The annual State of the Nation speech did not only turn into a circus as usual, but again, even more communism and even more Afrocentrism was the order of the day. South Africa now belongs to the vultures, and they will cackle about it till the rooster crows! All you can be sure of, is that there will be broad indications of their new plans to plunder even more, and even more folly with regards to State Entities, and the rewriting of our history. However, if you need a little reassurance, calm your nerves by reading TAU’s State of the Farmers Address, from an agricultural perspective.
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Forget The SONA Circus Where Scavengers Try Legitimize Their Greed, Here’s SOFA: State Of Our Farmers Address According to TAU!
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Ramaphosa lets the cat out of the bag: The bad news: ‘Our money’s up’
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Ramaphosa acknowledged in parliament on Thursday that South Africa’s financial resources were depleted while the country’s development needs were enormous. He did not say straightforwardly whether he supported “prescribed assets”, he said later, the pension fund industry and other stakeholders needed to talk about using pension fund assets to support the country financially. The country’s..
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The ANC regime now wants to loot your pension money to save their struggling state entities
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TAU SA expressed concern about the statements made on public forums by the ANC government where advocacy is being made to use SA’s pension capital for investment in so-called fixed assets. The size of the exit funds can make a huge impact on the national economy; according to the 2017 annual report of the pension..
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Economic recession awaits SA due to poor performance of the rand and begging mentality of state entities
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South Africa’s economy is plunging into an abyss, and the recession looms on the doorstep of SA’s door. This is the opinion of an expert in Pretoria following the extremely poor performance of the rand and the begging mentality of state-controlled companies. The latest plea from the SA Airways, asking the ANC-regime for a R4..
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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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Poor governance and corruption in the ANC regime is the main reason why many state institutions face bankruptcy, just take SABC into consideration who needs R3 billion before March 2019 to pay salaries and debt
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At least two councillors from the SABC have resigned. The Board has given notice to the presidency that three councillors resigned and all inquiries are referred to the presidency. This follows after alleged retrenchments by the Council and in combat with the newly appointed Minister of Communications, Stella Ndabeni Abrahams. There was a situation and..
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Your tax money will once again be used to pay the large salary packages of SABC managers – a propaganda institution of government
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The bottomless pit of state entities is becomes deeper and deeper, and the state has to pay more money to the SABC for its survival. Even more amazing is that parliamentarians have approved the request! There are concerns about the big salary packages and the large number of managers. Again, there is no amount linked..
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R59 million of taxpayers money will be spent to bail out bankrupt state entities
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Despite repeated assurances that bankrupt state entities will not be helped out again, Cyril Ramaphosa and the Cabinet announced that R59 million of taxpayers money will be spent to prevent entities such as SAA, SABC, Post Office and SANRAL, that are unable to pay their bills, from collapsing. SANRAL can no longer borrow money, the..
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