“The land is everything.” This was Economic Freedom Fighter Julius Malema’s unequivocal message to the South African Property Owners Association when he addressed the conference under the theme “disruption” at the Cape Town International Conference Centre on Wednesday. In a no-holds-barred speech, Malema scolded the property owners for not doing enough to change property ownership..
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Are you aware of The Riot Act – Malema reads this Act to property owners !!
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South Africa The Only Major Economy In The World In A Technical Recession
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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Weekly Market Recap Jun 18, 2017
A week ago Friday the NASDAQ put in an “outside reversal” day – this is approximately a day where the trading range exceeds both the prior day’s intraday high and intraday low, and then a close below the prior day’s intraday low. See our NASDAQ chart from a week ago below: This is often a..
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Markets Bloodbath As Zwane Shocks Mining Sector
Mineral Resources Minister Mosebenzi Zwane. (Pic: Gallo Images) There was a bloodbath on the floor of South Africa’s markets on Thursday, after Mineral Resources Minister Mosebenzi Zwane announced a new stringent law that will force mining firms to restructure their ownership to ensure they have 30% black ownership within 12 months. The rand dived by..
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There are so many red flags in ESKOM … where do you start ??
South Africa’s state owned enterprises have been hit by one scandal after another signalling serious political and corporate governance failures. The largest of these, the power utility Eskom, has seen its CEO Brian Molefe resign, then return, and then be fired – all in the space of seven months. This was followed by the unexpected..
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The One Hundred Million Victims of Communism Remembered at 10th Annual VOC Roll Call of Victim Nations
Embassies & Human Rights Organizations joined VOC to remember The One Hundred Million Victims of Communism on June 9th, when a record number of twenty-three embassies and thirty-four ethnic and human rights organizations joined hundreds of participants for the 10th Annual Truman-Reagan Medal of Freedom & Roll Call of Nations Wreath-Laying Ceremony, at the Victims..
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REPORT – Motsoeneng found guilty in SABC internal disciplinary hearing!!
Former SABC chief operating officer Hlaudi Motsoeneng has been found guilty in an internal disciplinary hearing, a reliable source close to the hearings shared this news. Motsoeneng faced charges of bringing the SABC into disrepute and causing irreparable damage to his employer. The charges related to his four-hour long press briefing on April 19, where..
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Evil Mastermind Victoria Geoghegan: How Does She Sleep At Night? #GuptaLeaks
It has taken only a few years for Geoghegan and her associates to help bring South Africa to its knees EDINBURGH- Many in South Africa wonder how Victoria Geoghegan sleeps at night. A partner at London-based Bell Pottinger, she has made it her business to undo the work of Nelson Mandela, Desmond Tutu and other freedom..
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Koebaai Na Dubai: Thieving Piece Of S**t, Jacob Zuma, Wants To Flee South Africa
Black Marxist criminals in bed with Indian mafia running South Africa? Conspiracy theory? That is what they accused us right-wingers of for at least ten years now. Now this past week some prominent academics at the universities of Johannesburg, Wits, Pretoria and Stellenbosch, as well as the South African Council of Churches, after eventually getting..
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Nothing Seems Sacred Anymore As R1bn Drought Relief Fund Joins Captured List – Herbst
Nothing Seems Sacred Anymore As R1bn Drought Relief Fund Joins Captured List – HerbstIn yet another timely contribution, Ed Herbst once again highlights the depths of theft everyday taxpaying South Africans are having to fund. No stone is left unturned, and as Herbst puts it, if that stone isn’t bolted down…it’s stolen. Making mention of..
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