MPs Demand Privately Owned Dams Be Nationalised

Members of Parliament have called for private-owned dams in the country to be transferred to the Department of Water and Sanitation.

This comes after acting chairperson of Parliament’s portfolio committee on water and sanitation Hlomane Chauke alerted the committee that out of 4000 dams, only 350 were owned by the government.
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Department of finance is being run by complete morons

New finance minister Malusi Gigaba’s key advisor over the weekend published an opinion piece advocating for the nationalisation of mines, insurance companies and the banks, leaving Treasury with a PR disaster on Tuesday. Ok look, a bad PR day for some government departments wouldn’t normally cause too much of a ruckus, except if that department […]
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Bank of America echoes Malema’s Nationalization sentiment while Credit Suisse says investors “concerned” on BEE but Eskom big concern.

The Investing in Africa Mining Indaba started quietly under the radar in Cape Town yesterday. Some of the approximately 7,000 participants streamed into the CITCC for the world’s “premiere” mining investment event and the elephant in the room – electricity supply – was immediately exposed at the event’s inaugural critical session where Tony Blair and Graça […]
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