President Cyril Ramaphosa has reaffirmed government’s plans to support ailing state-owned enterprises (SOEs) and made it clear that there’s no intention to privatise them. Ramaphosa was replying to debate on his State of the Nation Address at a joint sitting of Parliament on Wednesday. He did not respond directly to criticism from opposition benches, instead..
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Ramaphosa rejects privatization of SOE’s although the whole lot is poorly managed by incompetent staff, and cost SA billions of rands
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ANC regime is going to throw more money funded by taxpayers into the bottomless pit of Eskom, amounts are unknown
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Amidst many promises and assurances before the general election, the lies have triumphed again, as Eskom seems to be getting more money from the government. Stubborn reports indicate that an Eskom delegation has visited the ANC’s president, Cyril Ramaphosa, and some of his cabinet members, and talks have been held in Genadendal. Unconfirmed reports state..
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Economist Dawie Roodt “South Africa is headed for a Zimbabwe situation” – He’s warning us to ‘take our money elsewhere’
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Financial expert Dawie Roodt has explained the chain of events he believes will see South Africa follow the same path Zimbabwe has. Roodt wrote in a column for the Huffington Post this week how South Africa’s economic woes will eventually lead to state looting of taxpayers, then savers, and eventually investors. Where South Africa will..
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Parmalat joined a growing list of private sector companies embarking on restructuring that could leave hundreds of its workers jobless
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The company announced a process to change it’s distribution model first in January and its implementation began in the middle of May. According to the company, the new model involved partially outsourcing components of its logistics distribution network to an external provider. Distribution services in Polokwane, Nelspruit, Bloemfontein, Upington and George have already been outsourced..
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Employees of thirty municipalities may not receive salaries due to a shortage of funds – caused by lack of skill of councils and mismanagement of funds
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It appears that thirty municipalities do not have enough funds to pay their workers at the end of June. This causes medical aid, pension contributions and other policies to fall in arrears and workers are at risk of discontinuing benefits from providers. The latest report shows that municipalities struggle with debt over billions of rand’s..
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There is no turning back! Ramaphosa agrees with Malema on expropriation without compensation
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The president downplayed the EFF leader’s suggestion that he adopted the policy for votes without ‘meaning it’ In his reply to the debate in parliament that followed his third state of the nation (Sona) address, President Cyril Ramaphosa downplayed Economic Freedom Fighters (EFF) leader Julius Malema’s accusation that the president and ANC adopted the policy..
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How do you explain it? Only 18 of the 257 municipalities in South Africa are functionally correct
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The Auditor-General, Kimi Makwetu, pointed out the big sore in the economy of the country. In his latest report, he shows that politicians and officials simply ignore his office’s recommendations. The other truth that emerges is that municipal councils do not have the necessary skills to handle finance. Only 18 of the 257 municipalities in..
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WATCH | FF Plus lashes out at ANC president: ‘Why won’t you ‘publicly condemn’ farm murders’
State capture, another horrific finding!: SAA loses out on 2-million litres of fuel a month as BEE music promoter fails to deliver
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A little-known company that was awarded a multimillion-rand contract to supply fuel to SAA hasn’t delivered since October last year. This means that the airline has been short of 2-million litres of fuel a month – although this amount is small enough to not have caused any major problems. This was testimony at the state..
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“Zuma still controls the ANC” – Natasha Mazzone blitzes Ramaphosa – Good luck coming back from Mazzone’s speech!
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It’s arguable that the best thing about Cyril Ramaphosa’s SONA speech is the debate that followed it: He’s been blasted for using Thursday’s address to “fantasise”, while many South Africans face a harsh reality. However, politicians across the house have united to try and stir the president from his dreams – including Natasha Mazzone. The..
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Aggressive juvenile protesters wreak havoc for the third consecutive day on the N12 between Klerksdorp and Potchefstroom
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Kanana and Top City youth protest for the third consecutive day by blocking the N12 between Klerksdorp and Potchefstroom with burning tires and stones. Early this morning, protesters apparently hijacked a truck which they used to pull across the road. Local traffic succeeded in moving the truck, but protesters also packed stones and burning tires..
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It seems like the ANC ship is sinking and high-paid officials fleeing – Many high-ranking SA bosses are resigning or retire
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It appears that there is a new disease in South Africa, namely retirement or resignation. High-ranking officials are now “unexpectedly” stepping down and parliamentarians are also joining the queue. The list grows by the day with the latest announcement from Sandile Shabalala from TymeBank , only three years after his employment. He followed SAA’s boss..
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SA hospitals are described as “death institutions” a National Health program will only create a disaster – free medical care for the entire SA population is not feasible
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The government wants to set up a National Health Program so that the entire population of South Africa can access free medical care. However, reality speaks volumes. After an unsuccessful term as Minister of Health, Aaron Motsoaledi was “redeployed” to another sector of the cabinet. Under his rule, 143 patients died in institutions and hospitals..
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State-owned Denel has cash flow problems and can only pay workers a portion of their salaries
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Denel said that they could only pay employees 85% of their salaries for the work done in the month of June. Group Chief Executive Officer, Danie du Toit said in a statement, “The management of Denel is working tirelessly to ensure that delayed portions of salaries will be reimbursed to employees as soon as possible.”..
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VIDEO: Diabolic Sex Program from United Nations, Comprehensive Sexual Education for Primary School Children, is horrific
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South African state-controlled schools are scheduled to implement a so-called sex education program called Comprehensive Sexual Education (CSE) of the United Nations (UN) as a replacement for the subject Life Orientation for Grades 4 to 12. CSE is aimed at children of Grade 4 and even as young as 4 years of age to get..
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