Posts tagged with 'Politics'

 

Grand-scale corruption at PRASA covered up by treasury

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For almost a year, National Treasury has kept the lid on almost 200 investigations into PRASA contracts which show that up to R2.5 billion was siphoned off in contracts which should never have been signed. The investigations, into contracts worth R10 million or more, were ordered by former Public Protector Thuli Madonsela following her 2015..
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Unions call for R8,500 instead of R3,000 for farm workers

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Over 100 trade union members from farms across the Western Cape gathered for the Fourth Commercial Stevedore Agricultural and Allied Workers Union (CSAAWU) National congress. The two day conference in Surrey Estate, which started on Friday, will consider climate change, women and youth on farms, migrants, and the proposed minimum wage amongst other things. CSAAWU..
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ANC regime is the reason why South African citizens live in poverty

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Two equal evils, poverty and inequality lie at the root of South Africa’s economic problems. Both should be treated equally. If the focus is only on inequality, it will create an economy where everyone is equally poor, except the elite which holds power, said adv. Anton Alberts, chairman of the FF Plus. Adv. Alberts said..
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Officer investigated for fraud was nominated for trip to France

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Instead of suspending a high-ranking police officer who is under investigation for fraud, the police wanted to send her on a trip to France. The Portfolio Committee on Police on Wednesday took a dim view when acting head of crime intelligence Major General King Bhoyi Ngcobo – who has been described in the press as..
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Zackie Achmat: SA is on the verge of ‘chaos’ – Yes we know that already!

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We must accept we are in an extremely dangerous situation where, unless we do something, we will create the moment of chaos.” This is the warning to South Africa from 55-year-old anti-apartheid activist and acclaimed Treatment Action Campaign (TAC) co-founder Zackie Achmat. “Everyone I know, all of us just hope Cyril [Ramaphosa] will win [the..
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ESKOM FACING CASHFLOW TROUBLE – THEN STOP SPENDING MONEY ON BONUSES

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Eskom spokesman Khulu Phasiwe said the firm’s sales growth had been muted while its operating cost was very high and its tariff for the current financial year was low. South Africa’s scandal-plagued power utility Eskom said on Monday it was not insolvent but was facing serious liquidity issues and would be in “trouble” if the..
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How you will pay for Zuma’s free education plan

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The government is considering drastic budget cuts to fund free higher education, including cutting social grants, freezing the roll-out of RDP houses and increasing taxes. With the country facing an unpre-cedented R50.8‑billion revenue hole, a treasury document has been put before President Jacob Zuma by the presidential fiscal committee, outlining possible areas where budgets could..
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South Africa is held hostage to the toxic politics of the ANC

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If it showed anything, the recent medium-term budget policy statement has proven that South Africa does not have a government capable of dealing honestly and head on with the developmental crisis that the country finds itself in. It will not have such a government for some time, at least not until the 2019 general election..
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Zuma will make an 85% profit on his Nkandla home after repaying the state R7.8m

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NEWS ANALYSIS: President Jacob Zuma has until the end of August to repay the state R7.8-million for taxpayer-funded improvements to his Nkandla home. But, ironically, that amount represents – conservatively – an 85% profit for Zuma. Combining the findings of the treasury with a 2014 report by the Special Investigating Unit (SIU) shows that the..
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Cabinet Ministers set for 4% pay rise as reward for tanking the economy

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Unfortunately, it’s not April Fool’s Day. We are deadly serious when we tell you that political heavyweights who’ve overseen a slump in the South African economy are set to receive a 4% pay rise. In a year of recession, junk-status and a declared tax shortfall of R50bn, it seems like our top brass have found..
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