Starting in Crossroads, Cape Town, this New York Times piece is essential reading for every South African who simply by dint of living here, often cannot see the wood for the trees. It traverses the lives of every income cut of Black South Africans, exposing us to the harsh realities and simmering disillusionment born of a new democracy that..
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New York Times Paints Grim Picture Of South Africa’s Relentless Poverty, Post-Apartheid
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February’s Main Budget Could Be A Total ‘Bloodbath’ Judging Gigaba’s Mini-Budget
The biggest day in Malusi Gigaba’s political career so far was strongly contrasted yesterday by a vehemently negative market reaction. While being honest in his assessment of the state of the South African economy, the Finance Minister provided little hope that he has a plan to halt the bleeding. And as Matthew Lester points out below, if Gigaba remains Finance Minister until..
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Full Junk Status For South Africa Is Inevitable
While two of the three major rating agencies already have South Africa’s foreign debt ratings in sub-investment grade, finance minister Malusi Gigaba’s bleak budget speech this week practically makes ‘full’ junk for the country an inevitability. As the market and analysts digest the key takeaways from the budget speech, the overarching theme that has emerged..
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DA Welcomes Sentencing Of #CoffinAssault Duo – Double Standards?????
Willem Oosthuizen (left) and Theo Martins Jackson inside the High Court sitting in the Middelburg Magistrate’s Court on Friday. The Democratic Alliance on Friday welcomed the sentencing of two men convicted of assaulting farmworker Victor Mlotshwa before shoving him into a coffin. Theo Jackson and Willem Oosthuizen were sentenced to 11 years and 14 years in..
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Black Community Members March Against Slaughter Of White Farmers
The community members of Zwathi, which falls under Ward 4 of AbaQulusi Municipality took to Gluckstadt Police Station to voice their concerns over the rising crime rate in the area. Picture: Vryheid Herald In northern KwaZulu-Natal, community members say brutal farm attacks are robbing people of their livelihoods. Following the brutal murders of Billy Van Rooyen..
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This Is Who Is Paying South Africa’s Tax – A Paltry 13% Of The South African Population
Finance expert Jayson Coomer, known as the Rolling Alpha, has updated his annual breakdown of South Africa’s tax trends, following the mini-budget speech delivered this week. According to Coomer’s data, currently a paltry 13% of the South African population of 56 million people are the ones paying income taxes – with the other 87% not contributing..
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SAP [Systems, Applications and Products.] ’Fesses Up, Calls In US Authorities Amid “Humbling” Investigation Into Gupta Bribes
Hasso Plattner SAP chair Hasso Plattner has met his promise to provide an update on its investigation into bribes paid by the multinational’s South African office to Gupta-linked companies which facilitated deals with SA state-owned enterprises like Transnet. SAP today disclosed in July it initiated a “voluntary disclosure” process on the Gupta scandal to the US Department..
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February’s Main Budget Could Be A Total ‘Bloodbath’ Judging Gigaba’s Mini-Budget
Matthew Lester The biggest day in Malusi Gigaba’s political career so far was strongly contrasted yesterday by a vehemently negative market reaction. While being honest in his assessment of the state of the South African economy, the Finance Minister provided little hope that he has a plan to halt the bleeding. And as Matthew Lester points out below, if Gigaba remains Finance..
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Medium Term Budget Policy Statement 2017 Reveals The Full Horror Of Jacob Zuma’s Catastrophic Mismanagement Of The Economy In South Africa
The Minister of Finance, Malusi Gigaba’s, “maiden” medium-term budget policy statement exposes the full horror of President Jacob Zuma’s catastrophic management of the economy in South Africa. The minister’s medium-term budget policy statement reveals a full-scale budget “blow out” with: ** a massive revenue shortfall of R50. 8 billion, which is the largest revenue shortfall..
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How Many Farm Murders Will Be Enough For Government To Take Action?
The recent wave of farm murders across the country must see swift and effective action from the ANC government.Yet our government has continuously failed to put into action already set up plans for rural safety that will mean that farm workers and farmers no longer have to be subjected to torture, murder or the fear..
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The only thing falling faster than the Rand is the Presidents eyelids: Zuma caught napping during Gigaba’s mini budget speech
A screenshot of Jacob Zuma taking a nap during Malusi Gigaba’s mini-budget speech has gone viral. Gigaba delivered his “maiden” budget speech on Wednesday – and the forecast was pretty grim. But if you’re hoping that President Jacob Zuma was going to zoom in to try and boost the confidence of consumers and investors, you’re..
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#FARMATTACK: Stabbed 20 Times. Plastic Bag Pulled Over His Head, Hand And Feet Bounded – Survives
URGENT — #FARMATTACK — WANTED NOTICE FOR THE FOUR THUGS THAT ATTACKED WILHELM VAN DER MERWE IN KOUE BOKKEVELD, WESTERN CAPE: Here are the Attackers who nearly killed Mr Van Der Merwe in Koue Bokkeveld, Western Cape. Prince Alfred Hamlet: The following four thugs are wanted in connection with a Farm Attack. Photos of four the..
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Blacks Must Examine Their Souls To Get South Africa Back On The Right Path
In 1898 French polymath Gustave le Bon published yet another timeless book, The Psychology of Peoples, in which he attempted to penetrate the soul of races. Le Bon came to the following essentialist conclusion: “The life of a people, its institutions, beliefs, and arts are but the visible expression of its invisible soul.” Those among..
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Don’t Let FBI Beat Us To State Capture Probe, Says Cyril
Speaking at a cadres’ assembly in Mafikeng yesterday, Ramaphosa urged state institutions not to be overtaken by the Federal Bureau of Investigation (FBI), which has opened an investigation into alleged Gupta family involvement in state capture. “Right now foreigners have started to investigate us as South Africa because of state capture,” he said. “The FBI..
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Just Like Satan, Zuma Will Use His Last Days To Multiply Ferocity
Last week, our ears were clogged by the noise that followed Jacob Zuma’s last-kick reshuffle of his already discredited cabinet. We have reached a point in the haunted life of our captured state where most South Africans wish Zuma would simply sit and do nothing in Nkandla, until he is ejected from the Union Buildings…
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