This is a slim 15% of CEOs who still have a positive outlook on the South African economy’s outlook. They are still very confident and confident about what their companies’ return will be in the coming financial year. However, the growth rate that has almost reached zero point speaks to a different view, in which..
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Only 15% of CEOs are still positive about SA’s economic outlook
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Are the nails in the coffin for controversial Public Protector?
Black businessman Patrice Motsepe was elected to the World Economic Forum in Davos
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Billionaire Patrice Motsepe was elected to the board of the World Economic Forum in Davos at the gathering last week. Motsepe is a businessman and founder of African Rainbow Minerals, of which he is also the executive chairman. The announcement comes via social media after a storm erupted because he said earlier that South Africa..
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Man driving 309 km per hour on public road, arrested
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The owner of an Audi TT, the exceeded the speed limit in a 120 km zone by driving 309 km per hour on a public road where he was caught. Initially, the driver was suspected of driving away, but the traffic crews identified the car registration and the type of vehicle. This enabled them to..
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Calls for Death to Americans at US Embassy in South Africa! SA Communist Party chant ‘One American, One Bullet’ outside US embassy in Pretoria
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A threat of “one bullet, one American” was chanted outside the US embassy in Pretoria on Thursday, where hundreds of protesters gathered to protest against the US foreign policy in the Middle East. “The Americans are the biggest terrorists in the world. They are responsible for terrorism in Cuba, Venezuela and many other countries in..
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De Ruyter has an impossible task of saving bankrupt Eskom
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The fact that Eskom is in a bad position is common knowledge, and this news are reaching investors abroad. The dire condition of SA’s economy makes investors hesitant to invest in the country since they will be risking their money in the maze. After the ANC regime finally realized, after 25 years of mismanagement, that..
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Stellenbosch University is falsely being accused as a racist institution after blacks flaunt allegations left and right
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Students are once again obsessed with the so-called racism used by whites and complain about things that have nothing to do with racism, says an educator who wants to remain anonymous. This is all a ploy by globalists – why are blacks demanding the 4th most spoken language in SA, but not their own which..
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Bankrupt power supplier is struggling to maintain electricity grid and diesel generator units are used to prevent #rollingblackouts
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Eskom has now gone so far as to use its emergency reserves in an effort to evade load shedding. The diesel generator units have been used to prevent the burning of candles, but the diesel fuel bill is already more than 50% over the entity’s allowable diesel consumption according to its budget. Workers claim they..
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Despite Billions in Foreign Aid, ANC regime has plundered South Africa into bankruptcy over a 25-year period
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The extremely dire situation in which South Africa finds itself has raised the question of whether it is not yet time to make a survey of everything that has been destroyed in 25 years. A political analyst points out that the first red light came on when municipalities across the country, all of which had..
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Why do people vote for same leaders who don’t deliver services?
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Service delivery protests in South Africa are continuing as different municipalities fail to deliver their mandate of providing basic services to their communities. The Maluti-A-Phofung municipality in Free State has not supplied water to Qwaqwa since last year December and tensions flared up when a young girl drowned while trying to collect water from a..
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PRASA’s bank account is apparently empty!
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Transport union Untu says the passenger rail agency or Prasa’s bank account is empty. Sonja Carstens, Untu’s spokesperson, says there is not even money to buy new brakes for trains. The law firm, Werksmans attorneys, has also suspended its services to Prasa due to an outstanding 19-million-rand account. Werksmans assisted Prasa in various court cases..
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SA’s high unemployment rates are swept in front of Eskom’s door
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Mining houses and corporate businesses are accusing Eskom for the high unemployment rates since their pathetic service delivery is causing uncertainty in the economy. Several institutions announcing in recent weeks that they would need to start retrenchments, unemployment has increased alarmingly rapidly and even greater retrenchments are provided. The uncertainty caused by Eskom in the..
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Eskom cannot deliver sufficient and sustainable power, ANC regime now approves alternative options
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The ANC regime has finally realized that Eskom is unable to provide sufficient, and sustainable, electricity to consumers. The news that the government has agreed that municipalities may start their own power supply is a complete turnaround in policy and is also contrary to the AMC-SACP alliance’s communist approach to control everything for everyone. There..
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Cape Town Municipality demolishes shacks at illegal informal settlement
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Spokeswoman refuses to say how many shacks in Zweledinga were destroyed after the Cape Town municipality decided to demolish parts of it. The shacks were flattened over the weekend in the Khayelitsha area, but municipal officials refuse to say what the number was destroyed. Councilor Malusi Booi responded elusively, saying it was operational information that..
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SA chrome firms warn of more than 1,200 job cuts – Eskom’s unreliability and rising tariffs were some of the main reasons for the layoffs
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Joint venture partners Glencore and Merafe Resources could cut up to 665 jobs and have started consultations with workers at their Rustenburg ferrochrome smelter. Local chrome firms on Monday warned of more than 1,200 potential job cuts, citing power cuts, rising electricity tariffs and increased competition from overseas. The potential layoffs highlight the risks posed..
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