“Privatise the damn SAA” you said. Time and again, whenever the latest scandal or disaster hit the “embattled” flagship carrier, you wanted ANC to privatise it. Little did you know that is exactly what they wanted you to say, and now the ANC have simply pocketed South Africa’s flagship asset, because that is what you thought you wanted. SA-News have said many times before, how the ANC under leadership of International Socialism, stole South Africa using one word, “racism”, but control of SA was never their main aim, it was always about stealing the country’s assets.
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EXCLUSIVE: ANC has Systematically Been Transferring SA’s Sovereign Assets & Wealth into its Own Private Pockets!
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#Gupta 2.0 – Harith, New Owner of SAA Set up by Mbeki Ramaphosa Faction Using Government Pension Funds?
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?
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RaceBaiting SA Cricket Director Blackmails Momentum Sponsor with Government Pension Fund & SOE Disinvestment & Bad BBBEE Ratings!
A tweet by a black female Director of Cricket SA has exposed what we always suspected: ANC regime uses control of State Pension Funds & Control of State Owned Enterprises to enforce Black Supremacy and Extort Money, Favours & Positions from private sector! On top of this they also use racebaiting, like the infamous racebaiting mafioso in USA, Al Sharpton, to threaten people and groups with false bad BBBEE ratings and false accusations of racism, if they do not comply, pay up or or do the bidding of the ANC regime! Who knows what has not been “gifted” or handed over, and how deep the rabbit hole goes, in this modern day mafia style gangster protection racket the ANC & EFF are running? Do not expect mainstream media or the courts to expose it…
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Were Clicks Protests Just Another Corruption Scam & Black Supremacy Dressed as Anti White Racism? Racebaiting Can Make You A Millionaire in SA!
Corruption & Racebaiting: The two things politicians and black businessmen in South Africa love the most, is extracting disgusting amounts of cash from public sources, and of course racebaiting, aka white bashing. It is starting to become clear that the Clicks fauxrage saga launched by Julius Malema, was much more than hurt feelings, after all, the business of making blacks look white, with hair straighteners, skin lighteners, hair extensions, etc., is worth BILLIONS! The first clue, which should have been obvious, was the mere fact that they were attacking a product popular amongst blacks, which mostly blacks buy. As the mainstream media’s attention was distracted by the racebaiting stick Malema threw for them, putting then in a frenzy chasing it, baying like the rabid dogs they are, we can only imagine what was going on in the background. Seeing not a single white face at the questionable meeting between Clicks management (60% black owned) and EFF, was a second clue.
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ANC Using #Covid19SA to Justify Plans to “Discipline Private Sector”, Nationalise Pensions & Plunder Central Bank Reserves in “Radical Transformation”!
THE STATE CAPTURE TO END ALL CAPTURES: True to their word, the ANC’s Ramaphosa and Nkosazana Dlamini Zuma (NDZ) are using the extended CCP-virus lockdown, as a cover to propose changes to the Pension law in order to grab pensions for massive redistribution of wealth, and tender fraud on a scale never seen before! Né Cyril? We should have known. The ANC is coming for your pensions with it’s promised radical transformation, turning the country into a fully communist, totalitarian and fascist black supremacist hellhole. In short they are throwing more wood under the pot in which they are slowly boiling the white minority frogs. Lots and lots of wood.
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ANC Regime Are African Tinpot Despots: Pension Fund Plunder Makes R556 MILLION “Profit” on Unused Bare Land in Klerksdorp! The Facts:
LAND DEAL OF THE CENTURY: We just can’t stop the ANC regime which has captured South African government institutions, to use as personal cash machines, running the country like African tinpot despots. The capture and crookedness, the famous #AfricanWay, is just too deep seated. Ramaphosa is sitting on the findings of the Mpati commission for several months now while the PIC, which runs the Government Employee’s Pension Fund GEPF), paid 28 times the going rate for a piece of of bare land which was bought by a fraudulent Klerksdorp developer, Isago@N12 Development, for only R20 million.
