The Ad Hoc Group for the Protection of Property Rights has taken note of ANC Secretary-General Jessie Duarte’s remarks on Monday, on Expropriation without Compensation at a media conference. During the interview, she elaborated on the ideological fiction that expropriation without compensation (EWC) is at the heart of economic development.
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Jessie Duarte’s Outdated Ideology on Land Expropriation without Compensation Represents Unworkable & Unrealistic ANC Factional Thinking
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EFF Leader, Malema, Convicted of Violating Parliament’s Code of Ethics on Two Charges!
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The Joint Committee on Ethics found that Malema had violated the code of ethics for members of parliament by not enforcing the law, when he called on foreign nationals to find ‘creative ways’ to invade SA illegally, after SA borders were closed during the Covid lockdown in January.
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ANC Government wants to Establish a State Bank, in Line with their Socialist Principles. Hint: Central Banks are Private!
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In keeping with the Socialist principle that the State must own and control everything, as with the ANC’s National Health Insurance Scheme, the National Treasury said it was also moving forward with the establishment of a state-owned bank for South Africa, and that Cyril Ramaphosa, and the Minister of Finance, Tito Mboweni, were supporting it. It might surprise many to discover that the Central Bank is in fact privately owned, as it is worldwide.
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If you are white, you are out as tenders go says Pravin Gordhan – there really are no good ANC politicians
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Ironic that Pravin Gordhan was the man who implemented the BBBEE regulations that contributed greatly to the demise of Eskom and other SOE”s and forbade business with any company not under black control. Ironic because, as the current minister for Public Enterprises, he now has to fix the problems he helped to create previously when..
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SA motorists brace yourself for big fuel tax increases the coming months – seems like the ANC-regime wants to recoup their loses by taxing you more on fuel levies
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Minister of Finance, Tito Mboweni, will deliver the Budget Speech 2019 in Cape Town on 20 February. Expectations are high that he will balance competing expenditure priorities to stimulate economic growth in spite of fiscal consolidation measures. However, the former central banker’s task is formidable and he will likely have a difficult balancing act on..
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Tackling illicit trade a quick fix for Treasury’s cash shortfall
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Fawu has marched to the Sars HQ to call for a clampdown on illegal TRADE.
Billions of rand can easily be brought into over-stretched-state coffers if illicit trade is addressed with urgency.
South Africans were shocked in October when then finance minister Malusi Gigaba informed the nation in his mid-term Budget speech that a drastic decline in economic growth, coupled with “a sharp deterioration” in tax collections, had led to a tax revenue shortfall of R50.8billion – the largest under-collection since the 2009 recession.
Since then, Gigaba has announced a 1% VAT increase – the first in our democratic era – to try to address the shortfall, before Nhlanhla Nene replaced him as the person holding the purse strings.
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Minister of Finance plays “Candy Crush” on his tablet in Parliament
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The Minister of Finance sits in Parliament on one of the most important days in recent political history….and he plays “Candy Crush” on his tablet. Is the data part of his benefits package, by chance?
Why still wonder what went wrong with the economy? The president had his fingers in the till while the Minister was playing TV games.
That is the summarised explanation for South Africa’s economical woes.
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Tax Season: “Pay to Caesar what is due to Caesar” – Even though red flags are raised
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Launching the 2017 tax season at the start of July newly-ensconced Minister of Finance Malusi Gigaba urged South African taxpayers to “pay to Caesar what is due to Caesar”. This week SARS announced that due to technical glitches, crucial documents filed by employers and taxpayers need to be refiled. It seems Commissioner Tom Moyane’s SARS..
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Intelligence Report: Zuma – It is mine and you can’t have it
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President Jacob Zuma has refused to urgently furnish the DA with documents, including the so-called intelligence report, on which he allegedly based his decision to fire former Minister of Finance, Pravin Gordhan and his deputy, Mcebisi Jonas. The DA will next week turn to the High Court in Pretoria in a bid to compel Zuma..
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