Africa

 

Road users will pay steep licence fee from next year

Leave a comment

The Justice Project South Africa has called on Transport Minister Joe Maswanganyi to justify, or at the very least explain, the 71 percent increase in eNaTIS vehicle licence fees for 2018. Earlier in October Maswangani announced that as from 1 February 2018, an amount of R72 (an increase of R30) would be added to the..
Continue reading…

Enjoyed this post? Share it!

 
 

No end to SAA’s nightmares

Leave a comment

The nation’s beleaguered airline has breathing room until October 31 — Halloween, after which its debt demons may return to haunt it with a vengeance. It is understood that most of SAA’s lenders have agreed to roll over the outstanding debt that came due at the end of September for one more month while negotiations..
Continue reading…

Enjoyed this post? Share it!

 
 

SOUTH AFRICA: The Naked Hypocritical Curse Of The ‘Majority Rule’

6 Comments

WARNING – GRAPHIC CONTENT – NOT FOR SENSITIVE VIEWERS! SOUTH AFRICA is ostensibly a country whose controllers exercise the worst kind of naked racism and discrimination in order to stay in power. South Africa is also furthermore a country with the most vindictive, cruel and racist black population on earth, who refuse to obey any..
Continue reading…

Enjoyed this post? Share it!

 
 

Car brands Chrysler and Dodge to exit South Africa

Leave a comment

FCA (Fiat Chrysler Automobiles) bids farewell to two of its car brands in South Africa, with the Chrysler and Dodge vehicle ranges no longer being available locally. FCA, which also produces Jeep, Fiat and Alfa Romeo vehicles, said: “This unfortunate situation has arisen from our principals in the USA no longer building Chrysler or Dodge..
Continue reading…

Enjoyed this post? Share it!

 
 

R60m fraud case involving a former Petro-South Africa manager

Leave a comment

The Hawks arrested Petro SA’s corporate social investment manager Matshidiso Mogashoa for alleged fraud of more than R60 million. According to the Hawks, the crimes were committed between 2007 and 2011. Once again the question arises how a person can steal money, and Petro SA takes almost 10 years to realize that the money is..
Continue reading…

Enjoyed this post? Share it!

 
 

The true financial cost of Hurricane Jacob

Leave a comment

Over 1 month, six months, one year, three years and even five years. In rand as well as US dollars. Against the developed world and now also against the emerging market world. Take your pick; it doesn’t matter. These are the current facts of the returns of the Johannesburg Stock Exchange relative to the major..
Continue reading…

Enjoyed this post? Share it!

 
 

Zwelithini ‘not paid what he deserves’ as a king – You got to be joking

Leave a comment

IS HE WORTH IT? King Goodwill Zwelithini’s family has grown over the years, and with it the amount the taxpayer continues to fork out to fund it Zulu King Goodwill Zwelithini has lashed out at the provincial government‚ accusing them of failing to pay him what he deserves. The monarch was speaking at a King..
Continue reading…

Enjoyed this post? Share it!

 
 

Energy minister slips up on oil plan

Leave a comment

Minister of Energy Mmamoloko Kubayi is backtracking on the investigation into the sale of the country’s oil reserves, say highly placed sources. But the minister has denied this outright. In May, Kubayi announced in Parliament that she would investigate the controversial sale by the Strategic Fuel Fund (SFF) of 10-million barrels of the country’s fuel..
Continue reading…

Enjoyed this post? Share it!

 
 

EXCLUSIVE: Cash Paymaster Systems made R1-billion profit paying social grants

Leave a comment

Over the past five years Cash Paymaster Systems recorded a pre-tax profit of R1.1-billion from paying social grants on behalf of the government, the outsourced service provider told the Constitutional Court on Tuesday. After tax the net profit came to R705-million, the now infamous American-listed company said. That translates to a profit to shareholders of..
Continue reading…

Enjoyed this post? Share it!

 
 

Scopa to call KPMG to parliament over SARS ‘rogue unit’ retraction

Leave a comment

Parliament’s standing committee on public accounts (Sopa) will call KPMG to appear before parliament to account on its conduct regarding the SA Revenue Service (SARS) ‘rogue unit’ report and the subsequent withdrawal of some parts of this report, it said in a statement on Monday. Scopa’s ANC study group whip Mnyamezeli Booi said: “KPMG must..
Continue reading…

Enjoyed this post? Share it!