Economy

 

Zuma’s critics in ANC are very vocal .. but the question is .. will they act ??

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There is a lot of brave talk about standing up to President Jacob Zuma after the dismissal of Finance Minister Pravin Gordhan amid a wider Cabinet reshuffle which has been widely condemned as disastrous for South Africa. Predictions that the country has reached “a turning point”, is facing a ratings downgrade and plummeting investment, rising..
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Zille is not backing down over colonialism tweet she made !!

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After taking flak for 12 days about her tweets on colonialism‚ a defiant Helen Zille refused to back down in the Western Cape legislature on Tuesday. After a fiery speech in her own defence‚ the premier received a standing ovation from DA colleagues. But acting ANC leader Khaya Magaxa‚ who brought the motion for the..
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Zuma’s new excuse for SA’s problems “White monopoly capital”

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The rising talk about ‘white monopoly capital’ as an obstacle to economic inclusion in South Africa is a red herring. The call for radical economic transformation has grown louder following President Jacob Zuma’s 2017 State of the Nation Address. Accompanying these calls is a line of argument that says “white monopoly capital” is to blame..
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What is going to happen to our Economy now … Zuma tells Communist Party Gordhan is out

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Johannesburg – South African President Jacob Zuma told senior leaders of the South African Communist Party that he plans to fire Finance Minister Pravin Gordhan, according to three people with knowledge of the matter. The rand plummeted. Zuma told officials from the party, which is allied to his ruling African National Congress, during a meeting..
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Zuma pull out his guns – N24

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President Jacob Zuma took a strong stand at this weekend’s national executive committee (NEC) meeting in Irene in Gauteng, defending his position on the issue of land expropriation without compensation, and challenging his critics to read the ANC’s 2012 conference resolutions if they disagreed with his views. City Press heard that Zuma had “set the..
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A Brutal Tale Of Unbalanced, Selective, Racism-Inciting Media Coverage

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Few would be so brave as to compare the SABC’s selective coverage of racist incidents and farm murders to Rwanda’s Radio Mille Collines where staffers got life sentences for inciting ethnic cleansing – but then few could so compellingly support such a tendency. Ed Herbst, a veteran TV and radio journalist who spent most of..
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Open Letter: White South Africa Faces Adapt Or Die Moment As ANC Talks Up Radical Economic Transformation

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Facing the next key fight for his political future, acornered President Jacob Zuma has this year decided to notch up rhetoric on ‘radical economic transformation‘. As part of this call and amid the Zuptoids’ growing use of terminology such as ‘white monopoly capital’, Zuma recently sparked further scares in the local and international investment communities..
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Zille’s tweets the biggest headache for Maimane

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Western Cape Premier Helen Zille must be “dealt with” for her praise of colonialism and expelled from the party, several DA leaders said on Wednesday. They believed that how the party handled her defence of colonialism would test the party’s commitment to non-racialism. The leaders, who spoke on condition of anonymity, include members of the..
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Leaked Letters Reveal ‘SARS Wars’ Showdown Between Gordhan And Moyane

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Leaked letters between SARS head Tom Moyane and finance minister Pravin Gordhan reveal a complete breakdown in the relationship between the two finance heads. In one letter, leaked to and republished by the Mail & Guardian, Gordhan lambasted Moyane for approving his own salary increase for the 2015/16 financial year. In the letter to Moyane,..
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New Tax Tables For 2017: This Is How Much You Will Pay

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Following the announcement of new tax changes for the 2017/18 financial year by finance minister Pravin Gordhan, the country’s tax tables have been updated. One of the biggest changes announced by the finance minister is the introduction of a new tax bracket, aimed at the country’s wealthy. South Africans who earn more than R1.5 million..
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