Nedbank chief economist Dennis Dykes says the Zuma regime has cost South Africa R470bn. Dennis Dykes says they have done a thorough calculation that is South Africa’s loss due to corruption, maladministration and distorted policies in Jacob Zuma’s second term. He says there was an estimated loss of R140bn due to taxes lost and now..
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Economist says Zuma government cost taxpayers about R470bn – What a waste of good money!
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Billions and billions of Rands are pumped into the SAA ‘black’ hole
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The already struggling and bankrupt SA Airline received a further rescue buoy of R5 billion of taxpayers’ money from treasury.
SAA has not shown any profit for the past six years and state aid has so far already reached R20 billion.
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State official went on a luxurious spending spree with taxpayer’s money
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A senior government official is being investigated for allegedly splashing thousands of rands of taxpayer’s money on a car for his girlfriend and furniture for her house during a two-year spending spree.
Between 2014 and 2016, July Maphosa, a director at the sustainable livelihoods programme of the Gauteng department of social development, which is meant to support needy families, also allegedly instructed a service provider to transfer funds to buy a luxurious car for a friend.
Budget increase for Zulu King is milking South-African’s dry
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King Goodwill Zwelithini is getting more money. KwaZulu-Natal Premier Willies Mchunu announced during his budget vote for the 2018/19 financial year in the provincial legislature in Pietermaritzburg on Thursday that the Zulu monarch’s annual budget has been increased by R7-million‚ from R58.8-million last year to R65.8-million this year.
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A top parliament official spent R4m of taxpayer money on travel costs
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A parliamentary official has been exposed for wasting millions on some rather ridiculous travel costs. Now, he will have to account for himself.
Parliamentary chief Gengezi Mgidlana is in very hot water over a finding that shows him spending R4m of taxpayers’ money on transport. On Friday, the Cape Town High Court dismissed his bid to stop Parliament carrying out a disciplinary hearing.
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The State Security Agency makes second attempt to gag Jacques Pauw’s book
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The State Security Agency has sent yet another cease and desist letter to get The Presidents Keepers withdrawn from bookshelves, but this time the letter was sent to its title editor Russel Martin. Authur and veteran journalist Jacques Pauw announced during the official launch of his book that the SSA’s cease and desist letter gave..
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‘Pay back the money! She is a thief!’ ANC chants at De Lille during council meeting
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Patricia De Lille on Thursday said she has not stolen a single cent, insisting she had enough money to even consider lending money to the City of Cape Town – at a low interest rate – to deal with its water crisis. “I don’t need money from anyone,” she said ahead of her address during..
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