As South Africa surpasses France, Germany, Turkey and Saudi Arabia in confirmed CCP-virus cases, attention is deliberately being diverted from all the cash floating around since the ANC withdrew 500 Billion from the Taxpayer, of which 20 Billion went to NDZ’s corrupt, bankrupt, fraud infested Municipalities! While Mkhize warns that the storm is about to hit and everything from schools re-opening to mourning over deaths, supposedly from Covid-19, are being utilised to hide what is happening to all the money, which equates to over R8,000 for every single man, women and child in SA!
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SA 13th Most COVID-19 Infected Country, But The Big Numbers are The Billions Sloshing Around in ANC’s Hands & Pockets!
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SOE Alexkor Goes Bankrupt! ANC Cannot Even Make Profit From Diamond Mining? Yet Again, The “Permanently Disadvantaged” Plunder The Golden Goose to Death!
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If ever there was a business that should be a cash cow for the ANC government, diamond mining is it, well, maybe it is, directly into their back pockets! The ongoing weakness and current record low Rand value means record high prices for Alexkor’s diamonds, which come from a vast resource of 90-95% gem-quality diamonds which exists off the west coast of Southern Africa. In fact it is so precious the entire area is off limits to the public, yet still the ANC government manages to make it bankrupt? Alexkor joins the long list of almost every single other SOE going bankrupt, begging the question to be asked, whether this is deliberate?
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SA Will End Far Worse Than Venezuela, Because… “Racism”! As Month Long Siege of Barberton Ends, Mainstream Media Continues to Hide ANC’s Socialist Power Grab!
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POWER ALWAYS CORRUPTS ABSOLUTELY, and in South Africa, it will be no different, it will be far worse, as there is no opposition, because “racism”! The Liberal mass media blackout of anarchy in rural SA towns like Baberton, which has just been under siege for a month, continues. The silence in the liberal press is strange given their overwhelming endorsement of the forced merger Barberton and Nelspruit municipalities 4 years ago, which has led to this prolonged unrest.
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Journalist Assaulted by Bloemfontein Lawyer Roelie Rossouw While Interviewing Ex Freestate Premier Ace Magashule’s Friend About Overpriced Tenderpreneur Deals With Bankrupt Bloemfontein Municipality!
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Wheeling, Dealing & Stealing? A controversial Free State tenderpreneur’s lawyer assaulted a journalist after she asked questions about inflated vehicle tenders to Bloemfontein municipality, including a Nyala Riot Vehicle which the Municipality has no use of, and has no Metro Police to even make use it, with a massive mark-up.
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Bankrupt Bloemfontein Buys Nyala Armoured Riot Vehicle, But Has No Metro Police Force To Use It! Just Another ANC Scam To Rob Taxpayers of R6 Million?
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THE GOLD AT THE END OF THE RAINBOW NATION: If corrupt ANC cadres could sell sand to an Arab for a Billion, they would! The middleman supplier in Bloemfontein made almost R2 Million profit, supplying just one vehicle, that was not needed and cannot be used, like sand to an Arab!
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Despite Billions in Foreign Aid, ANC regime has plundered South Africa into bankruptcy over a 25-year period
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The extremely dire situation in which South Africa finds itself has raised the question of whether it is not yet time to make a survey of everything that has been destroyed in 25 years. A political analyst points out that the first red light came on when municipalities across the country, all of which had..
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R200,000 Spent on Luxury Rental Car by Mokopane (Potgietersrus) Mayor Andrina Matsimela, Even Though Bankrupt Town is Under Administration!
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In another example of #TheAfricanWay, it has been revealed that the bankrupt municipality of Mokopane, which is the old Potgietersrus in Limpopo, has spent more than R200,000 on the rental of a Mercedes Benz C-class for the mayor of the town. Andrina Matsimela has being transported around in this luxury vehicle since July last year.
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Solidarity: Eskom is in crisis due to years of looting, mismanagement and race obsession; asking taxpayers to fund R1.8 billion in performance bonuses is wrong
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Eskom is in crisis and should be treated as a crisis. The company is hopelessly bankrupt and operationally fragile due to years of looting, mismanagement and race obsession. The new CEO, André de Ruyter, has to be given comprehensive powers similar to that of a business rescue practitioner. If Eskom is not treated as if..
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SAA’S business rescue position – Bankrupt SOE will be restructured,no further bailouts to be handed out – Are their wings finally cut?
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Minister Pravin Gordhan’s stance at a board meeting of the bankrupt SA Airways has sent shock waves, the councilors as well as the shipping company’s worker are totally stunned by the so-called “business rescue position” that will be exercised without any delay. The minister also confirmed in a statement that the board of the airlines has..
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Parasitic SOE, Prasa also bankrupt? – Eskom threatens to cut power supply to trains due to default in payment
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This past week, the ANC’s president, Cyril Ramaphosa, had to intervene so that Eskom did not cut off the Passenger Rail Agency of SA (Prasa) power supply. The power supply would be cut off if the president did not intervene, and Prasa’s power supply for electrically powered trains would be cut off, which would force..
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Ramaphosa on begging mission in London to save corrupt & mismanaged SA from economic ruin. How much will #BlackPrivilege score this time?
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ANC President Cyril Ramaphosa is on yet another begging mission to London in an effort to prevent the bankrupt South Africa’s “economic downfall” which in truth is caused by mismanagement, corruption and downright blatant ransacking of the treasury by the ANC, the darling of The West. How will new UK PM Boris Johnson react? The..
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SA’s fiscal position – Great possibility that economy will be downgraded to junk status
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Tito Mboweni is expected to paint a gloomy picture of the country’s fiscal position later this month. The agency Moody’s has had a fairly stable rating so far, but economists warn that the view may change to negative. Moody’s has already made “negative” comments at its quarterly conference last week. The chance that SA will..
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Thank you SA for voting ANC – SA is broke thanks to the thieving done by ANC cadres in government
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It’s official: the South African state is bankrupt. President Cyril Ramaphosa confirmed it three weeks ago when he responded to questions in parliament. Ramaphosa’s exact words were: “Our resources are now depleted.” In simple terms, this means the government has run out of money. In a normal country, such a statement by the head of..
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Mboweni’s truths: We are bankrupt and people will lose their jobs – If you ever doubted that South Africa’s economy was in deep, deep trouble, doubt no more
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There is a line in Finance Minister Tito Mboweni’s brutally honest 2019 Budget Speech that I can’t get out of my head. “We are borrowing R1.2bn a day.” Read that again. Let it sink in. If you ever doubted that South Africa’s economy was in deep, deep trouble, doubt no more. Some perspective: R1.2bn is..
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Prepare for total collapse, led by municipalities – recent collapses of basic services at several municipalities are not irregularities, they are omens of nationwide collapses
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The recent collapses of water services in Grahamstown and the KwaZulu-Natal South Coast are not anomalies. They are harbingers of nationwide collapses. The auditor-general, conveniently for the government, waited until after the State of the Nation address by President Cyril Ramaphosa to release his annual report. The president should be appropriately grateful. The bad news..
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