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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Bankrupt Gupta mine in Mpumalanga sold to black-owned South African mining group
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Foreign investors sell R25bn worth of shares in SA
Johannesburg mayor Herman Mashaba announced his resignation from the DA and his job as mayor
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The expected resignation comes after former DA leader Helen Zille on Sunday won the vote for the powerful federal council chairperson position. It is to our understands that Mashaba told a number of Gauteng leaders on Saturday night that he would quit his job should Zille win the hotly contested battle, which is second to..
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Taxi drivers wreaks havoc in Western Cape amidst ongoing strikes and protest, disrupting traffic from major cities
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Western Cape taxi drivers will start their protest again this week, disrupting traffic from major cities such as Cape Town and Bellville. Several taxi associations have begun the resistance that could be resumed this week for their dissatisfaction with Cape Town’s Traffic Department. They claim that the Department of Traffic officials are using the taxi..
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Power shortages in SA can last up to four years due to Eskom’s inability to produce
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The ANC-SACP government’s long-term plan with the economy is closely linked to the supply of electricity. The government has already published its “plan”, warning it of a so-called “immediate risk” of major electricity shortages that will arise. To make matters worse, it is stated that the large power shortages can last for four years due..
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Major breakthrough in murders at retirement home – Female caregiver at retirement centre is a suspect
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The Provincial Commissioner, Lieutenant General Liziwe Ntshinga has hailed the sterling efforts of the Mount Road Cluster Detective Trio Task Team and the Directorate for Priority Crime Investigation (Hawks) in Port Elizabeth for their incessant investigation of the double murders which took place at a retirement centre in Stella Londt Drive in Port Elizabeth. It..
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SA’s past cannot be rewritten or changed – EFF’s motion to remove so-called colonial symbols across SA promotes racial polarization
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The Economic Freedom Fighters (EFF) have once again strive to remove all so-called colonial symbols from the Free State’s province. The party will table a motion containing allegations that blacks have no images of heroes in the Free State and that only white heroes are represented in the Free State, during the upcoming legislative session..
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ANC regime just cant resist the old folks money – State still wants to use pensioners funds as a bailout for bankrupt SOE’s
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The PIC group announced that they will meet in November to consider options to help the bankrupt state entity Eskom with its debt. Pensioners were given the assurance that the value of pensions would not be “wasted”. PIC already carries almost R90 billion of Eskom’s debt and more than one million public servants’ pension is..
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The ANC’s plans to combat crime in SA are failing
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Police Minister Bheki Cele said, in particular, from his spokesman that he was encouraged by the decrease in murder cases and the increase in arrests made after murders were reported. The minister referred only to the violence in the Western Cape, and did not mention the rising murder cases in other parts of the country…
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New R28.6 billion project at Ethekwini Municipality just another initiative for ANC government to waste money
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Another failed ANC project under the guise of the Khawuleza Model launched at the expense of impoverished taxpayers. The ruling ANC president, Cyril Ramaphosa, declared that the Khawuleza municipality and environment is the place to create jobs. He launched the so-called metropolitan version for the Khawuleza District Development Model, which is believed to also improve..
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Video: Thank god we have coal and not nuclear power stations! – Boilers shut down due to incompetent workers overfilling coal bunker flooding top floor with coal
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This information has just been sent to us via a member. The details have not been verified but this is how we work. It will not take long before the real story gets given to us. We will update the details here once we have verified information. Thank god we have coal and not nuclear..
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Video: “I Am F*cking Tired of Trying To Survive in This Goddam Country!” Afrikaner Survives Yet Another Attack!
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Switch on subtitles (CC) for english. “I was just almost hijacked yet again. Let’s just call it that (hijacking). My windows were closed. My doors were locked. And it happens just like that (clicks fingers). Then 4 of them appear at your doors and they all try your car door handles at the same time…
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New multi-million project for Eastern Transvaal raises eyebrows – So far all ANC regime projects have failed and cost taxpayers millions
Multimillion rand scandal exposed at black trade union Fawu
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The existence of the black trade union Food and Allied Workers Union (Fawu) is threatened after a multi-million rand scandal is exposed. The possibility exists now that the union may be forced to deregister due to the alleged poor governance and no corporate governing system has been applied. The union, which is Saftu’s second-largest affiliate,..
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Power outages cost SA millions of rands a day and could mean an economic downfall
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Ramaphosa may forget to go ahead with successful results whilst begging for investments when Eskom has already started shedding power, says a well-known economist from Pretoria. Eskom’s load shedding, without any announcement, costs South Africa millions of rand a day, and the entity is in two ways destroying the country economically. On the one hand,..
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