Officials in the Treasury accused the finance minister, Malusi Gigaba, of hijacking the treasury by running a parallel administration. This he did by appointing about 20 confidants in his office. In this public attack on Gigaba, it is claimed that he decided to delay a forensic investigation into Eskom contracts with Tegata. The allegation also..
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National Treasury captured by Finance Minister Gigaba?
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Public Protector denies BLF involvement
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The already beleaguered Public Protector, Busisiwe Mkhwebane, is now attempting to deny any commitments with BlackLandFirst (BLF) with her investigation into the Absa Bank Corp lifeline. She went so far as to withhold certain documents and in a sworn statement denied that BLF filed a complaint with her. Maria Ramos of Barclays Africa filed papers..
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Double Standards in SA: Work opportunities for whites “unacceptable”
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Employers may advertise posts stating that it is an affirmative action post, which means that the opening will be relegated to non-whites only, but if someone has a work opportunity for whites only, it is inadmissible. It became clear again when a recruitment agency, People Solved, had removed such an advertisement from their website. A..
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Students and workers and torched buildings of Cape Peninsula University of Technology
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A building and a church at the university’s Cape Town campus were torched on Wednesday, allegedly by protesting students and workers. The Cape Peninsula University of Technology (CPUT) has condemned the torching of two buildings at its Cape Town campus, allegedly by protesting students and workers. A building and a church at the university’s Cape..
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The true financial cost of Hurricane Jacob
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Over 1 month, six months, one year, three years and even five years. In rand as well as US dollars. Against the developed world and now also against the emerging market world. Take your pick; it doesn’t matter. These are the current facts of the returns of the Johannesburg Stock Exchange relative to the major..
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Business Leadership South Africa kicks out Eskom‚ Transnet
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Business Leadership South Africa (BLSA) has suspended the membership of state entities Eskom and Transnet with immediate effect. The decision follows “extensive allegations of corrupt behaviour”‚ the business lobby group said. BLSA CEO Bonang Mohale said in a statement: “South Africans have been rightly disturbed in recent times at the numerous allegations of corrupt behaviour..
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Hope you do not need an operation at Soweto’s World Famous Baragwanath Hospital
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Machinery breakdowns and staff shortages are cited as reasons for a dramatic increase in the backlog for patients requiring surgery at the Chris Hani Baragwanath Hospital‚ which is up to five years for a hip op. Gauteng Health MEC Gwen Ramokgopa has disclosed that 11‚736 patients are waiting for operations at the top state hospital…
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SABC posts R977m loss – Looks like consumers is boikoting the Public Broadcaster as well
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The South African Broadcasting Corporation posted a R977m loss after tax for the 2016/17 financial year, its annual report tabled in Parliament on Tuesday revealed. The public broadcaster’s net loss for the year ending March 2017 more than doubled from R412m in 2016, following a year of upheaval that included the dissolution of the permanent..
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We are stuck with Zuma: Thousands march against state capture, corruption
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Workers across the country downed tools, marched to key points in various cities, and demanded an end to corruption and state capture. All nine provinces in the country engaged in the protected strike action today, which saw thousands of Cosatu supporters stream into public spaces, with many carrying placards with the recurring theme: [Jacob] Zuma..
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Who’s keeping an eye on South Africa’s spies? Nobody, and that’s the problem
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Once again South Africa’s intelligence services are embroiled in controversy, apparently involved in dirty tricks and criminal activity. New evidence of this has come to light against the backdrop of the presidential succession race in the governing ANC. One of the contenders, deputy president Cyril Ramaphosa, has been smeared in an apparent covert operation. It..
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Tshwane biking cops are for whites‚ says ANC
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The African National Congress Tshwane Caucus has condemned the decision of the capital to introduce metro cops on bicycles in Hatfield. In a statement released on Friday‚ the opposition said the move made by Tshwane mayor Solly Msimanga was aimed at protecting whites. “The African National Congress Tshwane Caucus condemns the actions of the DA..
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Energy minister slips up on oil plan
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Minister of Energy Mmamoloko Kubayi is backtracking on the investigation into the sale of the country’s oil reserves, say highly placed sources. But the minister has denied this outright. In May, Kubayi announced in Parliament that she would investigate the controversial sale by the Strategic Fuel Fund (SFF) of 10-million barrels of the country’s fuel..
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Fikile Mbalula: Most farmers are not a “bunch of racists”
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Most farmers are not a “bunch of racists”‚ says Police Minister Fikile Mbalula. “There are rotten potatoes which from time to time play themselves out in different episodes‚” he told a media conference in Pretoria on Wednesday. “There will be from time to time episodes that play themselves out in terms of racists attacks‚” Mbalula..
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Thousands of illegal KZN ANC members uncovered ahead of December conference
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A northern KwaZulu-Natal councillor has claimed that they have uncovered thousands of illegal ANC members ahead of the elective conference in December. ANC councillor in Pongola‚ Nqaba Mkhwanazi‚ who gave evidence on Monday at the Moerane Commission which is sitting in KwaZulu-Natal to investigate political violence in the province‚ cited factionalism and corruption as being..
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EXCLUSIVE: Cash Paymaster Systems made R1-billion profit paying social grants
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Over the past five years Cash Paymaster Systems recorded a pre-tax profit of R1.1-billion from paying social grants on behalf of the government, the outsourced service provider told the Constitutional Court on Tuesday. After tax the net profit came to R705-million, the now infamous American-listed company said. That translates to a profit to shareholders of..
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