Africa

 

Gigaba wants to withdraw Treasury’s report on Eskom’s coal supply agreements

Leave a comment

Finance Minister Malusi Gigaba has told Parliament the Treasury’s damning report on Eskom’s coal supply agreements with Tegeta Exploration and Resources had been mistakenly marked as “final” and had to be withdrawn. The Treasury sent the report to the standing committee on public accounts, but now said it had not been finalised, according to Gigaba’s..
Continue reading…

Enjoyed this post? Share it!

 
 

The new virtual money options may cause bankruptcy for the ANC government!!

Leave a comment

South Africa’s government is well aware of technological developments regarding virtual or crypto money and has already created an interministerial working group that monitors it in conjunction with private sector experts with a view to possible regulation. It appears from written questions by adv. Anton Alberts, chairman of the FF Plus, to the Minister of..
Continue reading…

Enjoyed this post? Share it!

 
 

KPMG got fired from JSE-listed Sygnia over ‘Gupta links’ – M&G

Leave a comment

JSE-listed asset manager Sygnia has fired KPMG over its alleged role in state capture – the first private sector pressure that has been brought to bear on global firms accused of having questionable business relations with the Gupta family. A series of leaked emails, called the Gupta Leaks, have exposed KPMG for its role as..
Continue reading…

Enjoyed this post? Share it!

 
 

Tax Season: “Pay to Caesar what is due to Caesar” – Even though red flags are raised

Leave a comment

Launching the 2017 tax season at the start of July newly-ensconced Minister of Finance Malusi Gigaba urged South African taxpayers to “pay to Caesar what is due to Caesar”. This week SARS announced that due to technical glitches, crucial documents filed by employers and taxpayers need to be refiled. It seems Commissioner Tom Moyane’s SARS..
Continue reading…

Enjoyed this post? Share it!

 
 

Eskom, where does all the money go? – This is daylight robbery!

Leave a comment

The average four-person South African household should pay R290 a month for electricity, yet Eskom is charging them roughly R1,200, says a lobby group. Now Eskom is seeking a 20% tariff increase from the National Energy Regulator of South Africa (Nersa). Energy analysts have described Nersa, which starts its public hearings into the proposed tariff..
Continue reading…

Enjoyed this post? Share it!

 
 

Corruption: How The ANC, supported by the World, shapes up against The NP with sanctions

Leave a comment

Whilst it is hardly a fair comparison, given that ANC had the whole world, the mass media and all its money behind them, and NP had all the world and its money and mass media against them, Ed Herbst, using his 49 years of covering the South African story, makes some telling comparisons and observations on..
Continue reading…

Enjoyed this post? Share it!

 
 

Expat Tax: Here’s How New Treasury Plan Could Impact Saffers Abroad

Leave a comment

JOHANNESBURG — The days are looking numbered for foreign employment income tax exemption for South African citizens and residents. National Treasury controversially wants to scrap the exemption which was originally introduced to prevent double taxation of South African residents and citizens working outside the country for more than 183 days. Government is moving quickly on the law..
Continue reading…

Enjoyed this post? Share it!

 
 

Zuma quotes Macbeth, Shakespeare and Mark Antony, but it is a little more than colonial camouflage !!

Leave a comment

On June 16, in front of a crowd of young people in Ventersdorp for Youth Day, President Jacob Zuma turned to unusual material: he quoted from Shakespeare’s Julius Caesar and Macbeth to make a point about self-making. He might not be formally educated — “not a single teacher in South Africa can claim he ever..
Continue reading…

Enjoyed this post? Share it!

 
 

WHITE MONOPOLY CAPITAL NOT THE ENEMY – TREVOR MANUEL QUESTIONS ZUMA’S CAPITAL REMARKS

Leave a comment

Former Minister Trevor Manuel has questioned the logic behind President Jacob Zuma’s views on white monopoly capital. Former Minister Trevor Manuel has questioned the logic behind President Jacob Zuma’s views on white monopoly capital. During a community engagement earlier this week, Zuma emphasised that white monopoly capital is a reality in South Africa. Manuel has..
Continue reading…

Enjoyed this post? Share it!

 
 

Sipho Pityana: ‘Zuma Must Go! South Africa Is Not The Guptas’ Personal ATM’

Leave a comment

“Everything is captured.” More magic available at jerm.co.za. Save South Africa has been one of many civil society bodies at the forefront of fighting state capture and the Zuptas. At a gathering in Johannesburg’s Rhema Church on Tuesday, convenor Sipho Pityana, delivered another scathing attack on Zuma, calling on him to step down. With a multitude of civil society bodies..
Continue reading…

Enjoyed this post? Share it!