The Untouchables in a Gangster’s Paradise? Is it reasonable or ethical to make use of companies that do not consider themselves to be held accountable, for their actions in any private or public enterprise? While Big Tech has become seemingly untouchable, even from the US Supreme Court or Whitehouse, the same culture of supremacy, greed, lack of accountability, lack of transparency, and lack of responsibility seems to have created and sustained an environment in South Africa where IT negligence is acceptable, and lack of accountability is the norm, even when it comes to government institutions, contracts and tenders.
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Has Corporate SA Been Infected by ANC Corruption, Greed & Negligence? Dimension Data NTT Case Study
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#Gupta 2.0 – Harith, New Owner of SAA Set up by Mbeki Ramaphosa Faction Using Government Pension Funds?
Did anyone ask us? When connecting the dots, as Pravin Gordhan instructed, it seems the privatisation of SAA is yet another plunder scam by the ANC mafia. Harith, the new owner of SAA, was setup by the Mbeki and Ramaphosa faction of the ANC, possibly using funds belonging to the Government Employee’s Pension Fund (PIC). Just like when multi billionaire Oligarchs were created after the fall of the USSR, by funneling state public assets into private crony pockets. the privatization of SAA is just a massive ploy, designed to capture SAA for businessmen connected to Ramaphosa’s faction of the ANC! Was SAA deliberately bankrupted to enable this plunder of our assets?
Takatso consists of Harith General Partners, a 100% black owned company, and Global Aviation. Takatso will allegedly invest R
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Just in SA – Power tariffs increase, municipalities do not pay
Eskom has tried to explain their request for a tariff increase of almost 20 percent to Nersa, but it seems that several municipalities simply do not pay for Eskom services. Direct consumers of Eskom Power, such as farmers and industries, will be severely affected by the requested tariff increase. Now it appears that Eskom does..
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ESKOM FACING CASHFLOW TROUBLE – THEN STOP SPENDING MONEY ON BONUSES
Eskom spokesman Khulu Phasiwe said the firm’s sales growth had been muted while its operating cost was very high and its tariff for the current financial year was low. South Africa’s scandal-plagued power utility Eskom said on Monday it was not insolvent but was facing serious liquidity issues and would be in “trouble” if the..
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BLSA tells Eskom: ‘You remain suspended’
Business Leadership SA on Monday reiterated the suspension of Eskom from the organisation. BLSA said it is holding high-level discussions with Eskom’s acting CEO‚ Sean Maritz‚ regarding serious allegations of corruption and state capture that had led to the suspension of the power utility from the organisation. “The first of these meetings was held on..
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Eskom wants to give Molefe R11-million golden handshake
Public Enterprises Minister Lynne Brown this week quashed yet another bid by Eskom’s board to pay former CEO Brian Molefe a multimillion-rand golden handshake. The request to pay Molefe a settlement of R11.2-million was made to Brown by interim board chairman Zethembe Khoza. It came just months after the minister rejected an initial bid to..
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Falling BRICS endanger their citizens’ health, starting with Jacob Zuma.
As he launches the African Regional Centre of the New Development Bank (NDB) in Sandton on Thursday, nearly 18 months behind schedule, Jacob Zuma must have mixed feelings. Strife-riven Brazil, Russia, India and China are more risky allies than Zuma reckoned when in 2010 he accepted Beijing’s invitation to join the club. “I was poisoned..
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Gigaba wants to withdraw Treasury’s report on Eskom’s coal supply agreements
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..
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Nuclear deal ruled as unlawful and unconstitutional: Learn all about the dark secrets of this shady deal
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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