In terms of the Real Estate Practice Act, Black economic empowerment (BEE) participation will soon be an obligation in the real estate industry. Piet Le Roux, CEO of the business organization Sakeliga, is not in favor of the new legislation. He explains that those who previously met the necessary requirements could act as real estate..
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BEE now a must for real estate – No BEE certificate no fidelity fund certificate!
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Zuma branded as defaulter, owes R12,517 for unpaid school fees, maybe he must consider subsidy?
It is not only the arrears of the Nkandla bond that make Zuma a defaulter, but also the fact that his children’s unpaid school fees earns him the title. The liquidators of the bankrupt declared VBS Bank now hope to get their money by auctioning the Nkandla unit, but it is still a lengthy process..
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SAA strike costing R52 million a day and with a bankruptcy record it could mean the end of the entity
More than 3000 workers affiliated with Numsa and Sacca downed tools at SAA on Friday over a wage dispute and plans to cut more than 900 jobs, costing the airline about R52 million a day. The interim chief financial officer of SAA Deon Fredericks, said the strike was pushing the struggling airline to unsustainable levels…
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Another waste of taxpayer’s money! – Millions down the drain as Tshwane houses will have to be demolished and rebuilt
Greater Pretoria’s municipality is in trouble but denies that many homes will have to be demolished and rebuilt. An abandoned multimillion-rand housing project in Ga-Rankuwa Unit 10 in the City of Tshwane will be demolished and rebuilt at an extra cost after contractual disputes with the contractor who abandoned the project in June this year…
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Farm attack, man hospitalized after violent assault, by unknown number of attackers, Mpumalanga
A farm attack took place on the night of 17 November 2019, in Carolina near Ermelo, in Mpumalanga province, South Africa. The man was assisting his father working on a vehicle on their farm when they were attacked by an unknown number of attackers. The man suffered serious injuries during the assault. The man was..
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Warning! SAA Strike will intensify – Talks between National carrier and striking unions collapse
JOHANNESBURG – Talks between South African Airways (SAA) management and striking workers have collapsed. Union leaders briefed the media and workers after the parties met on Saturday in an attempt to resolve the strike which began on Friday. Workers are demanding an 8%wage increase while SAA is offering 5.9%. According to the National Union for..
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Oh no, not again! Panic, outrage as Unisa examinations compromised again after exam papers had been leaked
“Oh no, not again!” This was the reaction of University of SA (Unisa) students on social media after the university sent out an email on Friday afternoon to students announcing that exam question papers for the second semester – October and November – had been leaked. The outrage was swift on social media after the..
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Those who are not in favor of the ANC are delighted with the developments: Power struggle amidst ANC ranks – Cadres are turning against each other for office
A complaint filed at the Office of the Public Protector sheds some light on the fierce power struggle in the ranks of the ANC and its government. The complainant who prefers to remain anonymous claims that Minister Lindiwe Sisulu is playing a chess game to get the deputy president removed from office to take office..
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Speculations confirmed – Telkom wants to take over SA’s third largest mobile phone company
The months-long speculation has now been confirmed by Telkom that it is investigating the possibility of taking over the struggling Cell C. However, Telkom later confirmed that it had made an offer to the mobile phone company, which was widely regarded as an attempt to replenish its lost customer base. Although Cell C is the..
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Another leeching SEO sinks – 3000 Prasa employees possibly without work after the wasteful expenditures carried out by ANC cadres
Like almost all other state entities, Prasa seems to be tumbling as well, with the possibility that 3,000 security workers will be retrenched to balance their financial situation. Prasa had to cancel numerous security contracts, which was trailed by the cancellation of various maintenance and repairs contracts. With the large number of cancellations, it’s evident..
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Unlawful R420m Gupta VAT refund – Sars legal head fired with immediate effect
Revenue service Sars said on Friday it had terminated the services of its head of legal, Refiloe Mokoena, with immediate effect. It said the decision was taken after a disciplinary hearing chaired by a senior counsel from the Johannesburg Bar. Sars said Mokoena was found guilty of serious misconduct. “Sars has accepted the chairperson’s recommendation..
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ANC-regime needs to take notice – The cost of violent protests has spiked 100 fold in a decade
The number – and size – of insurance claims filed with state-owned political risk insurer Sasria (the South African Special Risks Insurance Association) show just how much violent protests are costing South Africa. In 2007, after nearly four years of economic growth of over 5%, Sasria received 540 claims worth R14 million for damage as..
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Death bells are ringing for SAA due to impending strike
The impending strike at SAA by the SA Cabin Staff Association and Numsa could mean the end of the airline. In the meantime, the Pilot Association announced that they supported the idea and that the state entity’s overall top management should be replaced. Furthermore, they threatened to act if a Chief Executive with no experience..
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Xhosa King Zwelonke passed away
The cultural king of the Xhosa people, Zwelonke Sigcawu, who is also seen as the 12th ruler of the AmaXhosa, died on Thursday morning. The AmaXhosa King Mpendulo Calvin Zwelonke Sigcawu was rushed to a hospital in the early hours of Wednesday evening. A king’s uncle confirmed that he was admitted to the Port Elizabeth..
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Refugees say they feel unsafe in SA – You’re not alone! Even SA citizens feel unsafe in the country
Hundreds of refugees from African countries living in South-Africa say they feel extremely unsafe in the country, especially after being constantly harassed and sabotaged by local residents. The strangers are currently housed in the “Central Methodist Church of Cape Town and are now looking for ways to get out of the country to a safer..
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