Life comes at you fast, right? The EFF are having a bit of a nightmare in their battle with AfriForum, who have found a cunning way to use their money. The political force behind the “pay back the money” movement sure have been practising what they preach recently, even if it hasn’t been on their..
Continue reading…
EFF are having a bit of a nightmare in their battle with AfriForum – Here’s how much the EFF have paid to help “stop” land expropriation
Posted on Leave a comment
See where your money goes! – R50 million a month is spent on salaries of 400 MP’s, some of which are sleepy in parliament, or just stay at home and do nothing on a working day
Posted on Leave a comment
The previous National Assembly speaker, Baleka Mbete, who was widely regarded as a somewhat inept person for the post she held, was worth R2,825,470 a year, amounting to a monthly fee of over R235,000. Then there is the deputy speaker who carries a R1,977,795 a year home that amounts to about R165,000 a month. The..
Continue reading…
Eskom in deep trouble as China withholds crucial R7-billion loan – partial loan to be paid out by China to bankrupt Eskom never occurred due to fears that bankrupt state entity would use money to pay salaries
Posted on Leave a comment
China is withholding a R7-billion payment meant to help Eskom combat its current financial issues due to fears that the power utility will not complete its power station construction projects. According to a report in the City Press, the Chinese Development Bank (CDB) has become wary of Eskom’s promises and is concerned that it will..
Continue reading…
Former CEO of Transnet is sued for R79 million and he is not bothered at all by the accusations
Posted on Leave a comment
For the first time, Transnet has initiated legal proceedings against former chief executive Brian Molefe. In the summons issued against Molefe, Anoj Singh and Regiments Capital, the amount of more than R79 million, plus interest thereon, is claimed. Apparently, the amount of a double payment has been made and claimed back, which is now being..
Continue reading…
Bankrupt Mangaung Metro does not have money for service delivery, but can spend a whopping R4.5 million during a festival
Posted on Leave a comment
Despite assurances that the bankrupt Mangaung Metro did not give money to the Macufe Festival, Netwerk24 has reliably learned that R4.5 million has been paid to the organizers. Executive Mayor Olly Mlamleli apparently requested a R4,5 million check for payment to C-Squared. C-Squared organizes the Mangaung Arts and Cultural Festival, which has just been held..
Continue reading…
Apparently Zuma is not the only one with a counting problem – It seems that NSFAS wrongly paid R500 million to students
Posted on 1 Comment
It is not only Jacob Zuma who can not count because the National Student Financial Assistance Scheme has wrongly paid more than R500 million to students. This means students received more money than they should have. In addition, approximately R303 million of unauthorized expenses were incurred. The body has now issued loans to the value..
Continue reading…
New trend to help cash strapped SA, pay R4 if you want to use the toilet at Home Affairs
Posted on Leave a comment
People visiting Home Affairs in Cofimvaba near Queenstown, Eastern Cape, say security guards force them to pay R4 if they need to use the toilet. If they don’t pay, they are told to “hold it in” or use an open field nearby to relieve themselves. GroundUp visits Home Affairs in Cofimvaba, Eastern Cape This “business”..
Continue reading…
Eastern Cape ‘defies’ National Treasury
Posted on Leave a comment
The Eastern Cape government is under fire for allegedly approving the payment of more than R170-million on broadband services in a deal that was not authorised by the National Treasury. The province wants to connect its departments with fast internet to improve service delivery. More than 7‚100 sites had to be connected‚ the Daily Dispatch..
Continue reading…
SASSA IRREGULAR EXPENDITURE GROWS TO R1.4 BILLION
Posted on Leave a comment
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..
Continue reading…