Posts tagged with 'government'

 

Pull the generator closer and get those candles ready, Eskom #rollingblackouts will be with us shortly

Posted on Leave a comment

Eskom expressed its disappointment over the decision of the rating agency Moody’s that further downgraded the bankrupt entity of the state.

The Moody’s Investment Service downgraded Eskom from a B2 to a B3, which means the entity has no confidence in consumers or the rating agency.

With the downgrade, Eskom is brought into line with the poor performance of the ANC’s financial standing, and the distrust it creates at international and national level.

So the possibility exists that with the crisis management system, Eskom can once again start applying the load shedding system to alleviate its financial position, but the country will perish because of the impact it will have on the general financial position.

Late yesterday afternoon, Eskom acknowledged that it could reintroduce short notice “because the system is under pressure”, which is believed to be financial pressure.

 
Continue reading…

Share with friends on Social Media (if share buttons do not show below, disable your ad blocker temporarily):

Enjoyed this post? Share it!

 
 

ANC regime’s debt to SA municipalities exceeds R1bn

Posted on Leave a comment

Several millions of Rands debt is outstanding with municipalities across SA – ANC regime debt exceeds R1 billion

The ANC government’s poor performance, especially in the economic and financial sphere, is also highlighted in its inability to settle its debt to municipalities.

The ANC’s Minister of Public Works, De Lille, has acknowledged that the state owes more than R1 billion to municipalities.

The irony is that some of the municipalities were placed under administration while the state did not fulfill its obligations to the municipalities.

There are apparently some of the municipalities that are struggling, partly because the state’s obligations to them are not being met, which leads to unauthorized transactions with the local council.

Unconfirmed reports state that De Lille has liaised with more than 60 municipalities to determine the amounts owed, which is believed to total R1 billion. The other 19
Continue reading…

Share with friends on Social Media (if share buttons do not show below, disable your ad blocker temporarily):

Enjoyed this post? Share it!

 
 

Zuma pretending to be ill to escape jail time like his former friend Schabir Shaik?

Posted on Leave a comment

There are a number of reasons why the former president of the ANC is suddenly ill, and one is that his chances of being released from the bars are diminishing.

This is the opinion of a political analyst in Pretoria after Jacob Zuma’s lawyer informed the Zondo Commission that Zuma could not attend next week’s hearing, “because he will be sick”.

Observers point out that Schabir Shaik’s very good health was also abused to get him out of jail, which may have now given the former president a new plan.

The Zuma camp is fairly widely regarded as a group that understands the art of postponing conviction, because the Commission has confirmed that its testimony will be heard at a later stage – that is, if the man is ever healthy again and, like his old friend, is so ill that he can’t sit in jail.

 
Continue reading…

Share with friends on Social Media (if share buttons do not show below, disable your ad blocker temporarily):

Enjoyed this post? Share it!

 
 

Ramaphose’s dreams on new job creation opportunities are not taken seriously – bigotry and mismanagement go hand in hand amidst the ANC-regime

Posted on Leave a comment

With the announcement of President Cyril Ramaphosa that a new business venture in Pretoria would lead to the creation of 6,700 new jobs, no one really got excited.

Even the credit rating agency didn’t care, because nothing could make the nearly 30 million unemployed cheer as a drop in the bucket.

Of course, there will be substance to gratitude for every new job created, but why the ANC government, and its president, are excited about it, know soberly.

It was not through them that the venture was undertaken, but just as with the rugby victory in Japan, Ramaphosa wants to be seen where success was achieved, as if it was through him.

Over the years, big talk has not helped to determine the future – only thorough knowledge and research, good planning, and subsequent execution of the plan will bring the expected good results with honest and hard work.

The bigotry and endless mismanagement go hand in hand, and both are equally worthless in today’s time of high
Continue reading…

Share with friends on Social Media (if share buttons do not show below, disable your ad blocker temporarily):

Enjoyed this post? Share it!

 
 

Its still theft, no matter what you call it! ANC regime continues land expropriation without compensation policy

Posted on Leave a comment

TAU SA is preparing to assist landowners in expropriation cases without compensation. This follows after the discussions with the ad hoc committee appointed by Parliament to submit proposals on how Art. 25 of the constitution – which deals with expropriation without compensation – must be amended.

“It is clear that the committee’s focus is solely on how the law should be amended, and not what the consequences of the amendments will be,” said Mr. Louis Meintjes, the president of TAU SA. “Any input from stakeholders representing farmers is simply dismissed as irrelevant.”

“It is extremely worrying that aspects such as effects on the economy, investment uncertainty, ratings by credit agencies and most importantly, food security, bear no weight in this process. The only matter of importance is that land should be expropriated despite multiple examples of how it failed because of corruption, ignorance and greed. It is not for the benefit of South Africa. ”
The stea
Continue reading…

Share with friends on Social Media (if share buttons do not show below, disable your ad blocker temporarily):

Enjoyed this post? Share it!

