SA News

 

Minister’s Benz: Going… going … gone …. for R10!

Leave a comment

A Mercedes-Benz sedan belonging to Defence and Military Veterans’ Minister Nosiviwe Mapisa-Nqakula was sold for a lousy R10 during an auction in King William’s Town on Thursday morning. This after it was placed under the hammer after Mapisa-Nqakula had failed to settle a R50000 debt to a King William’s Town garage which had worked on..
Continue reading…

Enjoyed this post? Share it!

 
 

Johan Rupert: “Radical economic transformation is just a code word for theft”

Leave a comment

South Africa’s richest man Johann Rupert said “radical economic transformation,” the policy championed by the country’s President Jacob Zuma to reduce racial inequality, is no more than theft. “Radical economic transformation is just a code word for theft,” Rupert said on the sidelines of Richemont’s annual general meeting in Geneva on Wednesday. “That’s what’s happening..
Continue reading…

Enjoyed this post? Share it!

 
 

SAA cash crunch deepens as suppliers have still not been paid

Leave a comment

South African Airways (SAA) appears to have exhausted its available cash reserves following news that suppliers have still not been paid for work done in July. The airline has thirty-day terms with a number of suppliers that provide essential services to it. They had not been paid at the end of last week, a week..
Continue reading…

Enjoyed this post? Share it!

 
 

Payment administrator IntelliMali coughs up the ‘lost’ R818k misappropriated by NSFAS

Leave a comment

Payment administrator IntelliMali has reimbursed Walter Sisulu University (WSU) the full amount misappropriated by NSFAS “student millionaire” Sibongile Mani out of its own pocket. IntelliMali has also roped in the services of a forensic investigator to probe how the R14-million ended up in the account of one student. The company responsible for administering state loans..
Continue reading…

Enjoyed this post? Share it!

 
 

Public protector vows to ‘set the record straight’ on Reserve Bank allegations.

Leave a comment

Public protector Busisiwe Mkhwebane will file court papers to “set the record straight” in response to an affidavit submitted by the South African Reserve Bank (Sarb) on Monday which alleges Mkhwebane plotted with the presidency and the State Security Agency (SSA) to change the constitutional mandate of the bank. Cleopatra Mosana, the spokesperson for the..
Continue reading…

Enjoyed this post? Share it!

 
 

Unemployment fund’s assets currently valued at R110bn – Hopefully the government will keep their hands off

Leave a comment

The Unemployment Insurance Fund (UIF) currently has assets valued at R110-billion‚ Labour Minister Mildred Oliphant disclosed on Monday. In a written reply to a parliamentary question by Democratic Alliance labour spokesman Michael Bagraim‚ Oliphant said that while the projected monthly contributions from September 1 2017 to August 31 2018 were expected to total R1.58-million‚ the..
Continue reading…

Enjoyed this post? Share it!

 
 

Squabbles dim DA’s hope of 2019 win

Leave a comment

Worsening relations between the Democratic Alliance and smaller opposition parties are threatening the party’s hopes of assuming power nationally in 2019 by forming a coalition government. On Tuesday, when the DA brought a motion to dissolve Parliament, its opposition allies would not support it. The smaller opposition parties accused the DA of being arrogant for..
Continue reading…

Enjoyed this post? Share it!

 
 

Cyril Ramaphosa’s leaked emails: Echoes of apartheid-era dirty tricks

Leave a comment

A routine smear. This is the view of the overwhelming majority of commentators and analysts about last weekend’s “revelations” in the Sunday Independent that Deputy President Cyril Ramaphosa was a serial womaniser. The commentariat can expect more such smears. They will come against more than one candidate running for the presidency of the governing ANC..
Continue reading…

Enjoyed this post? Share it!

 
 

Malema lying about ‘personalised invitation’ to Magaqa’s funeral – KZN ANCYL

Leave a comment

The ANCYL in KwaZulu-Natal has accused EFF leader Julius Malema of “being a person of such low character”, after “he lied about being personally invited” to attend the funeral of former ANCYL secretary general Sindiso Magaqa. Provincial secretary Thanduxolo Sabelo on Wednesday said he had only made a comment as a gesture on Monday during..
Continue reading…

Enjoyed this post? Share it!

 
 

State machinery employed for nefarious political purposes

Leave a comment

Cyril Ramaphosa, responding to rumours about his private life, on Sunday spoke of the manner in which state machinery is employed for a particular political agenda that is in favour of those who prefer a specific candidate to replace Jacob Zuma as the president of the ruling party. But is the Constitution not there to..
Continue reading…

Enjoyed this post? Share it!