Implementing a National Health Plan does not mean, like Eskom, demanding a R50 billion from the government’s money it has collected from taxpayers. The reality is, too, that it cannot come into effect by making a slight upward adjustment in the personal taxes levied. The reality is that at least R180bn to R250bn will be.. Continue reading…
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Taxpayers have so far paid about R5.4 million on civil servants salaries who sit at home due to improper sickness or temporary disability leave in the past year and not doing any work at all. The largest amount of money was paid out by the Department of Environmental Affairs with a huge sum of R1,6.. Continue reading…
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A newly released report shows that South Africa’s motorists are being “sucked dry” with heavy levies while little of its intended for the right purpose. Ten years ago, the total tax on fuel was R1.77 and now it has become R5.73 per liter. Financial experts point out that the government is abusing the fuel levy.. Continue reading…
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Financial expert Dawie Roodt has explained the chain of events he believes will see South Africa follow the same path Zimbabwe has. Roodt wrote in a column for the Huffington Post this week how South Africa’s economic woes will eventually lead to state looting of taxpayers, then savers, and eventually investors. Where South Africa will.. Continue reading…
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Poor and incomplete work at a development in Germiston leads to thousands of rands being lost with a R102 million project undertaken by the Development Bank and the Ekurhuleni municipality. The project is wrecking due to the inability of the contractor, TCT Civil & Construction, to complete the work. Poor workmanship is just one of.. Continue reading…
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Billions and billions have been thrown at The South African Airways (SAA), but the airline don’t have much to show for it. It’s hard to recall a time when the limpest of all our state-owned entities was successful on its own two feet. It has a history of relying on fiscal interventions, needing contributions from.. Continue reading…
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Luxury travel, free housing and domestic staff along with salaries in the R2m a year bracket are all in store for the politicians who woke up as freshly minted members of President Cyril Ramaphosa’s cabinet on Thursday. AfricaCheck has crunched the numbers and found that cabinet ministers will receive an annual salary of R2,401,633. Deputy.. Continue reading…
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Hardworking humble South African taxpayers have to pay for the inauguration while still having to tolerate; sub-standard service delivery, corruption, state capture, lies, load-shedding and fuel price increases to name just a few extreme inconveniences and chaos individuals are expected to tolerate. AfriForum condemns the decision by the presidency to press on with the exorbitant.. Continue reading…
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With Eskom set to receive a R70 billion government bailout over the next few years, they could lose more than half of that amount before they even get going. Another set of spiralling costs have floored the utility, who have been billed R36 billion by contractors working on the Kusile Power Plant. The report –.. Continue reading…
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Apart from the fact that taxpayers had to foot the bill for the state’s expenses, the amount of which is unknown, but has amounted to millions. The recent election has pushed the struggling economy another step closer towards junk status with the tremendous expense of political parties. The ANC spent more than one billion in.. Continue reading…
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While everyone is encouraged by the ANC regime to help build the economy, so-called governors are making the taxpayers’ contribution to the Treasury wastefully wasted. If R750m from the empty treasury is dumped to renovate the homes of ANC ministers and deputy ministers and even pay thousands of Rands for dog kennels, it’s no wonder.. Continue reading…
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The boisterous leader of the Economic Freedom Fighter (EFF) has slammed those who say he is not fit to govern South Africa. Malema urged all to look at his impeccable records in the past, so they can see that he can do better if given the opportunity. He noted that he would fire useless ministers.. Continue reading…
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The lie of Eskom continues, and the 1,100 MW bought from Mozambique and now being unavailable is only the tip of the iceberg of tragedies. Maintenance at the Eskom power stations has been taboo for years – it was always white people’s way of wasting money and labor, and the ANC regime, with its strange.. Continue reading…
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The former Head of Risk and Compliance at the Public Investment Corporation (PIC), Paul Magula, testified before the PIC’s Commission of Inquiry on how millions of Rands have been spent on a few select members of the corporation. Dan Matjila, the former Chief Executive Officer of the Corporation, once again stands in the trough of.. Continue reading…
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