What did South-Africans used before candles? Electricity! – Eskom is apparently technically bankrupt and its R420bn debt currently accounts for 15% of the country’s debt – will no longer exist at the current projection by April 2019

The Portfolio Committee of Public Enterprises heard at the hearing of the Department of Public Entities that Eskom was “technically bankrupt”.

Eskom will no longer exist at the current projection by April 2019.

The power supply’s R420bn debt burden currently accounts for 15% of the country’s debt and its revenue has increased fourfold since 2007 but its expenses, especially with staff overload, have exceeded revenue. Staff alone increased from 32,000 to 48,000 in eleven years.

Despite the increase in staff, critical knowledge was lacking, which resulted in 40% of interruptions at the different power stations being attributed to “human factors”.

The original article can be read in Afrikaans on Die Vryburger
This report does not necessarily reflects the opinion of SA-news.


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ANC president builds poor record due to numerous occasions where he has been caught distorting the truth, now Ramaphosa refuses to show the contract between his son and Bosasa

President Cyril Ramaphosa refused the opposition party’s request to disclose the contract between his son, Andile Ramaphosa and Bosasa.

Opposition parties claim that its refusal indicates that the contract does not exist and the president has once again lied.

Observers reckon that he is becoming increasingly entangled with all the untruths and denials that further detract from his credibility.

To date, the ANC president has built up a poor record because of the numerous times he was caught up in distorting the truth.

The original article can be read in Afrikaans on Die Vryburger
This report does not necessarily reflects the opinion of SA-news.


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The National Health Insurance Act which will soon be put proposed, to provide free health care to everyone, regardless of where they are calling for medical care, will lead to chaos in private hospitals and may finally break the country’s economy

According to President Cyril Ramaphosa, it is clear that the country’s health care is in crisis and needs rehabilitation.

More than 75% of state hospitals budget goes for salaries that are severely affected by patients who are not receiving proper treatment due to a money shortage.

According to Ramaphosa, the National Health Insurance Act will soon be tabled, which will provide free health care to all regardless of where they call for medical care.

Experts point out that Zuma’s “free education” has plunged the country’s universities into chaos, and now its successor comes and wants to get the country’s total health care messed up.

The result of the policy will lead to chaos in private hospitals and may finally break the country’s economy.

The original article can be read in Afrikaans on Die Vryburger
This report does not necessarily reflects the opinion of SA-news.


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WHO DIDN’T CHECK THE CALENDAR? – Ramaphosa just killed Indaba 2019 – Biggest tourism expo to take place on the general election date

Ramaphosa stood up in Parliament on Thursday and emphasized the importance of tourism. And then he killed 2019 tourism.

When he decided on a general election on 8 May, didn’t any body bother to look at the calendar? Indaba, the biggest tourism expo in South Africa, usually the destination for foreign investors and visitors, takes place on 8 May.

And arrangements are now too far to re-schedule or postpone. Cancelling would cost millions, not only in wasted funds, but in lost revenue.

A number of influential people in the tourism world indicated that they will not be attending this year, on the one hand because they need to be home for voting day, on the other: Why go to the expense of setting up a stall at Indaba if nobody is going to be there?

Ramaphosa just killed Indaba 2019. And the tourism industry will feel the effects. How is it possible that such elementary things cannot be considered while trying to govern a country?

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South Africans should brace for more rolling blackouts as the power grid is unstable and cannot produce enough power to sustain the country

Eskom warned of wider controlled power cuts on Monday after six additional generating units unexpectedly went offline. The power utility launched stage 4 load shedding, which requires the shedding of 4 000 megawatts from the grid.

The Cape Chamber of Commerce and Industry is shocked by the sudden dramatic increase in load shedding.

“How is it possible for six units to go down at the same time?” asked Ms Janine Myburgh, President of the Chamber. “It is just too much of a co-incidence and we must ask if this is not another case of sabotage?”

Sabotage was blamed for a previous bout of load shedding, but the form it took was never explained to the public, except for workers who prevented coal deliveries from taking place.

“Stage Four load shedding is very serious indeed and it will affect commerce and industry. This will also affect the jobs of other workers, especially in heavy industry and it is time that workers whose jobs are at
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Ramaphosa’s land theft approach – While the world is watching Ramaphosa with anticipation regarding the land-grab program, it becomes clearer that he has a clever election

While the Western world is watching what the ANC president, Cyril Ramaphosa, is going to do with regards to the land-grabbing program, it becomes clearer that he has a clever approach towards to upcoming election.

Political analysts point out that the president suddenly no longer focus on the country’s well-developed farms as a target in his quest.

There is apparently one explanation for this, that is the fear that the country will go without food and scare away the foreign investors.

Now, state land, and unutilized land is becoming the object and it will only become prominent among people’s attention after the election.

The land distribution program came because of two elements that threatened the ANC. Firstly, the Malema radicals have instigated illegal land grab action that impressed many black voters, and secondly, the ANC had to get something new to retain its voters, a political analyst
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ANC regime wants to merged certain ministries after 25 years of mismanagement and reduce the number of provinces

Cyril Ramaphosa, the president of our failed rainbow nation, wants to merge several ministries after 25 years of mismanagement and reduce the number of provinces.

