The Untouchables in a Gangster’s Paradise? Is it reasonable or ethical to make use of companies that do not consider themselves to be held accountable, for their actions in any private or public enterprise? While Big Tech has become seemingly untouchable, even from the US Supreme Court or Whitehouse, the same culture of supremacy, greed, lack of accountability, lack of transparency, and lack of responsibility seems to have created and sustained an environment in South Africa where IT negligence is acceptable, and lack of accountability is the norm, even when it comes to government institutions, contracts and tenders.
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Has Corporate SA Been Infected by ANC Corruption, Greed & Negligence? Dimension Data NTT Case Study
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ANC Government Begs for Private Investors to Pay for Transnet Extensions at “World’s Worst” Durban Harbor
Despite being named one of the worst ports in the world, and shortly after an entire container of ammunition disappeared from secure lockup in Durban harbor during recent riots, Transnet Port Terminals plans to create a “super terminal” in Durban, enabling the port to handle very large vessels, and hopefully improve the efficiency of the port after its dismal rating earlier this year. Seems the ANC wants to put private investors’ money at stake and at risk of plunder, because it is not being privatised.
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“I Had No Clue” – Ramaphosa Recommended Suspected Gupta Foreman Brian Molefe to President Zuma as “Mr Fixit” for Eskom!
Cyril Ramaphosa’s contorted testimony at the Zondo Commission on Wednesday, leaves more questions than answers, leaving Deputy Chief Justice Raymond Zondo a mystery of the Brian Molefe kind. After decades in the highest circles of politics in South Africa, Ramaphosa claims that he was unaware of what was going on around him? Ramaphosa, who was then Deputy to President Jacob Zuma, admitted that he had advised Zuma to transfer “Mr Fixit” Brian Molefe from Transnet, and appoint him as Eskom’s CEO in 2015, but the Guptas already knew it was coming in 2014?
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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!
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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Zuma’s Nkandla is Nothing Compared To Ramaphosa’s Pension Grab! Transnet Pension Debacle 2.0 Will Impoverish Twice More Blacks Than Whites & Will Encourage More Eskom Corruption!
#PensionCapture – As certain as we were told by mainstream media that there were WMD’s in Iraq, Ramaphosa’s proposed pension plunder will also be propagandised into appearing as a good idea by the establishment, who will frogmarch South Africa into allowing them to steal from the many, to give to themselves and their cronies. There are also two silent partners pushing this scheme, namely the banksters, who stand to make serious commissions, and also rescue their bad loans to a bankrupt Eskom, and possibly extend this plunder to other bankrupt parastatals (who they also lent money for), once they have pried open the door to SA’s last pot of gold, and then of course there is the ANC’s ever present shoulder parrot, the South African Communist Party, who is never far.
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#CelebrityDespots Why Do Black Eskom Workers Love Brain Molefe, Who Helped Guptas Plunder Transnet & Put Eskom R450 BILLION in Debt & Was Paid R2 Million a Month Pension?
AFRICANS LOVE THEIR DESPOTS: Black Eskom Workers who are members of the Government Pension Scheme and the powerful COSATU trade union, are allowing (unwittingly or not) Cosatu to allow the ANC regime to grab R254 Billion from their own pension fund, the GEPF, and they even supported Brian Molefe, ex Eskom CEO, who helped the Guptas put Eskom into R450 Billion debt, with song and dance!
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Where Does All The Money Go? South Africa Borrowed R411 BILLION From China in 2018, Yet Now in 2020, Our Pension Funds Are Targets To Bailout R254 Billion of Eskom’s Self Inflicted Debt?
#ParasiticParastatals South Africans do need to be really concerned . There seems to be a black hole somewhere that is sucking up BILLIONS of Rands of not only taxpayer’s money, but even borrowing Billions more, and once the money is put in the black hole, it seems to be gone forever, creating the need for the government to look for hundreds of billions of Rands MORE, to keep debt laden State Owned Enterprises (SOEs) afloat.
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Chinese company told to stop building Transnet trains – including notorious R54.5bn procurement contract for 1,064 locomotives
State-owned logistics company Transnet has ordered Chinese locomotives company CRRC-E Loco to “cease activities” at its Pretoria Koedoespoort plant, where locomotive manufacturers, contracted as part of a group of companies to assemble locomotives, are based. Mncedisi Ndlovu & Sedumedi (MNS) Attorneys, representing Transnet, last week sent letters to lawyers representing the Chinese electric locomotives manufacturers,..
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Transnet wasted almost R50 billion, most of which is used to buy trains that cannot be used in SA
State-owned entities are currently under considerable pressure and there is doubt as to how many of them have the ability to continue without the necessary financial assistance. This is the opinion of Auditor-General Kimi Makwetu, who last week released a national and provincial auditor’s report for the period 2028-2019 in Cape Town. He says there..
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14 SOEs rack up more than R1.4 billion in irregular expenditure
Auditor General (AG) Kimi Makwetu said not one of the 14 big state-owned entities (SOEs) audited by his office received a clean audit, a poorer outcome than last year. Makwetu was revealing the results of the national and provincial audits for the past financial year at Parliament on Wednesday. He said the financial health of..
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Trade unions are rejecting ANC’s plans to sell non-performing SOE’s
All indications are that the ANC is prepared to execute the Tito Mboweni plan and sell the non-performing entities. For the ANC it is like swallowing a prickly pear with thorns and all, because it is a testament to their inability to run certain entities profitably. The Ramaphosa government faces an enormous fiscal dilemma, and..
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Only in SA and probably a World First! – Prasa Train worth R50 Million was stolen in Umkomaas on Natal South Coast
A train belonging to the Passenger Rail Agency, a division of Transnet, was stolen from the Umkomaas railway depot and driven to Ilfracombe Station. The two thieves whom stole an empty commuter train from a depot , took it on a 12km joy ride from eMkhomazi to Umgababa on the KwaZulu-Natal South Coast, leaving security..
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Nedbank pockets R780m from the parastatal Transnet -Nedbank is the latest in a long list of private sector companies to be implicated in state capture
The banking sector will be rocked by allegations of corruption this week, when Transnet tells the commission of inquiry into state capture about Nedbank’s involvement in a controversial deal which saw the bank pocket R780 million from the parastatal. This week, Transnet’s acting chief executive, Mohammed Mahomedy, will appear before the state capture inquiry where..
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Relatives of ANC leader named as firm comes clean:- Jessie Duarte’s son, ex in kickback scandal
A company that scored tenders worth millions of rands from state-owned enterprises diverted money meant to fund supplier development programmes to ANC deputy secretary-general Jessie Duarte’s family members in return for them assisting it to snatch more state business. Combined Private Investigations (CPI), a company that was previously found to have spied on journalists and..
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South Africa in shambles: Did somebody say it’s a “Sh**hole”?
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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