Posts tagged with 'ANC Regime'

 

Pravin Gordhan says cash-strapped SAA may have no money for salaries this month

Posted on Leave a comment

Minister of Public Enterprises Pravin Gordhan has warned that, while two unions at SAA are demanding salary increases for members, the airline might not even be able to pay any salaries at the end of the month.

The minister was speaking at a Parliamentary briefing on Wednesday. The meeting was called for feedback on power utility Eskom, but Gordhan – who met with unions on Tuesday – also made some remarks about SA’s cash-strapped national airline.

The minister said the strike was worsening the airline’s financial crisis. “SAA doesn’t have enough cash to possibly even pay salaries at the end of the month,” he said. “Not only will people not get increases but they might not even get their salaries,” he added.

Members of the National Union of Metalworkers of SA and the SA Cabin Crew Association have been on strike since Friday over wages, proposed job cuts and the demand that more workers
Continue reading…

Enjoyed this post? Share it!

 
 

Only 11 shortlisted candidates applied for Transnet CEO post

Posted on Leave a comment

Only 11 candidates have submitted applications that qualify to be shortlisted for the post of major boss for Transnet, three of whom are CEOs of the rail service.

The state-controlled entity, whose finances are also not too rosy, apparently has 11 candidates from which a new CEO will be appointed.

The appointment comes after the previous chief, Siyabonga Gama, was fired, and is only expected to be finalized in a week or more.

In addition to Transnet’s board of directors, an outside agency’s expertise was apparently used to interview and make a final decision.

Continue reading…

Enjoyed this post? Share it!

 
 

Farm owner behind bars after killing intruder in car – How corrupt is the SA legal system!

Posted on Leave a comment

A man caught in a car on a farm has been shot dead, but now the farm owner is in jail. The incident occurred on the farm Eensome near Roossenekal.

Mr. Willem Daniel Ackermann apparently saw a light inside his Honda CRV vehicle, which was parked on his premises.
He approached and saw an unknown man inside the car.

According to Mr. Markus Basson, who chaired the Roossenekal Farm Safety Forum for five years, said Ackermann asked the man who he was and what he was looking for.

According to police, the suspect got out of the vehicle and went to Mr. Moving to Ackermann.
Police say five shots were fired in total and the suspect was fatally wounded.

According to Mr. Basson was also given a knife at the scene.

The ambulance services declared the suspect dead at the scene.

Mr. Ackermann was arrested on the charge of murder and has already appeared in Groblersdal’s Magistrate’s Court.

The case has been po
Continue reading…

Enjoyed this post? Share it!

 
 

What a load of bull! – According to Stats SA, whites earn three times more than black people! – What do our readers say about this?

Posted on Leave a comment

Times Live recently published an article that about Stats SA’s latest report saying that the country is still one of the most unequal in the world. Inequality Trends in South Africa, released on November 14, showed that white people earned three times more than black people on average, two decades after apartheid.

The report also found that the wage gap between SA’s groups increased between 2011 and 2015.

It said black households faced the highest level of unemployment and earned the lowest wages, while white people’s salaries were higher.

The earnings of white people were about three times more than those of black people. Whites also had the highest annual median expenditure.

The average monthly earnings among black people were R 6,009 in 2006 and R9,186 in 2015, while the figures for the white population were R77,308 in 2006 and R100,205 in 2015.

Statistician-general Risenga Maluleke said income earnings in SA remai
Continue reading…

Enjoyed this post? Share it!

 
 

BEE now a must for real estate – No BEE certificate no fidelity fund certificate!

Posted on Leave a comment

In terms of the Real Estate Practice Act, Black economic empowerment (BEE) participation will soon be an obligation in the real estate industry.

Piet Le Roux, CEO of the business organization Sakeliga, is not in favor of the new legislation. He explains that those who previously met the necessary requirements could act as real estate professionals but with the new developments they will now have to have a BEE certificate as a prerequisite.

Le Roux believes that disguising participation in BEE processes as a professional requirement is blatantly harmful, unconstitutional and unfair. He points out that this is unacceptable political interference with the freedom of the industry and the prosperity of the industry for clients as well as the economy.

The new legislation provides that the Real Estate Practices Regulatory Authority may not issue a Fidelity Fund Certificate to any person who does not have a valid BEE certificate. No person may, therefor
Continue reading…

Enjoyed this post? Share it!

 
 

Those who are not in favor of the ANC are delighted with the developments: Power struggle amidst ANC ranks – Cadres are turning against each other for office

Posted on Leave a comment

A complaint filed at the Office of the Public Protector sheds some light on the fierce power struggle in the ranks of the ANC and its government.

The complainant who prefers to remain anonymous claims that Minister Lindiwe Sisulu is playing a chess game to get the deputy president removed from office to take office herself.

The Office of the Public Protector declined to comment on the complaint, strengthening the suspicion that such a complaint was received by Busisiwe Mkhwebane.

According to reports, Minister Lindiwe Sisulu is appointing loyal supporters in her department with the intention of pushing David Mabuza out of office as vice president and then taking the seat herself.

