To be blunt, SA does not have a rosy image as an investment destination. One does not have to look further than the WEF’s annual Global Competitiveness Index (CPI). In the 2006/2007 report, SA was ranked 45 out of 125 countries. Since then, SA has been slithering down the index, reaching 67 out of 140..
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SA does not have a rosy image as an investment destination – SA has been slithering down the WEF’s annual Global Competitiveness Index reaching 67 out of 140 countries
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After the ANC regime came to power in 1994, South Africa became a completely corrupt state, the statement being proved daily by the skeletons now being excavated by the Commission of State Inquiry
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The Secretary of the Commission investigating State capture, dr. Khotso De Wee had to go on “leave” after it was revealed that he also received Bosasa bribes. The accusation was made on Friday, the third day of Angelo Agrizzi’s testimony before the Commission. In addition to the accusation against the secretary, it is also another..
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Nephew of Zuma sequestrated after eating himself obese on the benefits of BEE, now it’s payday and the money is up
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Jacob Zuma’s millionaire cousin, Khulubushe, has been sequestrated by the court because he did not hold his credit agreement with his creditors. This includes thousands of miners who lost their income through the Aurora scandal, where (Makhulu) bushe was the director. Khulubushe has eaten himself obese on the benefits of BEE. Now it’s payday and..
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Now taxpayers must suffer for maladministration and corrupted Govan Mbeki Municipality – Taps run dry in Bethal after municipality fails to pay R87.7m water bill
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The taps ran dry in Bethal, Mpumalanga, in December when Rand Water Board reduced water pressure by 40% for non-payment of an R87.7-million back-bill owed by the Govan Mbeki Municipality. More than half the town is reckoned to be without water. Residents are furious because they have paid their water bills, and want to know..
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The possible syphoning off of public funds for the benefit of the ANC exposed: How Zuma friends tried to steal R45m to buy ANC votes
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Jacob Zuma was successfully ousted as president just over a year ago, but his legacy of corruption has a long tail. As Marianne Thamm reports for the Daily Maverick, individuals close to Zuma appear to have been involved in an elaborate plan to siphon R45m through the police service to buy votes. The plot centres..
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ANC-controlled city council of Vredendal wants to borrow R10 million from Standerd Bank – ANC ruling party is sinking deeper and deeper into debt!
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The ANC-controlled City Council of Matzikama (Vredendal and the surrounding area) will request approval at a Council meeting for taking an external loan at Standard Bank of R10 million. The loan is in part financing of its 2018/19 capital budget. No further information is known about the term, repayment amount, interest as well as how..
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Corrupt ANC official charged of fraud, corruption, theft and money laundering had to say goodbye to his luxuray cars and homes after it was seized by state – Six Mercedes Benz’s, three Land Rovers, three Audi’s and a Jeep Wrangler were among the vehicles seized
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The National Prosecuting Authority’s (NPA’s) Asset Forfeiture Unit (AFU) — armed with a preservation order — was knocking on the door of ANC heavyweight Mike Mabuyakhulu on Thursday morning. Mabuyakhulu, deputy chair of the ANC in KwaZulu-Natal, is before court on graft charges relating to the saga surrounding the R28m North Sea Jazz Festival dating..
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So Zuma is living a lavish life on taxpayers’ hard-earned money! – Taxpayers have to fork out nearly R1m for Zuma’s air transport and cell phone account since he was removed from office as SA’s president
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Taxpayers have forked out just under R1m for former president Jacob Zuma, his spouses and support staff’s transport and phone bills in the first nine months of his departure from office. President Cyril Ramaphosa revealed in a response to a parliamentary question published on Thursday that the state paid R150,668.38 for Zuma’s flights between February..
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ANC’s double talk – Ramaphose and Magashule’s statements on the independence of the Reserve Bank contradict each other and are damaging the confidence of investors – There is no doubt that the ANC-regime is leading SA to a downfall
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The ANC president, Cyril Ramaphosa and Magashule’s statements about the independence of the Reserve Bank, clearly contradict each other. While Ramaphosa is trying to reassure voters as well as the outside world that the Reserve Bank will remain independent, his fellow companion is confusing investors. He said in a statement that the Reserve Bank would..
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IMPORTANT UPDATE:- Land expropriation in 2019: What’s next for South Africa?
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With parliamentary processes ready to resume in 2019, the issue of land expropriation in South Africa enters its final Constitutional hurdle.
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Land expropriation in 2019: What’s next for South Africa – The promise of free land in SA has pandered directly to the populist vote and the majority, being led to believe that free land will end the shackles of poverty
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With parliamentary processes ready to resume in 2019, the issue of land expropriation in South Africa enters its final Constitutional hurdle. Land expropriation without compensation – the loaded term which elicits varied fervent responses from the South African public – will, once again, prove its socio-political impetus in 2019. Last year, the land question divided..
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SA is at present without a president, and no one knows who is currently in charge of the banana republic
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The ANC’s president, Cyril Ramaphosa, is at present negotiating in Mozambique with the president there on matters unknown to the country’s voters. David Mabuza, the Deputy President departed the country and sits in Ethiopia. No one knows what he is up to at this non-significant state. South Africa has no knowledge that anyone is acting..
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ANC has decided to simply” expropriate “ordinary South Africans’ savings to save state-owned enterprises – ANC has your pension in sight to try to save sinking Eskom
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Economists have issued a serious warning as they fear public pension funds will be used to fill Eskom’s massive black debt gap. Mike Schussler shares other economists’ fears and says that such rumors have been around for 11 months. Eskom’s debt burden may rise to R600bn over the next few years, and businessmen reckon Eskom..
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Let this be a lesson for South Africa, that racism isn’t colour blind – Head of basic police development, Major General Sandra Malebe-Thema found guilty of racism
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The trade union Solidarity today announced that the South African Police Service (SAPS), found the Head of Basic Police Development, Major-General Sandra Malebe-Thema guilty of racism. According to Anton van der Bijl, Head of Legal Service at Solidarity, Malebe-Thema made herself guilty of racist and humiliating remarks towards various training personnel during an event at..
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Advisers appointed to solve Eskom’s mess AWOLS while the general manager of Actom Power Systems resigns from the team as she is not looking forward to the pile of work waiting for her
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Cyril Ramaphosa’s advisors he recently appointed to solve Eskom’s mess with constructive advice is slowly but surely abandoning their jobs. His appointed team is shrinking by the day with a second member of the committee who decided to resign. The task team is intended to advise the ANC government on what needs to be done..
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