The Organisation Undoing Tax Abuse (OUTA) won an urgent interim interdict in the Pretoria High Court against the Bank of Baroda, freezing R1.75 billion in the Gupta-owned Optimum and Koornfontein coal mines’ rehabilitation trust fund accounts. “This is another sweet victory for South Africa, with the prevention of Gupta mining trust accounts worth at least..
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OUTA WINS FREEZE ON GUPTA MINE REHAB FUNDS AT BANK OF BARODA
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SASSA IRREGULAR EXPENDITURE GROWS TO R1.4 BILLION
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In Sassa’s latest financial statements tabled in Parliament on Friday, the Auditor General says the agency did not take effective steps to prevent the irregular expenditure. The Auditor General has deemed the R43 million spent by the South Africa Social Security Agency (Sassa) on so-called work streams to have been irregular. In Sassa’s latest financial..
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National Treasury captured by Finance Minister Gigaba?
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Officials in the Treasury accused the finance minister, Malusi Gigaba, of hijacking the treasury by running a parallel administration. This he did by appointing about 20 confidants in his office. In this public attack on Gigaba, it is claimed that he decided to delay a forensic investigation into Eskom contracts with Tegata. The allegation also..
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Public Protector denies BLF involvement
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The already beleaguered Public Protector, Busisiwe Mkhwebane, is now attempting to deny any commitments with BlackLandFirst (BLF) with her investigation into the Absa Bank Corp lifeline. She went so far as to withhold certain documents and in a sworn statement denied that BLF filed a complaint with her. Maria Ramos of Barclays Africa filed papers..
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South Africa has lost 946 323 working days due to strikes
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The Department of Labour’s Acting Director General, Vuyo Mafata, on Thursday released the Industrial Action Report for 2016, which shows that the South African labour market lost a total of 946 323 working days as a result of 122 work stoppages. This, according to the report, represents a 4.7% increase in working days lost in..
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Western Cape policeman books out pistol and R5, commits robbery
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SAPS Radio Control dispatched a complaint of a business robbery which had occurred at 35 Section N2 Gateway at a Somalian shop. The controller gave a description of a vehicle which had been involved in the robbery as a blue VW Golf with a particular registration number. The Delft SAPS Crime Prevention Unit spotted a..
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Double Standards in SA: Work opportunities for whites “unacceptable”
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Employers may advertise posts stating that it is an affirmative action post, which means that the opening will be relegated to non-whites only, but if someone has a work opportunity for whites only, it is inadmissible. It became clear again when a recruitment agency, People Solved, had removed such an advertisement from their website. A..
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Students and workers and torched buildings of Cape Peninsula University of Technology
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A building and a church at the university’s Cape Town campus were torched on Wednesday, allegedly by protesting students and workers. The Cape Peninsula University of Technology (CPUT) has condemned the torching of two buildings at its Cape Town campus, allegedly by protesting students and workers. A building and a church at the university’s Cape..
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The true financial cost of Hurricane Jacob
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Over 1 month, six months, one year, three years and even five years. In rand as well as US dollars. Against the developed world and now also against the emerging market world. Take your pick; it doesn’t matter. These are the current facts of the returns of the Johannesburg Stock Exchange relative to the major..
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Business Leadership South Africa kicks out Eskom‚ Transnet
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Business Leadership South Africa (BLSA) has suspended the membership of state entities Eskom and Transnet with immediate effect. The decision follows “extensive allegations of corrupt behaviour”‚ the business lobby group said. BLSA CEO Bonang Mohale said in a statement: “South Africans have been rightly disturbed in recent times at the numerous allegations of corrupt behaviour..
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Shocking!! A Grade 2 learner from Brakpan brings gun to school – with live ammo
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A case of a Grade 2 pupil bringing a gun to school in Brakpan is under investigation by education authorities and police. Gauteng education MEC Panyaza Lesufi expressed his shock‚ commenting on Twitter: “Pray for us‚ Aowa‚ this can’t be. A Grade 2 with a gun!” He shared a report that indicated the weapon had..
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Man jailed after sangoma prescribes sex with donkey – Say no more!
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An Eastern Cape man has been sentenced to 12 months’ imprisonment after he pleaded guilty to having sexual intercourse with a donkey. He was convicted of bestiality. The 23-year-old Ntando Thembalethu Mankungwini claimed in court he had been instructed by a sangoma to have sex with the animal. The sangoma told him he would be..
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A STILLBORN NATION
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The older generation might remember that time back in the 1970’s when John Vorster decided to create a new nation. The term “Coloured”, in reference to a particular section of the South African population, was problematic. Uncle John came up with a new scheme. Coloured people would, in future, be referred to as “Plurals”. The..
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Hope you do not need an operation at Soweto’s World Famous Baragwanath Hospital
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Machinery breakdowns and staff shortages are cited as reasons for a dramatic increase in the backlog for patients requiring surgery at the Chris Hani Baragwanath Hospital‚ which is up to five years for a hip op. Gauteng Health MEC Gwen Ramokgopa has disclosed that 11‚736 patients are waiting for operations at the top state hospital…
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SABC posts R977m loss – Looks like consumers is boikoting the Public Broadcaster as well
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The South African Broadcasting Corporation posted a R977m loss after tax for the 2016/17 financial year, its annual report tabled in Parliament on Tuesday revealed. The public broadcaster’s net loss for the year ending March 2017 more than doubled from R412m in 2016, following a year of upheaval that included the dissolution of the permanent..
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