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
Pravin Gordhan says cash-strapped SAA may have no money for salaries this month
Posted on Leave a comment
Minister of Public Enterprises Pravin Gordhan has warned that, while two unions at SAA are demanding salary increases for members, the airline might not even be able to pay any salaries at the end of the month. The minister was speaking at a Parliamentary briefing on Wednesday. The meeting was called for feedback on power..
Continue reading…
Numsa wants Gordhan’s head over extraordinarily high escalation costs at new failed power stations – according to Gordhan, power stations are “poorly designed and poorly erected”
Posted on Leave a comment
Trade union Numsa demanded that the Minister of Public Enterprises, Pravin Gordhan, be dismissed for the extraordinarily high escalation costs at the Medupi and Kusile power stations. The construction cost has doubled to almost R292 billion and both power stations are described as “poorly designed and poorly constructed” by Gordhan. Earlier, it was confirmed that..
Continue reading…
Well Eskom, this is sooo obvious:- Load shedding invites an increase in criminal activity
Posted on Leave a comment
Load shedding comes with its heaps of problems, let alone an inconvenience. While South African citizens and businesses grapple with the inconvenience of load shedding, the South African Police Service (SAPS) is on high alert for an underlying threat: criminals taking advantage of power outages.
Continue reading…
ESKOM is in a pathetic state, now Gordhan takes control of the situation at Eskom, so senior managers need to cancel their leave
Posted on Leave a comment
Pravin Gordhan, Minister of Public Enterprises addressed major concerns at a media briefing on Eskom today.
Continue reading…
It is almost time for the Parliament to go into recess, but here are some major changes that has been made to South African law this week
Posted on Leave a comment
There’s a bit of a rush to get things done before Parliament goes into recess. Here, we look at the biggest changes to South African law this week.
Continue reading…
With the light on the State capture inquiry:- Pravin Gordhan has a lot to get off his chest
Posted on Leave a comment
Let us unpack things before Gordhan takes the hot seat on Friday. The Minister of Public Enterprises, Pravin Gordhan, will finally take the hot seat in what will probably be the most anticipated testimony in Deputy Chief Justice, Raymond Zondo’s commission of inquiry into state capture.
Continue reading…
Eskom CEO Brian Molefe loses court bid to appeal pay back pension ruling
Posted on 1 Comment
The North Gauteng High Court on Tuesday dismissed an application by former Eskom CEO Brian Molefe for leave to appeal a ruling that he pay back the part of his pension payout he already received.
Judge Elias Matojane said based on the submission presented to the court “we are of the view that there is no prospect that another court would come to a different conclusion… therefore the leave to appeal is refused.”
Continue reading…
Total collapse of state-owned enterprises under Minister Brown
Posted on Leave a comment
The Democratic Alliance’s Natasha Mazzone has, once again, slammed Minister of Public Enterprises, Lynne Brown. Eskom remains in the spotlight. The Democratic Alliance’s Shadow Minister of Public Enterprises Natasha Mazzone has become quite a political “big name” over the last few months. Her grilling of Lynne Brown during the Eskom inquiry gathered particular attention. Now,..
Continue reading…
BLSA tells Eskom: ‘You remain suspended’
Posted on Leave a comment
Business Leadership SA on Monday reiterated the suspension of Eskom from the organisation. BLSA said it is holding high-level discussions with Eskom’s acting CEO‚ Sean Maritz‚ regarding serious allegations of corruption and state capture that had led to the suspension of the power utility from the organisation. “The first of these meetings was held on..
Continue reading…