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#StateCapture 2.0: Ex SA Ambassador To Italy, Tembi Tambo, Oliver Tambo’s Daughter, Linked to Government Pension Fund Plunder! PIC Pays 28 Times More Than Market Price For Bare Undeveloped Land!
Down The Corruption Rabbit Hole: In yet another shocker for members of the Government Employee’s Pension Fund, it has been revealed that The Public Investment Commissioner (PIC) has “invested” in land, on their behalf, for R570 525 per hectare in Coligny where the average price per hectare is less than R20,000! The ex SA Ambassador to Italy, Tembi Tambo (pictured), daughter of Oliver Tambo, is a representative of @Isago, the company benefiting from this highly questionable transaction.
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Where Does All The Money Go? South Africa Borrowed R411 BILLION From China in 2018, Yet Now in 2020, Our Pension Funds Are Targets To Bailout R254 Billion of Eskom’s Self Inflicted Debt?
#ParasiticParastatals South Africans do need to be really concerned . There seems to be a black hole somewhere that is sucking up BILLIONS of Rands of not only taxpayer’s money, but even borrowing Billions more, and once the money is put in the black hole, it seems to be gone forever, creating the need for the government to look for hundreds of billions of Rands MORE, to keep debt laden State Owned Enterprises (SOEs) afloat.
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ANC regime just cant resist the old folks money – State still wants to use pensioners funds as a bailout for bankrupt SOE’s
The PIC group announced that they will meet in November to consider options to help the bankrupt state entity Eskom with its debt. Pensioners were given the assurance that the value of pensions would not be “wasted”. PIC already carries almost R90 billion of Eskom’s debt and more than one million public servants’ pension is..
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11 PIC Councilors offered to resign amid continuing scandals and suspension of senior staff
The Public Servants Association or as it is now known Public Servants Association (PSA) represents about 240,000 members countrywide and has just indicated that they will instruct the Public Investment Corporation (PIC) that no further investments in Eskom should be made. By purchasing Eskom bonds, pensioners are exposed to extremely high risk as Eskom is..
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Corruption on corruption, R3.9 billion missing – PIC managing government workers’ savings cannot determine where funds are
The never-ending spate of corruption incidents in South Africa are being disclosed one after another. The Public Investment Corporation (PIC), which is Africa’s largest resource manager, apparently found no trace of documents to indicate how and why an amount of R4bn was invested in the obscure oil company affiliated with the ANC and Jacob Zuma…
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PIC blows millions of of taxpayers money on selected members – embezzlement and corruption are once again the order of the day – tax payers are coughing UP and corrupt ANC members are wasting it
The former Head of Risk and Compliance at the Public Investment Corporation (PIC), Paul Magula, testified before the PIC’s Commission of Inquiry on how millions of Rands have been spent on a few select members of the corporation. Dan Matjila, the former Chief Executive Officer of the Corporation, once again stands in the trough of..
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ANC directors resigned without any resistance from their posts, just last week 9 members give notice from the Public Investment Corporation, most likely fearing prosecutions after they milked the state coffers empty
Deputy Finance Minister Mondli Gungubele, who has been accused of being involved in the corruption scandal, received skepticism from voters in the country and politicians overseas. As a result, after the allegations were made public before the investigation commission, he submitted his resignation alongside with the board members of the so-called Public Investment Corporation (PIC). The..
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Bantu Holomisa – UDM- accuses Nene of favouring PIC boss
United Democratic Movement (UDM) leader Bantu Holomisa has accused finance minister Nhlanhla Nene of favouritism after the national treasury announced on Wednesday that it would launch a probe into goings on at the Public Investment Corporation (PIC).
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VBS chair, Tshifhiwa Matodzi, family trust implicated in bank’s looting
The family trust of former VBS Mutual Bank chairperson Tshifhiwa Matodzi was allegedly paid nearly R5-million from Vele Investments’ heist of money from VBS Mutual Bank.
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