Posts tagged with 'costs'

 

ANC regime blows millions of rands on students to study medicine in Cuba – Costs amount to more than double the amount it would cost in SA

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Allegations are being made that the ANC Free State paid more than R330,000 per student to study in Cuba to become a doctor.

This is more than double the amount it would have cost in South Africa, and the biggest problem is that the students did not graduate.

It takes six years to graduate as a doctor in Cuba, plus one year to be taken as a language course beforehand to master Spanish.

Initially, 211 students were sent to Cuba, 33 of whom soon returned to SA, but soon after, one perished in a street of the capital.

The training of doctors in Cuba differs from the training offered in South Africa, and experts warn that the doctors are not necessarily suitable for the service expected of doctors.

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

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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
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Eskom shocked by new R36 billion bill from infamous Kusile unit – Well, isn’t this the last thing that utility and the South African taxpayer needed?

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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 – which was first published by City Press on Sunday – features a response from Eskom: They’ve confirmed that they received the whopping figure, but stressed that this won’t necessarily be the amount they have to cough up. According to the company, “it provided for a smaller amount in its total R161-billion Kusile budget.”

Why have Eskom been billed R36 billion from Kusile?
The bill itself consists of “unforeseen costs” that weren’t originally mapped out in the contractor’s plans. Kusile has been a nightmare for the entire Eskom grid, despite it being one of the most modern units in operation.

The build has b
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Thanks to the ruling ANC regime, SA’s economy outlook is getting worse with Eskom already plunging the country deeper into debt

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In an exclusive interview conducted by Die Vryburger with a well-known political analyst, it seems that 2019 is not a year of good prospects.

The anonymous expert says the projections are getting darker with Eskom, who is already plunging the country into debt with loadshedding.

In addition to the enormous R2 billion it cost daily to endure load shedding, it has a very negative impact on potential investors abroad.

The recession in which SA is currently, along with the tremendous debt burden of the state, forces the Finance Minister to take unfavorable measures to balance the scale, but cannot tamper with it because the election is at the door.

He says there is no reason to think that it will improve in the economic sphere in the second half of 2019, because the Rand is doubtful, gold mines are shaky because of the power supply’s load shedding, and this increases the possibility of higher unemployment. means that less personal tax i
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So Zuma is living a lavish life on  taxpayers’ hard-earned money! – Taxpayers have to fork out nearly R1m for Zuma’s air transport and cell phone account since he was removed from office as SA’s president

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Taxpayers have forked out just under R1m for former president Jacob Zuma, his spouses and support staff’s transport and phone bills in the first nine months of his departure from office.

President Cyril Ramaphosa revealed in a response to a parliamentary question published on Thursday that the state paid R150,668.38 for Zuma’s flights between February 14, the day he left office, and November 30.

A further R837,444.41 was spent on flying expenses, as well as cellphone, accommodation and car rental expenses for Zuma, his spouses and two support staff members during the period.

Ramaphosa was responding to a written question by DA chief whip John Steenhuisen who wanted to know about the costs incurred by the state on Zuma’s trips and all related expenses for the former president.

Steenhuisen also wanted information about the purpose of each trip undertaken, to which Ramaphosa said: “Former president Zuma no longer hold
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