Hundreds of cows dying from neglect has been termed “a challenge” by the MEC for Agriculture in the Eastern Cape, Nonkqubela Pieters. What normal people would call animal abuse, the socialists (sociopaths?) call a challenge? It is becoming patently clear that Ramaphosa’s “our people” simply cannot, or do not want to farm, they just want the cash handouts and free stuff that comes with all these disastrous virtue seeking schemes. The milk farm financed by the state to the tune of R43 million, as a much publicised empowerment project for “our people”, has collapsed in the Eastern Cape, leaving most of the cows dead and not much going on besides the odd sickly cow wandering about.
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Communism FAILS Again! Another ANC BEE Milk Farm Collective Ends in Disaster, Despite (or Because?) R43 Million of Our Taxes Being Given To Them!
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ANC Socialists Successfully Make Another 1.5 Million People Unemployed, Making Them Dependent on ANC Welfare Grants! Communism 101
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The CCPvirus remains the gift that keeps giving for large corporations and anti small business communists the world over, especially in South Africa where another 1.5 Million people have become unemployed. From “big box” big name retailers who are making record profits selling online, and having their small business competition permanently put out of business in lockdowns, to despotic socialist regimes like the ANC, who want more people dependent on them for welfare handouts, so they can control every aspect of their lives (and coerce them to vote ANC). However demand for welfare and emergency funds are high, with stiff competition from corrupt ANC cadres and thieves making away with large portions of the emergency loan funds already!
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SA has a national debt of R3 trillion rand and tax deficit of R53 million
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Following the disappointing mid-term budget speech by Tito Mboweni, the Rand reached its lowest level in weeks. Eskom’s rescue plan has nowhere really figured in either Pravin Gordan’s submission or Mboweni’s budget reason. The government’s financial situation is rapidly deteriorating with the national debt of R3 trillion and a tax deficit of R53 billion. Moody’s..
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While National Treasury and SARS scramble for money, a new focus has been placed on the revenue service’s plans to tax SA expats working abroad , who could face having 45% of their earnings over R1 million fed back to government
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South Africa’s expat tax is coming – and there’s only one way to legally avoid it. Speaking on The Money Show this week, personal financial advisor at Galileo Capital, Warren Ingram said that even though the actual rules around the tax are yet to be finalised, they are planned to come into effect in March..
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Sin taxes are increasing – South Africans are going to have to pay more for cigarettes
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According to the Tobacco Institute of SA (Tisa), the country loses approximately R8 billion annually due to the increase in the sale of illegal cigarettes. Sales from July 2018 increased from 33.4% to 41.8% in October 2018. According to the chairman of Tisa, Francois van der Merwe, the cigarettes are manufactured locally, but no indication..
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Influence of Zuma and the Guptas is still sinking government entities – Denel struggles to pay salaries
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The weapon manufacturer Denel could not pay his senior management’s full salary at the end of September. Denel needs urgent funding and financial assistance and will probably be helped by treasury with tax money to continue production. The influence of Zuma and the Guptas is still having a great influence on state entities and are..
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Taxpayers reluctant to submit return – Can you blame them?
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The South African Revenue Service (SARS) is apparently badly affected by a silent protest by taxpayers who no longer wish to submit returns and therefore probably no or less tax are therefore paid.
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Sars’ brand diminished by unskilled staff
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For every step in the right direction, Sars manages to tumble down two. The Tax Ombud is slowly gaining ground in assisting taxpayers in resolving their tax differences with Sars. Unfortunately, these “tax differences” are frequently of Sars’ making, and as Sars slips further behind in the revenue target, so can we expect an exponential..
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SARS feeds Guptas and ANC
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A Parliamentary Question from the FF Plus regarding complaints received from the taxpayer (SARS) since the tax ombudsman came into existence indicates that everything is not well in SARS and that this service can become less and less trusted in dispute with Taxpayers themselves. Adv. Anton Alberts, the FF Plus parliamentary spokesman for finance, asked..
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It is OK to abuse tax money as long as you beat a ‘deadline’ when a new law comes into effect
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Public officials who abused taxpayers’ money to get themselves government tenders amounting to R48 million are legally off the hook. More than 200 state employees, who were reported to management for dodgy dealings, couldn’t be touched because a new law hadn’t come into effect yet. And government can’t do anything about it, according to Eugene..
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