Posts tagged with 'Tito Mboweni'

 

VIDEO: SA Lockdown and Tobacco Wars are About Political Power, NOT Saving Lives! Ramaphosa’s NWO/WMC versus Zuma’s Communist Mobsters!

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A recording has been received by SA-News in which a supporter of Nkosazana Dlamini Zuma (NDZ) sheds some light on the ongoing prohibition of tobacco and the battle for power and infighting within the ANC NEC. The battle appears to be drawn along the classic lines of New World Order Capitalism versus Communism, Trade Unions and Mobsters. The people at the end of the day will still be stuck with the gangster enterprise known as ANC.

We The People have no say in who leads us, and as this recording indicates, there are moles in the cANCer who also reported a few weeks ago, that the NEC met via video link and got rid of Cyril unanimously. There are reports that he will act as VP until the Phase 3 lockdown takes place, when he can openly travel to Cape Town where the final arrangements and state of affairs will be clarified.

Allegedly, Cyril couldn’t muster the necessary support to stand up against NDZ and her faction as he only had Pravin Gordhan and Tito Mbowe
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Mboweni has a screw loose, he now wants to open Lesotho’s borders to form one-state with SA

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It looks like Tito Mboweni has lost it completely. He issued a statement on social media stating that Lesotho must open its borders to form a federal state with South Africa.

This follows the political crisis in Lesotho. The country’s first “lady” is currently in flight after an arrest warrant was issued against her for the murder of the prime minister’s second wife. The European Union, the United Nations and the SA Development Community have been struggling to stabilize the situation in the neighboring country for 10 years.

Thousands of Basuto migrants and refugees are already living in South Africa. With a country like South Africa struggling to get its own affairs in order, it is futile to add another country that is plagued by riots and mismanagement as a federal state.

Livestock theft from Lesotho is already escalating in South Africa as thieves from the Mountain Kingdom supplement their “food shortages”.

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Trade unions are rejecting ANC’s plans to sell non-performing SOE’s

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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 the sale of various entities will not only be humiliating, but will also leave many ANC senior workers unemployed when private entities take over the entities.

However, the question is whether Cosatu and other unions will agree to such a move, knowing that their own members may lose their jobs because it is known that the state entities are not profitable because too many people are employed was taken.

Institutions such as Denel, SAA, Eskom, Transnet, and various other entities are likely to come under the “selling spotlight” when negotiating with the unions that will oppose the idea.

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Blame Everyone But Themselves: NUMSA Now Blames Rothschild’s, “The New Guptas”, for Problems at Embattled SAA & State Owned Enterprises!

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If there is one lesson communism has taught the world, but which the world has refused to learn, it is that when someone else’s money runs out, someone else gets the blame. The Rothschild’s, who are conveniently white, as all evil perpetrators should be in South Africa, are now accused of preying on South Africa’s state-owned enterprises. South African unions have joined forces to take on the Rothschild family, which they have accused of being involved in attempts to ‘capture’ the country’s State Owned Enterprises (SOEs).

According to the Citizen tabloid, the National Union of Metalworkers of South Africa and the South African Cabin Crew Association released a joint statement, claiming that the Rothschilds were “interfering” in SOEs for “selfish and greedy purposes.” The statement alleged that the wealthy family intended to collapse South African Airways (SAA) so
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China is holding the ‘switch’ in it’s hand, doing business with them is dangerous, with another Eskom crisis, China withheld the R7bn loan, they already own one Eskom plant, Load-shedding highly possible

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Well, this doesn’t look too clever. It’s reported that Eskom will be R7bn lighter this month, after its Chinese lenders raised their concerns.

South Africa could be set for another round of drama from Eskom, as the ailing power utility has reportedly failed to receive R7 billion in loan payments initially set to come from the Chinese Development Bank (CDB).

That’s according to City Press, who have reported that the creditors do not trust their promises over proposed maintenance work. It would be the second time in just over two weeks that one of Eskom’s promised loans failed to materialize after the Brics New Development Bank also did not part with their billions.

Why haven’t Eskom received the loan?
On Easter Friday, Finance Minister Tito Mboweni was forced to grant the power giants an emergency bailout in order to meet salary demands and diesel costs. It’s reported that the CDB has taken note of their actions
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Knowing that the brightest employees in the Government are White, so now the Government wants public servants to retire at 55, just another sly move to get rid of white people

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Johannesburg – The state has set the ball rolling in its desperate bid to cut the public wage bill by giving workers aged between 55 and 60 until September to retire without pension penalties.

Guidelines for applying for early retirement have been released to thousands of public servants. The Star has seen a copy of the guidelines and also learnt that unions and workers have started mulling the offer, which became effective from
April 1.

Teachers, police officers, prison warders, soldiers and intelligence service officers are among those targeted for penalty-free early retirements.

Reading the Budget Speech in February, Finance Minister Tito Mboweni announced plans to cut the national and provincial pay budgets by R27 billion over the next three years.

“The public wage bill is unsustainable. We must shift expenditure to investment,” Mboweni said in his speech.

But, in documents detailing the guidelines, the Departme
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Tito finds himself in a social storm after admitting that too many Africans were appointed to govern South Africa effectively

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Finance Minister, Tito Mboweni finds himself in a social storm after admitting in a radio interview that appointments in government departments are not representative.

According to him, the country cannot be regarded as a democratic, non-racial, non-sexist community.

According to observers, he said tacitly that too many Africans were appointed who could not do the job. He further stated that state ownership should not be regarded as a religion and that the government should dispose of what is currently the economy.

Read the original article in Afrikaans on Die Vryburger

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

 

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SA motorists brace yourself for big fuel tax increases the coming months – seems like the ANC-regime wants to recoup their loses by taxing you more on fuel levies

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Minister of Finance, Tito Mboweni, will deliver the Budget Speech 2019 in Cape Town on 20 February.

Expectations are high that he will balance competing expenditure priorities to stimulate economic growth in spite of fiscal consolidation measures.

However, the former central banker’s task is formidable and he will likely have a difficult balancing act on his hands.

One of the key balancing acts will be how Mboweni tackles the issue of the fuel levy.

In an analysis of the upcoming budget, PwC tax experts noted that the general fuel levy has been increased significantly in each of the four previous budgets as a means of raising additional tax revenues.

“The general fuel levy is only slightly progressive and was previously seen as being less politically sensitive than VAT,” PwC said.

“This perception has, however, changed with the increased attention resulting from the VAT increase in 2018. As such, it may no longer be
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With SA’s economy unable to grow by 1% under the current dispensation, Finance Minister’s new plans will also fail

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Finance Minister Tito Mboweni has invested a huge meeting of so-called experts to come forward with new plans to reverse the country’s decline.

The event presented at the Reserve Bank Conference Center began with Mboweni’s explanation aimed at requesting experts to propose new models that will boost the economy.

He says the ANC cabinet has often had discussions on the subject, but observers say it is clear that the ANC is hopelessly ignorant to take any vigorous steps to stimulate the economy.

Even World Bank representatives are present, one of whom has new plans can only be recommended by those who succeed in identifying the errors.

Financial experts say the economic situation will not improve as the ANC continues its black-favored, ground-breaking theft, and poor management, along with large-scale corruption of all departments as well as entities such as Eskom and the SABC.

Experts point out that the ANC has held doze
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