The bankrupt, state-owned SAA airline company will manage to pay its staff salaries for January, but that’s where it all ends. With a bankrupt government failing to fulfill its pledge to pump another R2bn into the soe, it looks as if SAL will not remain standing. The airfreight company faces three serious problems, and the..
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SAA’s wings cut – bankrupt SOE can only pay salaries in January
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Only 15% of CEOs are still positive about SA’s economic outlook
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This is a slim 15% of CEOs who still have a positive outlook on the South African economy’s outlook. They are still very confident and confident about what their companies’ return will be in the coming financial year. However, the growth rate that has almost reached zero point speaks to a different view, in which..
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Are the nails in the coffin for controversial Public Protector?
Black businessman Patrice Motsepe was elected to the World Economic Forum in Davos
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Billionaire Patrice Motsepe was elected to the board of the World Economic Forum in Davos at the gathering last week. Motsepe is a businessman and founder of African Rainbow Minerals, of which he is also the executive chairman. The announcement comes via social media after a storm erupted because he said earlier that South Africa..
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Man driving 309 km per hour on public road, arrested
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The owner of an Audi TT, the exceeded the speed limit in a 120 km zone by driving 309 km per hour on a public road where he was caught. Initially, the driver was suspected of driving away, but the traffic crews identified the car registration and the type of vehicle. This enabled them to..
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Two Tourists From The Netherlands Shot At in Farm Attack in Buffelsdrift, Pretoria
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Two tourists from the Netherlands experienced first hand what what farm attacks are about when they were attacked and shot at during a braai on a smallholding in Buffelsdrift, Pretoria
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ANC Fails To Provide The Basic Human Right to Water & Sanitation in Many Municipalities Like Wolmaransstad. Local White Community Members Have To Jump in
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Services in yet another ANC run town collapses as water stop flowing in Wolmaransstad. All that remains of this once beautiful Free State town is a filthy dump. It has officially joined the long list of rural municipalities under ANC control where municipal services have ground to a halt. Most parts of Wolmaransstad have been without water for 4 days now and that of course includes schools, businesses, the hospital and the old age home.
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Calls for Death to Americans at US Embassy in South Africa! SA Communist Party chant ‘One American, One Bullet’ outside US embassy in Pretoria
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A threat of “one bullet, one American” was chanted outside the US embassy in Pretoria on Thursday, where hundreds of protesters gathered to protest against the US foreign policy in the Middle East. “The Americans are the biggest terrorists in the world. They are responsible for terrorism in Cuba, Venezuela and many other countries in..
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De Ruyter has an impossible task of saving bankrupt Eskom
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The fact that Eskom is in a bad position is common knowledge, and this news are reaching investors abroad. The dire condition of SA’s economy makes investors hesitant to invest in the country since they will be risking their money in the maze. After the ANC regime finally realized, after 25 years of mismanagement, that..
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Stellenbosch University is falsely being accused as a racist institution after blacks flaunt allegations left and right
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Students are once again obsessed with the so-called racism used by whites and complain about things that have nothing to do with racism, says an educator who wants to remain anonymous. This is all a ploy by globalists – why are blacks demanding the 4th most spoken language in SA, but not their own which..
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Bankrupt power supplier is struggling to maintain electricity grid and diesel generator units are used to prevent #rollingblackouts
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Eskom has now gone so far as to use its emergency reserves in an effort to evade load shedding. The diesel generator units have been used to prevent the burning of candles, but the diesel fuel bill is already more than 50% over the entity’s allowable diesel consumption according to its budget. Workers claim they..
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Despite Billions in Foreign Aid, ANC regime has plundered South Africa into bankruptcy over a 25-year period
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The extremely dire situation in which South Africa finds itself has raised the question of whether it is not yet time to make a survey of everything that has been destroyed in 25 years. A political analyst points out that the first red light came on when municipalities across the country, all of which had..
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Why do people vote for same leaders who don’t deliver services?
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Service delivery protests in South Africa are continuing as different municipalities fail to deliver their mandate of providing basic services to their communities. The Maluti-A-Phofung municipality in Free State has not supplied water to Qwaqwa since last year December and tensions flared up when a young girl drowned while trying to collect water from a..
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PRASA’s bank account is apparently empty!
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Transport union Untu says the passenger rail agency or Prasa’s bank account is empty. Sonja Carstens, Untu’s spokesperson, says there is not even money to buy new brakes for trains. The law firm, Werksmans attorneys, has also suspended its services to Prasa due to an outstanding 19-million-rand account. Werksmans assisted Prasa in various court cases..
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SA’s high unemployment rates are swept in front of Eskom’s door
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Mining houses and corporate businesses are accusing Eskom for the high unemployment rates since their pathetic service delivery is causing uncertainty in the economy. Several institutions announcing in recent weeks that they would need to start retrenchments, unemployment has increased alarmingly rapidly and even greater retrenchments are provided. The uncertainty caused by Eskom in the..
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