith in them. The corrupt feared them. Jacob Zuma quaked when he thought of them. Then in 2007 he took the reins of the..
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The case for a restricted medical scheme
Manage your medical expenses during winter season to obtain optimal value
Intelligence Report: Zuma – It is mine and you can’t have it
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President Jacob Zuma has refused to urgently furnish the DA with documents, including the so-called intelligence report, on which he allegedly based his decision to fire former Minister of Finance, Pravin Gordhan and his deputy, Mcebisi Jonas. The DA will next week turn to the High Court in Pretoria in a bid to compel Zuma..
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Nuclear deal ruled as unlawful and unconstitutional: Learn all about the dark secrets of this shady deal
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The Western Cape High Court ruled on Wednesday that the South African government’s nuclear agreements with Russia, Korea and the US were unlawful and unconstitutional. In a landmark ruling, the Court also scrapped the South African government’s decision to buy about eight nuclear power stations — 9600MW of nuclear power. This decision was first gazetted..
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Zuma’s plan to boost the economy is just BEE on steriods
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Long live poverty! Where would the rich be without the poor? More particularly, where would Zuma be? Failure to recognise these questions leads to a too easy dismissal of the ANC’s currently loudest and most persistent war-cry: radical economic transformation. Eusebius McKaiser is hardly alone in rubbishing the term as meaningless. Supposedly without meaning, he..
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North West farming town Coligny resembled a war zone after several houses where torched and properties damaged during violent riots
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The small farming town of Coligny, North West, resembled a war zone on Tuesday afternoon with large clouds of smoke billowing from different parts of town. The main road linking Coligny and Lichtenburg remained closed as protesters who barricaded roads with burning tires and rubble clashed with police officers. All entry points into town were..
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Desperately seeking: A viable healthcare payment system
Look out for this thief
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Berning Ntlemeza is apparently missing with state possessions after unlawfully reporting for duty this morning. Sacked Hawks boss Berning Ntlemeza reported for work this morning despite being told he had been relieved of his duties. Ntlemeza was seen entering the headquarters of the Hawks in Pretoria through the back gate to avoid the main entrance…
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SA’s struggling economy faces an uphill
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If South Africa staves off a technical recession in the coming months, it will be a result of events unrelated to the country’s domestic political and policy environment. But economists said the more important question is what happens when the lingering positive effects of a recovery end in certain sectors, such as agriculture and mining…
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What to consider when deciding on a medical scheme
Millions to be wasted on President Zuma’s Nkandla homestead
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The South African government is preparing to spend “millions” in taxpayers’ money on President Jacob Zuma’s Nkandla homestead, according to a report by the Sunday Times. The report stated that the Department of Public Works confirmed processes were underway to refurbish the property, repair “shoddy workmanship”, and address security concerns. “While the assessment is not..
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