Despite being named one of the worst ports in the world, and shortly after an entire container of ammunition disappeared from secure lockup in Durban harbor during recent riots, Transnet Port Terminals plans to create a “super terminal” in Durban, enabling the port to handle very large vessels, and hopefully improve the efficiency of the port after its dismal rating earlier this year. Seems the ANC wants to put private investors’ money at stake and at risk of plunder, because it is not being privatised.
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ANC Government Begs for Private Investors to Pay for Transnet Extensions at “World’s Worst” Durban Harbor
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De Ruyter has an impossible task of saving bankrupt Eskom
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The fact that Eskom is in a bad position is common knowledge, and this news are reaching investors abroad. The dire condition of SA’s economy makes investors hesitant to invest in the country since they will be risking their money in the maze. After the ANC regime finally realized, after 25 years of mismanagement, that..
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S&P Global, which downgraded SA to junk status, warns ANC government that it will not be easy to restore land
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The ratings agency S&P Global, which has legitimately downgraded the country to junk status, since 2017, has warned the ANC regime, saying the path of recovery is not reachable with the clap of fingers. The agency also points out that the possibility of another downgrade in two weeks is not ruled out because of the..
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SA, the country once known as the most prosperous one on the African continent, is downgraded by Moody’s to position near to junk status
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While Cyril Ramaphosa delights in the Rugby players’ victory in Japan, Moody’s downgraded the country’s financial position near to junk status. In the next 12 to 18 months, the Ramaphosa regime will have to implement good plans otherwise there will be another major setback for the country that was once known as the most prosperous..
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Foreign investors sell R25bn worth of shares in SA
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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The ANC regime now wants to loot your pension money to save their struggling state entities
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TAU SA expressed concern about the statements made on public forums by the ANC government where advocacy is being made to use SA’s pension capital for investment in so-called fixed assets. The size of the exit funds can make a huge impact on the national economy; according to the 2017 annual report of the pension..
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Thanks to the ruling ANC regime, SA’s economy outlook is getting worse with Eskom already plunging the country deeper into debt
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In an exclusive interview conducted by Die Vryburger with a well-known political analyst, it seems that 2019 is not a year of good prospects. The anonymous expert says the projections are getting darker with Eskom, who is already plunging the country into debt with loadshedding. In addition to the enormous R2 billion it cost daily..
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The honeymoon is over Ramaphosa, time to apply law and order – State capture can ruin SA financially and run the risk of losing over $ 100 billion in investments
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South Africa can suffer a huge loss if the ANC president, Cyril Ramaphosa, does not make sure that the people involved in the state capture are punished. The warning comes from the United Kingdom and America who both undertook to bring investments to the country if the Ramaphosa government can prove that it will apply..
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South Africa following Zimbabwe into ruin? – The Zimbabwe economy is in chaos and disease is breaking out all over the place. Like Mugabe, the SA politicians are sucking our country dry and it is heading towards being just another black failed state
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In this video by ‘Loving Life’ we see that the parallel paths of South Africa and Zimbabwe are very similar. The only winners in this scenario are the politicians. The video looks at how Mugabe took over a very economically sound country in 1980 and brought it to its knees. The similarities of corruption, expropriation..
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ANC’s double talk – Ramaphose and Magashule’s statements on the independence of the Reserve Bank contradict each other and are damaging the confidence of investors – There is no doubt that the ANC-regime is leading SA to a downfall
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The ANC president, Cyril Ramaphosa and Magashule’s statements about the independence of the Reserve Bank, clearly contradict each other. While Ramaphosa is trying to reassure voters as well as the outside world that the Reserve Bank will remain independent, his fellow companion is confusing investors. He said in a statement that the Reserve Bank would..
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Investors do not want to invest in SA since our national power provider is so unreliable – Communists now demand the end of load shedding after it has already cost the country billion Rand in recent weeks
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ANC, SAKP, Cosatu and Sanco are now demanding the end of load shedding in South Africa. It is ironic that the people in charge of the country, that is, the ruling ANC party, its alliance partner, the SA Communist Party and unionists now demand that the shedding of power must be discontinued. The ANC’s Zizi..
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ANC policy has made its mark – Germany’s businessmen do not want to invest in SA before BEE has not been abolished – Ramaphose is now desperate and try every trick in the book to convince the men that land theft will not take place
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With the German President, Frank-Walter Steinmeier, on a visit to SA, the ANC president once again lied and said no land theft would occur. He continues by saying investors’ land and their investments are safe. Observers wonder if it means that investors’ land is safe but what about the white farmer’s land. President Steinmeier said..
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