Posts tagged with 'South Africa'

 

Officer investigated for fraud was nominated for trip to France

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Instead of suspending a high-ranking police officer who is under investigation for fraud, the police wanted to send her on a trip to France. The Portfolio Committee on Police on Wednesday took a dim view when acting head of crime intelligence Major General King Bhoyi Ngcobo – who has been described in the press as..
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Just in SA – Power tariffs increase, municipalities do not pay

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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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Zackie Achmat: SA is on the verge of ‘chaos’ – Yes we know that already!

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We must accept we are in an extremely dangerous situation where, unless we do something, we will create the moment of chaos.” This is the warning to South Africa from 55-year-old anti-apartheid activist and acclaimed Treatment Action Campaign (TAC) co-founder Zackie Achmat. “Everyone I know, all of us just hope Cyril [Ramaphosa] will win [the..
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ESKOM FACING CASHFLOW TROUBLE – THEN STOP SPENDING MONEY ON BONUSES

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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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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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SARS desperate – goes after taxpayer who owes R0.49

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SARS is getting desperate after suffering huge shortfalls, and is now auditing a large portion of taxpayers who need to receive refunds. This is according to the Rapport newspaper, which spoke to tax practitioners about changes at the revenue service. According to the newspaper, more salary earners are subjected to audits – while SARS takes..
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SANRAL SCRAPS E-TOLL DEBT OF R3.6BN

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Sanral says it will write off R3.6 billion for the current financial year but will continue attempts to recover unpaid e-tolls by taking defaulters to court. The South African National Roads Agency Limited (Sanral) has confirmed it will be scrapping debt of more than R3 billion in unpaid e-tolls. Sanral says it will write off..
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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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Zuma will make an 85% profit on his Nkandla home after repaying the state R7.8m

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NEWS ANALYSIS: President Jacob Zuma has until the end of August to repay the state R7.8-million for taxpayer-funded improvements to his Nkandla home. But, ironically, that amount represents – conservatively – an 85% profit for Zuma. Combining the findings of the treasury with a 2014 report by the Special Investigating Unit (SIU) shows that the..
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Cabinet Ministers set for 4% pay rise as reward for tanking the economy

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Unfortunately, it’s not April Fool’s Day. We are deadly serious when we tell you that political heavyweights who’ve overseen a slump in the South African economy are set to receive a 4% pay rise. In a year of recession, junk-status and a declared tax shortfall of R50bn, it seems like our top brass have found..
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