After a thorough investigation, it was found that the treasury of South Africa’s is indeed empty for a long time. It has been discovered that the state’s owes amount municipalities approximately R165 billion. To make matters worse, it must be taken into account that the amount is valid for up to the end of June..
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ANC piggy bank is empty – ANC regime owes municipalities R165 billion
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PENSION FUND NEW PIGGY BANK FOR ANC-REGIME TO EMPTY
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There are speculations in government circles that the Trillion Rands currently in pension fund managers’ hands should be used to get South Africa out of its financial predicament, and not just to use the Eskoms, SAA, SABC etc. But believe me there are many other obscure motives behind the discussed move. When the IMF joins,..
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