Corruption

 

Brave Suzanne Daniels Exposes How ‘Barefooted’ Ajay Gupta Captured Eskom

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Guptas: Things fall apart In a previous interview he did with Stephen Grootes (which was set up and then buried by now-defunct PR firm Bell Pottinger, only to then be leaked later); Ajay Gupta came across as a lying, incoherent man. However, Ajay’s lack of finesse appears to be his trademark. In Parliament yesterday, Eskom’s suspended head..
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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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Treasury letter – Sassa should not have disqualified Post Office

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A letter by National Treasury to acting South African Social Security Agency (Sassa) CEO Pearl Bhengu says the agency should not have disqualified the South African Post Office (SAPO) from three possible services in the social grants scheme. Treasury was given a week last Wednesday to review all the deal points of the then-collapsing deal..
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Pauw Gets Death Threats Over Zuma Book

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Investigative journalist and author Jacques Pauw.  “If you don’t stop writing about Jacob Zuma‚ you are going to be dead.” That is the message investigative journalist and author of The President’s Keepers‚ Jacques Pauw‚ says he received from an anonymous caller on Monday evening. “I received a call from a private number while I was..
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Take Your Money Out Of South Africa, Says Economist

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“Take your money out of South Africa. This country is in deep trouble.” This is the shattering advice given by Efficient Group’s chief economist Dawie Roodt following the release of the auditor-general’s report on national irregular expenditure. The report showed that irregular expenditure increased 55% since the previous year to R45.6billion and could rise to..
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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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State capture fiasco shows why collaboration is key to tackling global crime networks

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Lord Peter Hain tabled a series of allegations in the UK’s House of Lords relating to the possible role of British banks in alleged money laundering and illicit financial transactions centred around President Jacob Zuma and the Gupta family. The Conversation Africa’s Charles Leonard asked him to explain why he took the step. Hain, who..
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Open Letter To Zuma -Your Vision For This Once Beautiful Country Is A Huge Fat “For Sale” Sign!

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Good day Mr President! Firstly, I know you’re a fucktard, so lets cut the pleasantries and get down to business! This Country is my Country – one that my forefathers built with pride and dignity – something every moral fibre in your being is devoid of! In 1994, I voted for change, the change that..
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February’s Main Budget Could Be A Total ‘Bloodbath’ Judging Gigaba’s Mini-Budget

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The biggest day in Malusi Gigaba’s political career so far was strongly contrasted yesterday by a vehemently negative market reaction. While being honest in his assessment of the state of the South African economy, the Finance Minister provided little hope that he has a plan to halt the bleeding. And as Matthew Lester points out below, if Gigaba remains Finance Minister until..
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Full Junk Status For South Africa Is Inevitable

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While two of the three major rating agencies already have South Africa’s foreign debt ratings in sub-investment grade, finance minister Malusi Gigaba’s bleak budget speech this week practically makes ‘full’ junk for the country an inevitability. As the market and analysts digest the key takeaways from the budget speech, the overarching theme that has emerged..
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