 
 

R100 – that’s how much Soweto residents want to pay Eskom for electricity each month

Posted on Leave a comment

The township is said to owe Eskom R18 billion in unpaid electricity bills.

This week, Lungelo Lethu Human Rights Foundation (LLHRF) is finishing up court papers in a bid to haul Eskom to the South Gauteng High Court over electricity disconnections.

LLHRF’s president King Sibiya said they want an interim court order forcing Eskom to restore electricity to about 250 households.

Sibiya said they also want to force Eskom to get into negotiations with residents over the next 18 to 24 months to discuss a flat rate of R100 for energy consumption. “There are currently about 250 houses without electricity. While the whole area owes Eskom, we think the ones whose electricity has been switched off is more urgent.

“We want to kill the culture of non-payment in Soweto. We can’t divorce ourselves from Eskom. A R100 flat rate from those who haven’t been paying is better than nothing.”

He said the majority of people in the township couldn’t afford to pay for ele
Continue reading…

Share with friends on Social Media (if share buttons do not show below, disable your ad blocker temporarily):

Enjoyed this post? Share it!

 
 

#Whitelife don’t matter! 28 Farm attacks, 3 farm murders in South Africa in October 2019 – A staggering statistic and the government says its not happening

Posted on Leave a comment

During the month of October 2019, there were twenty eight farm attacks and three farm murders, whilst one farm attack was successfully averted in South Africa.

During September 2019, there were forty six farm attacks and seven farm murders, whilst one farm attack was averted. And the authorities continue to to deny the existence of these heinous crimes.

During August 2019, there were 45 farm attacks, 4 farm murders, whilst 6 farm attacks were successfully averted.

During July 2019, there were 39 farm attacks, 4 farm murders and 4 farm attacks were averted.
During the month of June 2019, there were 34 farm attacks and 6 farm murders, whilst 3 farm attacks were averted. And for the period 1 January to the end of May 2019, there were already 184 Farm attacks and 20 farm murders.

A staggering statistic and the government says its not happening!

The information was supplied by The Rome Research Institute Of South Africa

Continue reading…

Share with friends on Social Media (if share buttons do not show below, disable your ad blocker temporarily):

Enjoyed this post? Share it!

 
 

Eskom warns – Be prepared for ‘load shedding at short notice’

Posted on Leave a comment

The struggling utility has been forced to go the expensive route of using water and diesel due to the breakdown of some units.

The “unexpected loss” of some of Eskom’s generation units over the weekend has left the electricity system “severely constrained”, the struggling energy utility said in a statement.

While the statement said load shedding was “not expected”, it also said the “unexpected loss of additional units may result in load shedding at short notice”.

“The system remains vulnerable to a number of variables due to historic factors such as inadequate maintenance as well as ageing of plants.”

The utility said 9,500MW of power was taken out of the grid due to the breakdowns, forcing it to use “emergency resources” – water and diesel – to meet demand.

This follows five days of load shedding in October due to outages at five power generating units.

At a media briefing last week, Minister of Public Enterprises Pravin
Continue reading…

Share with friends on Social Media (if share buttons do not show below, disable your ad blocker temporarily):

Enjoyed this post? Share it!

 
 

The Department of Tourism is setting up a ridiculous trap gate costing taxpayers R4.5 million to promote tourism

Posted on Leave a comment

The Department of Tourism in the Western Transvaal wasted about R4.5 million with a mockery to set up a “funny trap gate”.

As if that wasn’t big enough, another R3.4 million was wasted to erect a fence at Taung Hotel School which was purchased for R6 million.

The Department, which is trying to attract tourism with the waste, has apparently done no advance research to determine what the expected effect of the waste will be.

Now someone is looking for who was responsible for the stupid waste of money that the Department did not have anyway.

The Tourism Department also wants to determine who decided to erect such funny gates without following a proper tender procedure.

Continue reading…

Share with friends on Social Media (if share buttons do not show below, disable your ad blocker temporarily):

Enjoyed this post? Share it!

 
 

SA Investment Conference does not create expectations for a better economy

Posted on Leave a comment

The South African Investment Conference kicks off this week, and is considered by several political observers and financial experts that to much talking is done but nothing is being achieved.

ANC President Cyril Ramaphosa is leading the government’s side to host the second annual meeting held in Sandton.

With a kind of theme of “Accelerate growth through partnerships”, conference delegates will talk and talk for three consecutive days….

Last year, the first conference was held, and nothing came of it that could improve the bankruptcy and junk status of the country.

The Minister of Finance, Mboweni, said the country’s expected growth rate of 1.5% would not be reached, and expects growth of 0.5%.

Continue reading…

Share with friends on Social Media (if share buttons do not show below, disable your ad blocker temporarily):

Enjoyed this post? Share it!