ANC Regime

 

Pension funds in ANC crosshairs source of funding for state development

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The ANC has again set its sights on pensioners’ retirement money as a potential source of funding for state development. At the close of its policy conference this week the party said it would investigate the use of prescribed assets, one of the proposals to come out of its economic transformation deliberations. The proposal was..
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Moses Kgosana, Unrepentant Gupta Tax Dodge ‘Lapdog’ Shoots The Messenger As He Feels The Heat – WATCH!

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EDINBURGH — Expect to hear a lot more about Moses Kgosana, the KPMG heavyweight linked to the Gupta tax dodge that facilitated a flow of R30m from taxpayers to cover an extravagant family wedding at Sun City. That wedding is the event that raised alarm bells that the Gupta family exerted extraordinary influence at the highest levels of government..
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You whites will lose everything,’ Malema tells bankers

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Success is associated with whiteness, EFF leader Julius Malema said at a Rand Merchant Bank event yesterday. If white people can’t see this, and if they don’t help to solve the country’s problems, they will end up “with nothing”, he added. Malema, who was accompanied by EFF deputy president Floyd Shivambu, told the delegates that..
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Black-owned And Led Institutions Have A Legacy of Corruption – EFF

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The Economic Freedom Fighters (EFF) says black-owned and led institutions in South Africa are known for their legacy of nepotism, corruption and kleptocracy. EFF made the assertion while it was celebrating the VSB Mutual Bank decision to shut the Gupta’s business accounts. Earlier this month, it emerged that the VSB Mutual Bank closed the accounts..
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Dysfunctional ANC Municipalities Yet Protests Target Efficient DA-Run Metros

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Cynical, selective geo-political protests around pit toilets and service delivery have targeted the DA which, wherever it rules afresh or more recently, comes under ANC-inspired attack. This is in spite, or perhaps because of, the newly-muscled party, now ruling the most important metros in the country, having uncovering breath-taking corruption and dysfunction wherever it took over. Not only that, says..
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Threat To South African Democracy Runs Deeper Than State Capture – Sociologist

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CAPE TOWN — We’ve got it mostly wrong, argues Benjamin H Bradlow, a sociologist from Brown University, who has made South Africa his pet project. That’s because all local political parties and social movements believe – like the Zuptoid ruling cadre – that State institutions must be captured for state action to achieve a desired goal. It’s..
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These Charts Show The Dire State Of South Africa’s Economy

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There Is Bad News All Around. There is not an awful lot of good news about. And every time we battle to pull off some improvement, government tends to score an own goal. Witness the exchange rate’s reaction and JSE selloff over the past few days following the Mining Charter ‘announcement’ as well as the..
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Revealed! Bell Pottinger Got R5.5m For One Weekend To ‘Help’ ANC, MK In Anti-White Campaign

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EDINBURGH — It doesn’t get much lower than stirring up racial animosity in the country with the legacy of apartheid hanging around its neck. South African society is riven with tension. After Nelson Mandela, emeritus Archbishop Desmond Tutu and others ensured a relatively peaceful transition to democracy, all the hard work has been rapidly undone…
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South Africa The Only Major Economy In The World In A Technical Recession

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Of the major economies around the world, South Africa appears to have the worst performing economy of recent times. This is according to data spotted by trader and researcher Dwaine van Vuuren. Earlier this month, Stats SA announced that South Africa had entered a technical recession with two consecutive quarters of cnegative growth. Poor leadership, downgrades and a generally downbeat economy have worsened..
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Concourt asks for a ‘bad faith’ enquiry on Dlamini and social grants.

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The Constitutional Court on Thursday declined to hold social grants minister Bathabile Dlamini personally liable for legal costs in the social grants fiasco – for now. Instead it ordered a legal inquisition of sorts centred on whether she had misled the court, a process that could still force her to pay legal costs out of..
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