The number of ministers will be reduced from 34 to 25 with only 15 deputy ministers.

The number of provinces should be reduced to six. Currently, there are 35 ministers and 37 deputy ministers in the ANC Cabinet.

Economists believe it will make no contribution to getting the country out of its economic dilemma, and consider it “too small for a big problem”.

Read the original article in Afrikaans on Die Vryburger

This report does not necessarily reflect the opinion of SA news.


 

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Trustworthiness of Ramaphosa under scrutiny – Not once, when he was part of the ANC-regime’s system in the Zuma-era did he ever said a word regarding the grand-scale corruption to the collapse of the economy to state capture

For 4 years as second in command to Jacob Zuma as deputy-president he never saw any corruption, he never heard of any corruption, and he never spoke against corruption? Who is he trying to fool?

The Inkatha Freedom Party (IFP) on Monday published a scathing open letter to President Cyril Ramaphosa, criticising him for being “in the belly of the beast which was the [Jacob] Zuma administration”.

In a statement issued on the IFP’s official website, Mkhuleko Hlengwa, IFP national spokesperson, writes: “Utterances attributed to you that in Davos you spoke of ‘nine wasted years’ under Mr Zuma have taken me aback with a sense of shock as they are said with a very opportunistic view to distance yourself from the grave realities of those years, particularly for the poor majority as we saw everything from grand-scale corruption to the collapse of the economy to state capture.

Ramaphosa has, in several speeches, referred
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Ramaphosa’s share in SA’s dilapidated state is questioned and his latest press release is inconsistent: “I did not deliberately mislead Parliament about R500 000 Bosasa donation”

President Cyril Ramaphosa, in a statement to the Public Protector, says he “did not deliberately mislead Parliament” regarding the R500 000 Bosasa contribution to his 2017 ANC presidential campaign.

The statement follows Public Protector Busisiwe Mkhwebane confirming on January 25 that she would investigate whether Ramaphosa had lied about a campaign donation received from controversial facilities company Bosasa, now known as African Global Operations (AGO).

Mkhwebane’s decision came after DA leader Mmusi Maimane and EFF leader Julius Malema on several occasions said that Ramaphosa had lied to Parliament about the money his ANC presidential campaign received from Bosasa CEO Gavin Watson. Ramaphosa met with Mkhwebane on January 29, to discuss the donation.

Bosasa has received billions of rands in government contracts over the past decade and has been implicated in alleged corruption.

Its alleged dubious financial transact
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SONA: Round 3 – The Circus Returns as EFF Threaten To Remove Ramaphosa as President!

EFF chairperson Dali Mpofu on Thursday reiterated party leader Julius Malema’s warning that the red berets may disrupt President Cyril Ramaphosa’s State of the Nation Address (SONA) on February 7.

“He must come clean before SONA, otherwise we will invoke ordinary parliamentary proceedings and have SONA converted into a presidential question-and-answer session,” Mpofu told Talk Radio 702’s breakfast host Bongani Bingwa on Thursday morning.

On Wednesday, Malema warned that “chaos could erupt again at this year’s SONA”, owing to recent corruption allegations that emerged at the commission of inquiry into state capture.

Malema warned Ramaphosa to come clean on his “dealings with facilities company Bosasa”.

The EFF leader was addressing the media at a briefing at the party’s headquarters in Braamfontein, Johannesburg.

At the state capture commission of inquiry this week,
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Massive land reform scam uncovered: ANC officials handed out farms and millions in grants to beneficiaries who did not qualify and our beloved President Cyril Ramaphosa knew all about it and yet did nothing!

Fraud “on an enormous scale” has been uncovered in the land reform programme in which government officials handed out farms and millions in grants to beneficiaries who did not qualify.

The details are contained in a report by the Special Investigating Unit which recommends that 42 people, including the government officials, be prosecuted for fraud and corruption linked to land scams. Business Day obtained the report this week through a Promotion to Access to Information application. It was handed to President Cyril Ramaphosa in March 2018.

A report by the Special Investigating Unit (SIU) recommends that 42 people – including government officials – be prosecuted for fraud and corruption linked to land reform programmes.

The report was handed over to President Ramaphosa in March 2018 but was only recently uncovered by BusinessDay after it submitted a Promotion to Access to Information Application (PAIA).

As part of the report, the
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Despite his promise of a “new dawn”, Ramaphosa can’t stop the ANC-regime’s decline, even with a win at the polls

In recent months there has been conjecture that if South Africa’s president Cyril Ramaphosa wins a suitably large majority of the upcoming national vote, he will be able to achieve two notable outcomes.

Firstly, he’ll be able reverse the governing African National Congress’s (ANC’s) slide into populism and factionalism. And he’ll be able to see off challenges from the radical Economic Freedom Fighters (EFF), the country’s third largest party.

The argument is that he would then have a sufficiently strong mandate to undertake economic reforms needed to fix South Africa. This includes broadening competition, limiting the size and scope of the state-owned entities and expanding the public transport system. Other things that need fixing include reducing red tape to boost entrepreneurship and small businesses, improving the education system and trade integration in the region.

But critics and opposition party leaders hold a counter view. T
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