Forex

 

Intelligence Report: Zuma – It is mine and you can’t have it

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President Jacob Zuma has refused to urgently furnish the DA with documents, including the so-called intelligence report, on which he allegedly based his decision to fire former Minister of Finance, Pravin Gordhan and his deputy, Mcebisi Jonas. The DA will next week turn to the High Court in Pretoria in a bid to compel Zuma..
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Nuclear deal ruled as unlawful and unconstitutional: Learn all about the dark secrets of this shady deal

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The Western Cape High Court ruled on Wednesday that the South African government’s nuclear agreements with Russia, Korea and the US were unlawful and unconstitutional. In a landmark ruling, the Court also scrapped the South African government’s decision to buy about eight nuclear power stations — 9600MW of nuclear power. This decision was first gazetted..
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Zuma’s plan to boost the economy is just BEE on steriods

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Long live poverty! Where would the rich be without the poor? More particularly, where would Zuma be? Failure to recognise these questions leads to a too easy dismissal of the ANC’s currently loudest and most persistent war-cry: radical economic transformation. Eusebius McKaiser is hardly alone in rubbishing the term as meaningless. Supposedly without meaning, he..
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Gold Market Update – 25th Apr

LONG TERM TREND                            BEARISHINTERMEDIATE TERM TREND              BEARISHSHORT TERM TREND                          BULLISHVERY SHORT TERM TREND                 BEARISH Gold has again found strong resistance at the long term down trend line around 1290 after a strong rally took the price from below 1200 to a high of 1295 during March and April.  Since..
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SA’s struggling economy faces an uphill

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If South Africa staves off a technical recession in the coming months, it will be a result of events unrelated to the country’s domestic political and policy environment. But economists said the more important question is what happens when the lingering positive effects of a recovery end in certain sectors, such as agriculture and mining…
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Millions to be wasted on President Zuma’s Nkandla homestead

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The South African government is preparing to spend “millions” in taxpayers’ money on President Jacob Zuma’s Nkandla homestead, according to a report by the Sunday Times. The report stated that the Department of Public Works confirmed processes were underway to refurbish the property, repair “shoddy workmanship”, and address security concerns. “While the assessment is not..
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Department of finance is being run by complete morons

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New finance minister Malusi Gigaba’s key advisor over the weekend published an opinion piece advocating for the nationalisation of mines, insurance companies and the banks, leaving Treasury with a PR disaster on Tuesday. Ok look, a bad PR day for some government departments wouldn’t normally cause too much of a ruckus, except if that department..
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R58.8-million to be given to the Zulu king

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The financial affairs of King Goodwill Zwelithini were once again in the spotlight on Tuesday when Premier Willies Mchunu tabled his office’s budget at the KwaZulu-Natal Legislature. The lack of direction of the Royal Household Trust and lack of accountability and state of the monarch’s farms caused some consternation among the ANC and opposition MPLs…
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The Colonial Propaganda Firm Paid By The ANC To Racially Divide South Africa

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“If anyone is left looking gullible and ridiculous by these revelations it is the ANC’s Western liberal supporters and apologists.” – James Myburgh Some conspiracy theories are actually conspiracy facts and truly mind blowing. For instance… Last Wednesday the controversial UK based Public Relations (read propaganda) firm Bell Pottinger, disassociated itself from the Gupta family. Bell..
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The Secret Balloting System might come back and bite us.

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This past week, as another large protest against corruption and the rule of President Jacob Zuma took place at the Union Buildings in Pretoria, it was hard not to compare it with the gathering at Kliptown in Soweto that Zuma himself presided over on the same day. It was the president’s 75th birthday, among other..
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