Posts tagged with 'government'

 

Cash strapped Eskom wants another R27bn from consumers – Could this be the reason why SA is experiencing #Rollingblackouts? To manipulate us into giving them what they want?

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In its latest application to the energy regulator, the power utility is claiming this as an underrecovery for 2018/19, meaning tariffs may rise by 16.6% next year

Eskom, which last week again saw a collapse of its power network that led to nationwide load shedding, wants consumers to cough up a further R27 billion for electricity.

The national energy regulator Nersa has published Eskom’s latest application for public comment.

In it, the power utility said this was the amount that it underrecovered in 2018/19, and that it therefore wanted R27 billion more through power tariffs.

Although Eskom suggested that whatever Nersa granted should be added to electricity tariffs next year and the year thereafter, Nersa’s decision will likely be too late to influence 2020 tariff increases.

However, if Eskom receives the full R27.2 billion that it wants, and it is implemented over two years, this could see electricity tariffs in 2021 increase by 11.38% instead of
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SAA’S business rescue position – Bankrupt SOE will be restructured,no further bailouts to be handed out – Are their wings finally cut?

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Minister Pravin Gordhan’s stance at a board meeting of the bankrupt SA Airways has sent shock waves, the councilors as well as the shipping company’s worker are totally stunned by the so-called “business rescue position” that will be exercised without any delay.

The minister also confirmed in a statement that the board of the airlines has now adopted a resolution this cash strapped entity will be restructured, and that the government can no longer provide financial assistance.

Experts point out that this is the last effort to keep the state-owned entity standing(SOE), saying SAA’s life could drastically be shortened if they do not retrench about 1,000 redundant workers, and freezing salary adjustments for the next two years.

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Taxpayers funds ANC government failures – the country is suffering while ANC cadres live in splendor

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“The goose that lays the golden eggs and who has to pay for the ANC’s failures – the taxpayer – can no longer,” says Wouter Wessels, FF Plus MP and chief spokesperson for finance.

“It is also not necessary for anyone to attend the Standing Committee on Budgets to see that the country is in big trouble because of the ANC’s wrong priorities over 25 years. The ANC has allowed public enterprises, departments and all levels of government being looted without any consequences whatsoever.

“The ANC itself admits the problems arose because of a lack of ability. This deficit is the ANC’s own making as the wrong people were appointed over 25 years, people who were not interested in working.”

“The adjustment budget is aimed at cutting spending, but it’s already too late for that.

An example of the ANC’s wastage is how Jackson Mthembu, the ANC’s then MEC for roads and transport in Mpumalanga, said in 1997 that the purchase of BMW cars for his provincial department was i
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ANC regime has driven SA to junk status – GDP drops by 0.6% in 3rd quarter – SA is going to struggle to get rid of its economic crisis

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The financial decline that continues in South Africa has given the business sector reason to become more concerned about future business activities in most business areas.

Gross Domestic Product (GDP) declined by 0.6% in the third quarter of 2019, according to the Statistics Service’s report.

Calculated on a year-to-year basis, this is seen as a downturn that the economy has now stagnated, thereby having serious consequences for job creation.

The government hoped for a 1.5% growth rate, but economists warned that the target could not be achieved if sufficient new jobs were not created.

South Africa is now in a junk status phase, and although Moody’s is the only rating agency still trying to hide it, it’s clear that in the next decade the country will struggle to get rid of its economic crisis.

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Largest and busiest police station in Free State in dire condition – Once again proof that the current government cannot maintain the country’s infrastructure

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The Park Road police station located in the Free State, Bloemfontein is by far the busiest and largest police station in the province. Unfortunately, the ANC regime allowed this building to operate without the necessary amenities, it was demolished halfway and had to operate without holding cells for more than a year.

Since the building is inoperative, approximately 50 detainees who have to appear in courts must be transported daily under police supervision to and from neighbouring detention cells situated in Bainsvlei, Bot-shabelo and Petrusburg.

Renovation work at the Park Road police station began in November 2017 after a R73 million contract was awarded to Soaring Summit Development, but according to Public Works Minister Patricia de Lille, the company failed to meet the timeframes and expectations. Their contract came to and end on August 2 this year.

