SA News

 

Zuma’s plan to boost the economy is just BEE on steriods

Leave a comment

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..
Continue reading…

Enjoyed this post? Share it!

 
 

SA’s struggling economy faces an uphill

Leave a comment

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…
Continue reading…

Enjoyed this post? Share it!

 
 

Millions to be wasted on President Zuma’s Nkandla homestead

Leave a comment

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..
Continue reading…

Enjoyed this post? Share it!

 
 

Department of finance is being run by complete morons

Leave a comment

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..
Continue reading…

Enjoyed this post? Share it!

 
 

R58.8-million to be given to the Zulu king

Leave a comment

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…
Continue reading…

Enjoyed this post? Share it!

 
 

The Secret Balloting System might come back and bite us.

Leave a comment

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..
Continue reading…

Enjoyed this post? Share it!

 
 

White people who own land in SA – bought it or negotiated for it !!

Leave a comment

The general assumption that land was stolen from black people is not correct, this is according to Congress of the People (Cope) leader Mosiuoa Lekota. Speaking on Talk Radio 702 on Monday, Lekota said that white people who own land in South Africa bought it following negotiations which saw the introduction of title deeds. “This..
Continue reading…

Enjoyed this post? Share it!

 
 

Trevor Manuel wants oath-breaking Zuma to resign

Leave a comment

Trevor Manuel is the highest profile ANC leader yet to call on President Jacob Zuma to resign. A politician since 1981 and South Africa’s highly respected Minister of Finance from 1996 to 2009, he served presidencies of Nelson Mandela, Thabo Mbeki and Kgalema Motlanthe. Manuel chaired the National Development Plan and during the First Zuma..
Continue reading…

Enjoyed this post? Share it!

 
 

Not only whites eager to escape South Africa

Leave a comment

There has been a notable increase in the number of people looking to emigrate from South Africa following the economic and political events of this past week. This is according to immigration consultant, Chris Watters, who spoke to 702’s Abongile Nzelenzele. “On average we may receive a couple of inquiries a week whereas this week..
Continue reading…

Enjoyed this post? Share it!

 
 

Food Prices my rise due to Radical Economic Transformation

Leave a comment

The fact that the new finance minister appears quite indifferent about the country’s newly acquired junk status, and the fact that President Zuma did not want to talk about it, is shocking. It shows an absolute indifference to the fate of consumers and the poor of the country, said the president of TAU SA, Mr…
Continue reading…

Enjoyed this post? Share it!