ANC Regime

 

What is going to happen to our Economy now … Zuma tells Communist Party Gordhan is out

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Johannesburg – South African President Jacob Zuma told senior leaders of the South African Communist Party that he plans to fire Finance Minister Pravin Gordhan, according to three people with knowledge of the matter. The rand plummeted. Zuma told officials from the party, which is allied to his ruling African National Congress, during a meeting..
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Zuma pull out his guns – N24

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President Jacob Zuma took a strong stand at this weekend’s national executive committee (NEC) meeting in Irene in Gauteng, defending his position on the issue of land expropriation without compensation, and challenging his critics to read the ANC’s 2012 conference resolutions if they disagreed with his views. City Press heard that Zuma had “set the..
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Open Letter: White South Africa Faces Adapt Or Die Moment As ANC Talks Up Radical Economic Transformation

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Facing the next key fight for his political future, acornered President Jacob Zuma has this year decided to notch up rhetoric on ‘radical economic transformation‘. As part of this call and amid the Zuptoids’ growing use of terminology such as ‘white monopoly capital’, Zuma recently sparked further scares in the local and international investment communities..
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Racism will soon be a crime punishable by law

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Jacob Zuma claims that the ideology of racism remained firmly entrenched among some population groups. Practising racism and racial intolerance will soon be an offence punishable by law in South Africa, according to President Zuma. Addressing a small but very enthusiastic crowd at Victoria Grounds in King William’s Town, Eastern Cape, to mark Human Rights Day, Zuma..
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Leaked Letters Reveal ‘SARS Wars’ Showdown Between Gordhan And Moyane

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Leaked letters between SARS head Tom Moyane and finance minister Pravin Gordhan reveal a complete breakdown in the relationship between the two finance heads. In one letter, leaked to and republished by the Mail & Guardian, Gordhan lambasted Moyane for approving his own salary increase for the 2015/16 financial year. In the letter to Moyane,..
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New Tax Tables For 2017: This Is How Much You Will Pay

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Following the announcement of new tax changes for the 2017/18 financial year by finance minister Pravin Gordhan, the country’s tax tables have been updated. One of the biggest changes announced by the finance minister is the introduction of a new tax bracket, aimed at the country’s wealthy. South Africans who earn more than R1.5 million..
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Replacing South Africa’s finance minister, or his deputy, would carry a heavy cost

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Many see the decision by South Africa’s governing African National Congress (ANC) to send the disgraced former CEO of the power utility Eskom to parliament as the precursor to another attack on the National Treasury and to remove finance minister Pravin Gordhan. The decision to give Brian Molefe a seat in the country’s parliament has..
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SAA to remain under intense government oversight – Gordhan – Budget 2017

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SAA will remain under intense government oversight, Finance Minister Pravin Gordhan said in his report contained in National Treasury’s 2017 Budget Review, which he tabled in Parliament on Wednesday. Referring to recommendations made by the Select and Standing Committees on Finance on the 2016 Revised Fiscal Framework, Gordhan said the committees recommend that National Treasury..
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Gordhan ups social spending and squeezes the rich

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Despite trying circumstances, Finance Minister Pravin Gordhan announced on Wednesday that the budget introduces new tax measures that target the rich and that social spending is prioritised to favour the poor. In his highly anticipated budget speech, Gordhan announced a new top personal income tax rate of 45% for those with taxable incomes of more..
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Conspiracy, disinformation and Zuma-Gordhan fight loom over budget

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A year after President Jacob Zuma began feuding with his Finance Minister Pravin Gordhan over control of the nation’s purse strings, the conflict appears to be coming to a head. When he presents his annual budget in Parliament on Wednesday, Gordhan will seek to keep state spending in check and fend off a junk credit..
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