South Africa is headed for a winter of discontent, not only due to the badly managed Covid response, but it has surpassed yet another point of no return with phase 4 and 5 load shedding coming, due to infrastructure crumbling from lack of maintenance. Energy expert Chris Yelland, director of EE Business Intelligence, has said load shedding will only worsen this winter.
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SA Facing Winter of Phase 4 & 5 Rolling Blackouts as Unmaintained Infrastructure Accelerates the Country’s Collapse!
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VIDEO: US Secretary of State Mike Pompeo Asks South Africa To Stop Cuba’s Human Trafficking of Cuban Medical Workers & to Pay Them Directly!
In a scathing indictment of the ANC regimes communist credentials, US Secretary of State Mike Pompeo has asked South Africa to stop the Cuban dictatorship from turning a profit from human trafficking of Cuban medics, and to pay them directly and not to pay the Cuban regime which takes most of their earnings.
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How Much Has ANC Paid Cuban Medics? Cuban Dictatorship Keeps Most of Doctor’s Earnings, Making TWICE as Much from Sending Medics Abroad than from Tourism in 2018!
Follow The Money: The Wall Street Journal labelled Cuba’s international “Doctor Diplomacy”, where the Cuban regime keeps up to 93% of the doctor’s earnings from abroad, Cuba’s slave trade. Cuba earned $6.3 Billion Dollars for medical services in 2018 alone, which is twice as much as Cuba earned on tourism! It appears the Cuban doctors coming to SA to “help” is once again another Socialist scam to redistribute Emergency Fund donations and Taxpayer’s money to their fellow comrades, in the guise of civil services! South Africa has many unemployed well educated and qualified doctors and medics, however they are white and therefore it is illegal to employ them, besides, many of these whites fought against the commie Cubans in Angola and South West Africa…
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Foreign investors sell R25bn worth of shares in SA
According to economists, investors are preparing for D-day for Eskom. South Africa is currently doing better in financial terms than Nigeria, Turkey and Lebanon. Foreign investors have sold more than R25bn of the country’s shares and the Rand is among the five worst performing currencies against the Dollar. Even Ramaphosa acknowledged that the situation at..
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Durban mayor’s logic is questioned – wants to close Durban port to become independent of Western imperialism
The Durban mayor announced over the weekend that the Durban port should be closed to prevent minerals from leaving the country.
This must apparently be done to become independent of Western imperialism. No word has been spoken of China and the Brick countries exporting minerals.
Mike Schüssler questions the logic, as mining houses without exports would not be able to pay workers and workers could not take money home.
Without mineral exports, the economy as a whole would go under and the existing weak economy would have been already in a deep depression.
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Planned mass strike in banking sector blocked after interdict was brought to stop between 30,000 and 40,000 workers striking
Trade union Sasbo and its trade union, Cosatu, are not allowed to continue their planned mass strike in the banking sector on Friday. Various reports were doing the rounds as to what and when the bank staff would strike and speculate on what their effects would be on the country and its people. Economists have..
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SA taxpayers are among the highly taxed in the world – and it could get worse
Economists say we will most likely see an increase in personal tax and the fuel levy, as government tries to ramp up tax collection. They say government is running out of options to raise money after SARS missed its collection targets over the past few years. Analysts say it’s now a certainty that SARS will..
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The ANC is coming for your pensions to fund bankrupt SEO’s
Well-known economist Mike Schussler has warned that the ANC wants to use your pension money to fund bankrupt state-owned enterprises like Eskom and SAA. Speaking on The Big Liberty Show, Schussler said the planned prescribed assets policy will give politicians control of pension funds and where this money is invested. The policy of prescribed assets..
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Fitch Grade has just downgraded SA’s debt to negative and it seems Standard & Poor are short on their heels
South Africa’s economists are probably learning a hard economic lesson. Once a rating company questions a country’s creditworthiness and there is a downgrade, it’s difficult to reverse the rating. Fitch Grade has just downgraded SA’s debt to negative and it seems Standard & Poor are short on their heels. According to economists, there are no..
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SA pension pot under threat as government, whose debt is growing every year, looks for new funding sources as taxpayers could no longer be squeezed for more money
The pension pot in South Africa, one of the largest in the world, could be under threat as government, whose debt is growing every year, looks for new funding sources. IF THIS HAPPENS THERE COULD BE DEVASTATING CONSEQUENCES. This according to the Institute of Race Relations (IRR), which warned of a threat by government to..
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Economist says Zuma government cost taxpayers about R470bn – What a waste of good money!
Nedbank chief economist Dennis Dykes says the Zuma regime has cost South Africa R470bn. Dennis Dykes says they have done a thorough calculation that is South Africa’s loss due to corruption, maladministration and distorted policies in Jacob Zuma’s second term. He says there was an estimated loss of R140bn due to taxes lost and now..
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Trump has caused quite a stir amongst the Libs in SA with his recent Tweet
The South African government and other leftists parties have been clearly opposed by America’s president Donald Trump’s announcement that he asked his foreign minister to investigate land expropriation without compensation and farm murders in South Africa. The ANC government’s foreign minister immediately announced that South Africa could resolve its own issues through mutual dialogue. Journalist..
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