The United Liberty Alliance has issued a statement regarding the apparent Scorched Earth Strategy now being inflicted on the South Africa Farming Community. Since Sunday October 18th disturbing reports of farmlands being set alight in what appears to be a well planned strategy have started surfacing on social media in South Africa and escalating, as it continues to occur in more towns of the north western Free State. Up until Tuesday 20th at noon, no mainstream media news reports could be found emanating from any of these platforms even though numerous messages, visuals and voice notes have been sent across open community platforms which include certain emergency support groups.
Continue reading…
Barbaric Escalation To Socialist Driven Scorched Earth Tactics Against South African Farmers Underscores Need for Minorities to Secede ASAP! – ULA
Posted on Leave a comment
RaceBaiting SA Cricket Director Blackmails Momentum Sponsor with Government Pension Fund & SOE Disinvestment & Bad BBBEE Ratings!
Posted on Leave a comment
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…
Continue reading…
SOE Alexkor Goes Bankrupt! ANC Cannot Even Make Profit From Diamond Mining? Yet Again, The “Permanently Disadvantaged” Plunder The Golden Goose to Death!
Posted on Leave a comment
If ever there was a business that should be a cash cow for the ANC government, diamond mining is it, well, maybe it is, directly into their back pockets! The ongoing weakness and current record low Rand value means record high prices for Alexkor’s diamonds, which come from a vast resource of 90-95% gem-quality diamonds which exists off the west coast of Southern Africa. In fact it is so precious the entire area is off limits to the public, yet still the ANC government manages to make it bankrupt? Alexkor joins the long list of almost every single other SOE going bankrupt, begging the question to be asked, whether this is deliberate?
Continue reading…
BUSTED! Massive R568 Million PIC Plundered From Government Workers Pension For Bare Land, Was To Save Bankrupt Pension Fund For Politicians!
Posted on Leave a comment
ROBBING PETER (GEPF) TO SAVE PAUL (POLITICIANS) WHO WAS ROBBED TOO. Solidarity trade union has uncovered the reason why PIC approved an obviously fraudulent transaction. They called it right, watch this space. The massive R586 million overpaid by the State monopoly managing the pension fund for government workers (GEPF), the Public Investment Commissioner (PIC), has incriminated themselves and broken all ethics and codes of conduct, such a body should adhere to, when they tried to bailout the bankrupt municipal councillor’s pension fund, the majority of whose members are ANC councilors, it now seems.
Continue reading…
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?
Posted on Leave a comment
#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.
Continue reading…
Rothschild & Globalist Big Business Elites in SA Agree With COSATU, To Let ANC Plunder Private & Government Pension Funds, To Bail Out ANC’s Eskom Cash Cow!
Posted on Leave a comment
#FollowTheMoney How much money have Banksters earned out of the plunder and ransacking of State Owned Enterprises, like Eskom, at the hands of the gangster ANC? Well, you were taught, or rather brainwashed, to think that crony capitalism and champagne socialism were at two opposite ends of the political spectrum? Four things however you can be sure both have in common, is greed, spending other people’s money, lust for power and hording all the assets and wealth into the hands of the few elites. This was proven this week when Corporate elitists in South Africa, under leadership of the Rothschild company in SA, agreed with COSATU (a powerful Trade Union which forms the triumvirate of power in SA, with the ANC & The Communist Party of South Africa), that the ANC government can raid pensions of ordinary people, including the Government Employee’s Pension Fund (GEPF), to bail out Eskom’s debt! Welcome to the dialectic…
Continue reading…
SAA crisis becomes ANC nightmare – No banking institution wants to borrow R2 billion for bankrupt government-controlled entity
Posted on Leave a comment
The competition to get SAA free will now begin, which the weakest state-controlled entity now has literally no value. The government’s inability to live up to its promise and make another R2 billion available to SAA as the largest rescue buoy has now made the entity very shaky. Salaries for January can still be paid,..
Continue reading…
SAA’s wings cut – bankrupt SOE can only pay salaries in January
Posted on Leave a comment
The bankrupt, state-owned SAA airline company will manage to pay its staff salaries for January, but that’s where it all ends. With a bankrupt government failing to fulfill its pledge to pump another R2bn into the soe, it looks as if SAL will not remain standing. The airfreight company faces three serious problems, and the..
Continue reading…
State-owned Landbank becomes the first State Owned Enterprise to be downgraded to junk by Moody’s
Posted on Leave a comment
The Land Bank has become the first big state-owned company in SA to be relegated to junk status by Moody’s rating agency. The New York-based agency, which is the last remaining among the big three to rate SA as investment grade economy, said given government’s fiscal challenges, it expected less financial support for the Land..
Continue reading…
Alexkor, SA state-owned diamond company is on life support
Posted on Leave a comment
South Africa’s state-owned diamond mining enterprise Alexkor is desperately in need of cash to pay expenses, but does the struggling entity deserve more funding? Its marine-based concessions stretch from Alexander Bay to Port Nolloth, while its land-based concessions span the equivalent of 865km2. It mines the latter through its Pooling and Sharing Joint Venture (PSJV)..
Continue reading…
Cash-strapped Road Accident Fund struggles to pay billions in outstanding debt – This is just another SOE that is collapsing under ANC-regime’s rule
Posted on Leave a comment
As thousands of road accident victims are anxiously waiting to be compensated by the cash-strapped Road Accident Fund (RAF) following court orders in their favour, the Gauteng High Court, Pretoria, is expected to soon deal with the fund’s inability to pay up. Hundreds of claimants recently turned to the court where they had obtained an..
Continue reading…
SAA’S business rescue position – Bankrupt SOE will be restructured,no further bailouts to be handed out – Are their wings finally cut?
Posted on Leave a comment
Minister Pravin Gordhan’s stance at a board meeting of the bankrupt SA Airways has sent shock waves, the councilors as well as the shipping company’s worker are totally stunned by the so-called “business rescue position” that will be exercised without any delay. The minister also confirmed in a statement that the board of the airlines has..
Continue reading…
Denel’s huge contract worth billions of Rand halted after dispute over inspection arises – How long will the cash-strapped SEO remain standing?
Posted on Leave a comment
South Africa has blocked Denel’s huge contract worth billions of Rand. The contracts, the largest of which are for weapons in the two countries, Saudi Arabia, and the other in the United Arab Emirates, have been blocked and could eventually be canceled by the buyers. South African manufacturer Denel, which, like many other state entities,..
Continue reading…
Parasitic SOE, Prasa also bankrupt? – Eskom threatens to cut power supply to trains due to default in payment
Posted on Leave a comment
This past week, the ANC’s president, Cyril Ramaphosa, had to intervene so that Eskom did not cut off the Passenger Rail Agency of SA (Prasa) power supply. The power supply would be cut off if the president did not intervene, and Prasa’s power supply for electrically powered trains would be cut off, which would force..
Continue reading…
Pull the generator closer and get those candles ready, Eskom #rollingblackouts will be with us shortly
Posted on Leave a comment
Eskom expressed its disappointment over the decision of the rating agency Moody’s that further downgraded the bankrupt entity of the state. The Moody’s Investment Service downgraded Eskom from a B2 to a B3, which means the entity has no confidence in consumers or the rating agency. With the downgrade, Eskom is brought into line with..
Continue reading…