The Everything For Free syndrome and demand culture of the black South African population took its normal heavy toll after a modern housing complex in Soweto was completed back in 2011. Today, nothing is left, the complexes have been physically destroyed, carried away stone by stone, brick by brick, plank by plank, until only ruins are left today.
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#TheAfricanWay – Complete Modern Housing Complex of 1,870 Family Homes Worth R230 Million in SOWETO, Carried Away Stone by Stone, Brick by Brick, Plank by Plank…
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THIS Video Will Make ALL South Africans “The Moer In!” – SA has been plundered for an entire century, and still is…
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For an ENTIRE Century, South Africa has been the World’s Largest Gold Producer, by far and bar none! SA has also been in the Top Diamond producers. How much is it and where has it all gone?
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Trade unions are rejecting ANC’s plans to sell non-performing SOE’s
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All indications are that the ANC is prepared to execute the Tito Mboweni plan and sell the non-performing entities. For the ANC it is like swallowing a prickly pear with thorns and all, because it is a testament to their inability to run certain entities profitably. The Ramaphosa government faces an enormous fiscal dilemma, and..
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Thank you SA for voting ANC – SA is broke thanks to the thieving done by ANC cadres in government
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It’s official: the South African state is bankrupt. President Cyril Ramaphosa confirmed it three weeks ago when he responded to questions in parliament. Ramaphosa’s exact words were: “Our resources are now depleted.” In simple terms, this means the government has run out of money. In a normal country, such a statement by the head of..
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PENSION FUND NEW PIGGY BANK FOR ANC-REGIME TO EMPTY
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There are speculations in government circles that the Trillion Rands currently in pension fund managers’ hands should be used to get South Africa out of its financial predicament, and not just to use the Eskoms, SAA, SABC etc. But believe me there are many other obscure motives behind the discussed move. When the IMF joins,..
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ANC’s pension money proposal upsets economists – Government wants to use private and public pension funds to settle struggling SOE’s debts
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ANC Chairman on economic transformation, Enoch Godongwana, said during an interview with the Sunday Times that money from the country’s private and public pension funds should be used to pay off the debts of struggling state-owned enterprises such as Eskom and SAA. In response to the statement, economist Mike Schüssler said it was just another..
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Energy Corporation chairman step down after a mere 7 months – just another failed SOE that is run with incompetence
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The chairman of the board of directors of South Africa’s Nuclear Energy Corporation, Rob Adam, filed his resignation after only seven months. The Corporation is struggling to survive because of financial reasons than just another state-controlled entity that is apparently run with incompetence. The entity also undergoes a so-called restructuring that will require some 400..
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SAA’s Top-Heavy Structure Reason Of Their Financial Woes
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South African Promo Magazine:
Yep. So it goes. This top-heavy structure is the reason why SAA is demanding another cash injection of billions of Rands to keep afloat.
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South African Government Pension Fund To Bail Out Left-Wing Media Group?
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After plundering South Africa’s state-owned companies to the point of bankruptcy, the ANC-Communist Party regime is increasingly turning its attention to the country’s Government Employee Pension Fund as a source of funds. The latest suspicious transaction involves Iqbal Survé, CEO of the Independent Media Group.
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