However, according to reports from Network 24, the construction has ceased about a year ago. George Micha
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Debt ridden Eskom shutting down power plants it can’t afford to fix and increasing the risk of #rollingblackouts- We can thank the incompetent ANC-regime for this!

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Eskom has permanently shut down several power generation units at older power stations due to its inability to fix them, the Sunday Times reports.

This decision has cut the power utility’s available electrical capacity to meet demand, which may increase the risk of load-shedding going forward.

Eskom said that the old power generation units at Hendrina, Grootvlei, and Komati which have been taken offline are not included in the utility’s current generation capacity of 46,000MW, despite not being formally decommissioned.

After shutting down older power plants, Eskom said it planned to resolve the problems at its newest Medupi and Kusile power stations, which have cost the company a significant amount while producing disappointing results.
Massive debt

Despite posting a R1.3-billion profit in the six months through September 2019, Eskom anticipates a R20-billion loss for the full year.

Eskom’s debt burden rose to R454 billion, from R440 billion at th
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ANC wants to speed up expropriation process during Christmas holiday season

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The process to amend section 25 of the Constitution in order to fast-track expropriation without compensation suddenly gathered speed on Tuesday when a draft bill to amend the Constitution was tabled by the parliamentary legal services.

The Constitution Eighteenth Amendment Bill was tabled at a sitting of the ad hoc committee tasked with amending the Constitution.

This first bite at the wording of the constitutional amendment states that when the state and the land owner cannot agree on the price to be paid, a country may – where land and any improvements thereon are expropriated for the purposes of land reform – determine that the amount of compensation is nil.

Parliamentary legal services furthermore proposed inclusion of a section which requires national legislation to set out specific circumstances where a court may determine that the amount of compensation is nil.

The draft bill does not delete any part of the Constitution, but adds to it, meaning
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Huge water crisis looming in Greater Pretoria area – several black residential areas, including squatter camps in the area can be left without water

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The Pretoria municipality calls on residents to use water sparingly to avoid an enormous crisis.

The city’s storage tanks reached dangerously low levels due to high demand during the heat wave, which lasted several days.

According to the government’s Twitter message, which only reaches about 60% of residents, residents are urged not to waste water.

Some areas are already experiencing water supply disruptions, but the municipality is failing to communicate effectively with all residents, nor does it have a sound plan of action to penalize offenders who use water poorly without appropriate measures.

The water level of the Garsfontein storage tank, which is the largest and situated in the central distribution point, has dropped drastically due to high demand.

The Garsfontein storage tank struggles to maintain the 45% level, and was below the 40% level as demand at the Koedoesnek and Elarduspark tanks continued to surge.

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The perils of being white in South Africa – The slaughter continues but it is being ignored by the world

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At the end of September an article was published on South Africa Today with factual information about murders on the white community in the month of September 2019 in South Africa. The title of the article was “Slaughter in September. Ignored by the world”.

It was published in the belief that the white minority in South Africa faces a continuing slow war and genocide against them. Genocide is defined as ” the deliberate killing of a large group of people, especially those of a particular nation or ethnic group.” This would of course be by another race or ethnic group. In South Africa we do have that situation but it has been spread out over decades now, with mainstream media playing it down. It’s clear there is a problem, that is why hundreds of thousands of whites have left these shores to other countries all over the world. It is especially the children of the white community fleeing in droves now. Why would this be, if there is no slow genocide?

Here
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ANC’s failed Medupi not only poorly erected, but also poses great dangers to man, animal and environment due to toxic gases released

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The Madupi power plant approved by the ANC regime to be erected is not only an economic disaster, but also poses the danger of harming human lives.

The power plant is not only poorly erected but took years to be finalized and still cannot deliver its full capacity.

Madupi was constructed differently from the conventional power plants, and is described as the “new dry-cooled” coal power station.

When the power station is complete and at full capacity, it will be the world’s largest “dry-cooled” power station.

Economists and environmental experts have already warned that doing 2020 off the country’s biggest coal power plant could lead to serious financial as well as climate disasters still seen in SA.

Experts say Madupi will become one of the country’s biggest dangers to people and the environment with its poisonous gases being emitted, and will also be the largest entity in terms of air and environmental pollution that will endanger thousands of peopl
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