South African property companies are currently taking billions of rands across the country by making investments overseas. This is due to the poor economy, increased municipal rates and taxes, as well as political uncertainty in the sector as well as fears of expropriation without compensation. Investments overseas in 2018 were almost four times more than..
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Billions of Rands are taken out of SA because of the ANC regime’s inability to manage country effectively
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President is gallivanting throughout the world while violence, protests, murder, strikes are on the order of the day and SA’s debt is getting bigger – wonder if he would repeat his lies on farm murders in SA overseas
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Municipal and city council debt to Eskom is in an upward spiral with the latest figures of R17 billion by the end of September. The same pattern is found at the various waters where little progress is made with debt collection. A number of recommendations have been made but no decision has yet been taken..
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