In spite of repeated assurances that Eskom would not receive further financial assistance from the state, R17.6 billion was donated to the so-called national power provider last Friday. The loan from China Development Bank could not pay out the R7bn of the loan as promised. It appears that the financial crisis is greater than anticipated,..
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Eskom’s “state-guaranteed debt” currently amounts to R291bn to national power provider once again receives R17.6bn lifeline
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Minister sued for R500,000 for unpaid power and water bill
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Lindiwe Sisulu is allegedly sued by the City Council of Johannesburg for unpaid water and power bill worth R500,000. The account is believed to be a home in Bellevue and the outstanding account was canceled by an ANC official in 2015 so that Sisulu could obtain a tax clearance document to sell the house. A..
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South Africa’s Economic and Social Decline As Bad as A Country At War, But it’s Not At War, is it?
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New research from think tank Eunomix Business & Economics found that South Africa endured one of the worst declines over the past 12 years for a country not at war. The country’s performance on a range of social, economic, and governance measures deteriorated more than any other nation not involved in an international or civil..
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Mayhem and havoc broke out at Steynsrus as illegal protesters destroyed infrastructure and looted town
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Following havoc and mayhem that took place, recently at Steynsrus and Kroonstad where critical infrastructure and resources were destroyed, the Provincial Commissioner of the police in Mpumalanga, Lieutenant General Mondli Zuma spat fire, condemning the perpetrators, masquerading as concerned and affected citizens whereas some have criminal intent of cashing on the misery of citizens. The..
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Bankrupt SA’s bankrupt governors – taxpayers’ contribution to the treasury is recklessly ransacked
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While everyone is encouraged by the ANC regime to help build the economy, so-called governors are making the taxpayers’ contribution to the Treasury wastefully wasted. If R750m from the empty treasury is dumped to renovate the homes of ANC ministers and deputy ministers and even pay thousands of Rands for dog kennels, it’s no wonder..
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The ANC Accountability – In just over 25 years, a godless, communist government has managed to “rule” a once prosperous country to the brink of bankruptcy
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The tragedy in our country is that Africa never, but never takes responsibility for its own shortcomings or failures. Something or someone else will always be found to blame. In just over 25 years, a godless, communist government has managed to “rule” a once prosperous country to the brink of bankruptcy. What is even worse..
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ANC Election Donors – Companies like Sanlam, Angelo American, MTN fund the ruling party
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SA’s political parties have been receiving donations in the form of money, goods and services for years from the likes of banks, corporations, individuals, foreign entities, governments and political parties, and state-owned enterprises. Although donations to political parties are not always in hard cash, the largest donations are usually paid into bank accounts. Sometimes goods..
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South Africa in shambles: Did somebody say it’s a “Sh**hole”?
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Mzansi has hit rock bottom and the ANC GOVERNMENT is the cause of this all. Ok so Municipalities cannot pay salaries, SABC cannot pay salaries and is bankrupt, Denel cannot pay salaries and is bankrupt, Transnet is bankrupt, SARS is running in a minus, SAA cannot pay salaries and is bankrupt, Escom is Bankrupt, Telkom..
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Ramaphosa promises 1 million houses and tablets for Alexandra residents over next five years during campaign tour
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Cyril Ramaphosa has promised the residents of Alexandra one million houses over the next five years, as well as tablets for schools. The president made the ambitious pledge while speaking to a crowd at Alexandra stadium. Ramaphosa also threw shade at Johannesburg mayor Herman Mashaba, saying that Mashaba was afraid of the Alexandra residents. Ramaphosa’s..
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Ramaphosa administration is set to splash out R750 million on renovating minister’s homes and other government buildings at a time when the country’s tax-collection revenue is on the decline
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President Cyril Ramaphosa’s administration is set to splash out on renovations for ministerial homes and other government-owned buildings, including R29 million on a guardhouse and R29 million on gates and a doghouse. The Sunday Times reports that more than R730 million has been set aside for a number of upgrades, at a time when the..
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Just look at the sign – Can the ANC do Anything right?
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These signs showed up in the Nelson Mandela Bay district this week. Look at the spelling mistake. The poster exhibits “Lets Grow South-Africa togher”. It seem like the ANC can’t do ANYTHING right! This should read ‘Let’s Destroy South Africa Together’
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VBS Bank’s ghost walks in Venda – king of Venda, also had money invested at the bankrupt VBS Mutual Bank, and now he has to repay R17 million
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Toni Mphephu Ramabulana, the king of Venda struggles to survive after an appeal court case that ordered him to repay R17 million to VBS he had previously received from the bankers. King Ramabulana and about 50 shareholders businessmen, politicians, and traditional leaders are accused of enjoying unauthorized benefits from the bankrupt VBS Bank. The VMS..
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Illegal squatters under siege by rubber bullets during evicting proces, now threaten to make Mamelodi ungovernable if ANC regime does not provide free housing to them
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The squatters residing illegally in Mamelodi East were left scattered by the Red Ants during a cleaning process at unfinished buildings. Rubber bullets have been used to remove more than 100 squatters. The buildings are still under construction with sanitation and electricity connections still to be done. Allegations that the buildings have been empty for..
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More than 22 ANC candidates are not eligible to stand in election, Ramaphosa does not oppose them for fear that his comrades will turn against him as president of the ANC
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Political analysts argue that the pointing out of candidates who are unsuitable in the election pose a problem to ANC president Cyril Ramaphosa. If he were to act and remove the candidates, there would be disagreements within some ranks. If he did not act, investors would attack him as he promised to eradicate corruption within..
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SA has been plunged into a total state of mayhem while the president is on tour to recruit white, black and brown votes
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The main routes in Pretoria, Johannesburg and Cape Town had to be closed due to protest actions by anarchistic groups. The protesters and stone throwers have voiced their demands to the government one after the other, while the police’s reluctance or incompetence again emerged by not controlling the situation. The N1 to the north had..
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