The move suggests that it puts her in a strong position to succeed Ramaphosa, especially if Mabuza’s influence is illuminated and the ANC president will receive much less support without his deputy’s influence.

Continue reading…

Enjoyed this post? Share it!

 
 

Unlawful R420m Gupta VAT refund – Sars legal head fired with immediate effect

Posted on Leave a comment

Revenue service Sars said on Friday it had terminated the services of its head of legal, Refiloe Mokoena, with immediate effect.

It said the decision was taken after a disciplinary hearing chaired by a senior counsel from the Johannesburg Bar.

Sars said Mokoena was found guilty of serious misconduct.

“Sars has accepted the chairperson’s recommendation of immediate dismissal and her services have been terminated with effect from today, November 15 2019,” Sars said.

BusinessLIVE reported in October that Mokoena, who was allegedly at the centre of granting the controversial Gupta family a reported R420m VAT refund, had been suspended.

It said Mokoena was asked by Sars in September to supply reasons why she should not be suspended by the tax agency over the Gupta refunds. Mokoena was one of five executives who were placed on precautionary suspension in recent months pending the conclusion of their disciplinary processes.

I
Continue reading…

Enjoyed this post? Share it!

 
 

ANC-regime needs to take notice – The cost of violent protests has spiked 100 fold in a decade

Posted on Leave a comment

The number – and size – of insurance claims filed with state-owned political risk insurer Sasria (the South African Special Risks Insurance Association) show just how much violent protests are costing South Africa.

In 2007, after nearly four years of economic growth of over 5%, Sasria received 540 claims worth R14 million for damage as a result of violent protests. Most of those claims were related to labour action.

By 2018 the number of claims had spiked more than 10 times, to 5,543 claims. But the increase in the value of the claims was a hundredfold, to R1.4 billion. Most of those claims were related to service-delivery protests, pointing to a failure of local government.

Protests and road closures have become a daily occurrence across South Africa as marginalised communities take to the street in the belief that they only get noticed when causing damage to public and private property.

There is also a worrying rise in sabotage, wit
Continue reading…

Enjoyed this post? Share it!

 
 

ANC piggy bank is empty – ANC regime owes municipalities R165 billion

Posted on Leave a comment

After a thorough investigation, it was found that the treasury of South Africa’s is indeed empty for a long time. It has been discovered that the state’s owes amount municipalities approximately R165 billion.

To make matters worse, it must be taken into account that the amount is valid for up to the end of June this year.

Economic advisers, on the one hand, explain why the municipalities cannot pay their Eskom and water bills.

Opinion polls say municipalities have the full right to cut off state power at the local municipal level.

The opinion was expressed that the ANC would have to start the president by getting his own house in order and meeting his obligations and paying municipalities what they owed, as this could in turn lead to relief at Eskom.

Salga confirmed that municipalities owe Eskom about R25 billion, plus R15 billion in water consumed.

Continue reading…

Enjoyed this post? Share it!

 
 

Junk Status looms – Implementation of NHI will have disastrous consequences for SA economy

Posted on Leave a comment

AfriForum today sent a letter to President Cyril Ramaphosa, Finance Minister Tito Mboweni and Minister of Health Zweli Mkhize warning the civil rights organization that the implementation of national health insurance (NHI) could eventually lead to the downgrading of the country’s credit rating to junk status .

This comes after the credit rating agency Moody’s recently downgraded South Africa’s credit rating from a stable to a negative outlook. The reason for this downgrade according to Mood is the bleak growth prospects and growing public debt. In its letter, AfriForum argues that unaffordable, ideological policies such as the NHI will lead to South Africa being downgraded to junk status, as the country simply cannot fund it.

“To continue with the implementation of the NHI will not only be disastrous for the South African economy; it will also inflate government debt to levels that will make it impossible to escape the downgrade to
Continue reading…

Enjoyed this post? Share it!

 
 

Insatiable greed for money amongst ANC ranks – MP Bernice Swarts involved in R500,000 scams

Posted on Leave a comment

The ANC’s MP, Bernice Swarts, is accused of being involved in a scam involving R600,000.

The ANC has apparently launched an investigation into the alleged scams where businessmen were under the impression that the money would be used for the ANC’s election campaign.

Continue reading…

Enjoyed this post? Share it!

 
 

South Africa’s army has run out of money – this is how much trouble it is in

Posted on Leave a comment

South Africa’s National Defence Force (SANDF) is in a dire financial state, and with no promise of future funding, things may still get worse.

Answering in a recent parliamentary Q&A session minister of Defence and Military Veterans, Nosiviwe Mapisa-Nqakula, said that current plans to get the SANDF back on track are entirely dependent on its funding.

“The prevention of the SANDF capabilities from declining further is entirely dependent on the budget allocation of the Defence Force, which has been decreasing at an alarming rate over the years with a negative impact of the entire capabilities,” she said.

“The Defence Review 2015 has been developed with a plan to arrest the decline of the SANDF but unfortunately no funding has been received to attend to the declining capabilities of the SANDF.”

Mapisa-Nqakula added that the years-long decline of the SANDF meant that it was becoming increasingly difficult to protect the country.
Continue reading…

Enjoyed this post? Share it!