Suid-Afrika is op pad na ‘n winter van ontevredenheid, nie net as gevolg van die swak bestuurde Covid-reaksie nie, maar dit staar nou ook fase 4 en 5 beurtkrag in die gesig, omdat infrastruktuur verbrokkel het vanweë gebrek aan onderhoud. Die energiekenner Chris Yelland, direkteur van EE Business Intelligence, het gesê beurtkrag sal hierdie winter net vererger.
SA op Pad na Winter van Fase 4 en 5 Kragonderbrekings Weens Onversorgde Infrastruktuur wat Land se Ineenstorting Versnel!
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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!
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#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.
One of the Establishment’s complicit yesmen, News24’s Editor, Adriaan Basson, wrote an article which appeared in Naspers’ left wing News24, in which h
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The ANC is coming for your pensions to fund bankrupt SEO’s
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Well-known economist Mike Schussler has warned that the ANC wants to use your pension money to fund bankrupt state-owned enterprises like Eskom and SAA.
Speaking on The Big Liberty Show, Schussler said the planned prescribed assets policy will give politicians control of pension funds and where this money is invested.
The policy of prescribed assets was introduced in the ANC’s 2019 election manifesto where it states it will:
“Investigate the introduction of prescribed assets on financial institutions’ funds to mobilise funds within a regulatory framework for socially productive investments…”
In simple terms, it means that financial institutions will be forced to invest a certain percentage of their assets in certain sectors or companies prescribed by the government.
Warning from fund managers
Sygnia CEO Magda Wierzycka said prescribed assets are a blunt instrument and that the ANC has only engaged minimally with the
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The corrupt ANC government plans ‘could collapse pension funds, with pensioners dying poor’
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The party’s manifesto hints at targeting pensions through prescribed investments, ‘which will see half the population’s money used to bail out failing entities like Eskom’.
The prescribed investments for pension funds hinted by the ANC in its 2019 election manifesto could lead to the collapse of South Africa’s pension funds and pensioners dying poor.
Explaining prescribed investments during a presentation yesterday, economist Mike Schussler said government would be able to dictate to fund managers where and how much of their assets to invest, be it in government bonds, bailing out crippled state-owned enterprises (SOEs), or even funding the previously proposed Russian nuclear power station project.
If this is done, added to the way SOEs were run into the ground and looted in the past, workers’ hard-earned pensions could ultimately be squandered.
“If your money is invested in Eskom and all this mismanagement and wastage is ha
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