“Privatise the damn SAA” you said. Time and again, whenever the latest scandal or disaster hit the “embattled” flagship carrier, you wanted ANC to privatise it. Little did you know that is exactly what they wanted you to say, and now the ANC have simply pocketed South Africa’s flagship asset, because that is what you thought you wanted. SA-News have said many times before, how the ANC under leadership of International Socialism, stole South Africa using one word, “racism”, but control of SA was never their main aim, it was always about stealing the country’s assets.
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EXCLUSIVE: ANC has Systematically Been Transferring SA’s Sovereign Assets & Wealth into its Own Private Pockets!
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#Gupta 2.0 – Harith, New Owner of SAA Set up by Mbeki Ramaphosa Faction Using Government Pension Funds?
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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?
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SA Banking Ombudsman Reveals Most Common Complaints about Banks & Bankers – FNB had Most Complaints!
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More than 7,700 official complaints have been lodged with the Ombudsman for Banking Services in South Africa, who published their annual report for the 2020 financial year, which contains the most common complaints against banks, as well as bankers, because the relationship between larger customers and the banker is also in the report. 6,472 complaints were received the previous year (2019).
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Capitec director gets rid of all his shares
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Capitec director, Jean Pierre starred, sold all his shares on Tuesday. That was 5,000 shares at a total of R7.2m. He said it was a personal decision to sell now. Pierre, one of the best-known short sellers in South Africa, became an independent non-executive director of Capitec at the beginning of 2015. Before long, he..
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Viceroy Labels Capitec A Loan Shark, Wants Bank Placed Under Curatorship
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Viceroy says it has found that Capitec has been advising and approving loans to delinquent customers in order to repay existing loans.
The Viceroy research group has called on the Finance Minister and the South African Reserve Bank to immediately place Capitec under curatorship after branding the bank as a “loan shark with massively understated defaults – masquerading as a community finance provider”.
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