A TYPICAL SOUTH AFRICAN BRAIN TEASER – how are they going to spin the VBS bank debacle in such a way that the white man is to blame for all of this?

VBS Mutual Bank fires workers – staff members are now being penalized for actions that was made by the bank’s corrupt management and directors

Bankrupt Mangaung Metro does not have money for service delivery, but can spend a whopping R4.5 million during a festival

Fraud and theft behind SAA bankruptcy – SAA’s debt is currently R15 billion more than its assets, and banks will no longer lend the airline any money

R59 million of taxpayers money will be spent to bail out bankrupt state entities

Billions and billions of Rands are pumped into the SAA ‘black’ hole