Did anyone ask us? When connecting the dots, as Pravin Gordhan instructed, it seems the privatisation of SAA is yet another plunder scam by the ANC mafia. Harith, the new owner of SAA, was setup by the Mbeki and Ramaphosa faction of the ANC, possibly using funds belonging to the Government Employee’s Pension Fund (PIC). Just like when multi billionaire Oligarchs were created after the fall of the USSR, by funneling state public assets into private crony pockets. the privatization of SAA is just a massive ploy, designed to capture SAA for businessmen connected to Ramaphosa’s faction of the ANC! Was SAA deliberately bankrupted to enable this plunder of our assets?
Continue reading…
#Gupta 2.0 – Harith, New Owner of SAA Set up by Mbeki Ramaphosa Faction Using Government Pension Funds?
Posted on Leave a comment
BEE has de-industrialised SA, pushed it backwards in time – The oppressed has become the oppressor, and technological advancement is no longer possible as we enter the New Sanitation Dark Age
Posted on Leave a comment
Zimbabwe had land expropriation as the spark that caused its economy to implode. South Africa has a slower, but equally insidious, government policy that is pushing it backwards in time: Black Economic Empowerment (BEE). This warped system has enabled corrupt individuals to benefit personally from contracts as the country’s key services have steadily eroded. While..
Continue reading…
BEE now a must for real estate – No BEE certificate no fidelity fund certificate!
Posted on Leave a comment
In terms of the Real Estate Practice Act, Black economic empowerment (BEE) participation will soon be an obligation in the real estate industry. Piet Le Roux, CEO of the business organization Sakeliga, is not in favor of the new legislation. He explains that those who previously met the necessary requirements could act as real estate..
Continue reading…
WATCH | FF Plus lashes out at ANC president: ‘Why won’t you ‘publicly condemn’ farm murders’
Poor workmanship and unfinished work by BEE company cost taxpayers R102 million
Posted on Leave a comment
Poor and incomplete work at a development in Germiston leads to thousands of rands being lost with a R102 million project undertaken by the Development Bank and the Ekurhuleni municipality. The project is wrecking due to the inability of the contractor, TCT Civil & Construction, to complete the work. Poor workmanship is just one of..
Continue reading…
Markets give negative verdict, dark picture is being sketched despite the political euphoria surrounding Ramaphosa
Posted on Leave a comment
According to the latest economic figures recently released by Stats SA from the SA, a negative picture is being sketched despite the political euphoria surrounding president Cyril Ramaphosa and the steps he takes to curb corruption. These figures show that in the first quarter of this year, the economic growth rate was lower than expected,..
Continue reading…
Tony Leon lamented BEE policy of the ANC a scam benefiting Luthuli House comrades and friends
Posted on Leave a comment
Former DA leader Tony Leon has lamented the Black Economic Empowerment (BEE) policy of the ANC government as “a scam” that only benefits those connected to ANC leadership. Leon said this while campaigning for the DA in Eldorado Park, south of Johannesburg, on Tuesday morning. “I have not met many people on the ground who..
Continue reading…
Automotive manufacturing giant, Volkswagen SA invests R86 million exclusively in Black Economic Empowerment
Posted on Leave a comment
The automotive manufacturing giant, Volkswagen SA, decided to invest R86 million for the development of black automotive suppliers in South Africa. The Black Economic Empowerment Trust Fund, which is regarded as the largest private transformation fund in the South African automotive industry, has already invested almost a quarter of its investable capital in black businesses…
Continue reading…
Germany slaps ANC upside down – discrimination where BEE is an unlawful measure for black favouritism, is definitely unacceptable and therefore Germany is not interested in doing business with SA
Posted on Leave a comment
Europe has opened its doors but EU trade partners concessions before making investments in South Africa. Of these, the most important thing is that Germany will not invest in South Africa, as long as the discrimination of a BEE (Black Economic Empowerment) has not been eliminated. Political observers and businessmen in South Africa placed the..
Continue reading…
Belgians visit SA to find out about white poverty, farm attacks
Posted on Leave a comment
A group of businessmen from Belgium visited South Africa this past week in order to learn more about white poverty and farm murders that eat at the country like a cancer.
This group, which is not a political organisation in Belgium, decided of their own accord to launch an awareness campaign in Europe so as to inform the people of Europe of what is actually happening to the minorities in South Africa, for instance, that Black Economic Empowerment (BEE) and other racist legislation plunged white South Africans into poverty over the last 24 years and how farmers are attacked and murdered.
Continue reading…
Too white to race – Afrikaner student upset about Volkswagen’s discriminatory race criteria
Posted on Leave a comment
AfriForum has threatened to take Volkswagen to the Equality Court if they don’t let the young man try out as a driver.
Student JP Peens is accusing Volkswagen South Africa of racism as he, as a white person, is deliberately being excluded from taking part in a competition to become a Volkswagen racing driver.
Continue reading…
Lessons to be learnt from the rest of the African continent
Posted on Leave a comment
While South Africa had “a head start in the level of its development compared to other African economies” there was much to learn from the rest of the continent, many of who were “making greater progress, despite starting from a low base.” South Africa also had a role to play in contributing to the continent’s..
Continue reading…