Posts tagged with 'Jeff Radebe'

 

ANC Using #Covid19SA to Justify Plans to “Discipline Private Sector”, Nationalise Pensions & Plunder Central Bank Reserves in “Radical Transformation”!

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THE STATE CAPTURE TO END ALL CAPTURES: True to their word, the ANC’s Ramaphosa and Nkosazana Dlamini Zuma (NDZ) are using the extended CCP-virus lockdown, as a cover to propose changes to the Pension law in order to grab pensions for massive redistribution of wealth, and tender fraud on a scale never seen before! Né Cyril? We should have known. The ANC is coming for your pensions with it’s promised radical transformation, turning the country into a fully communist, totalitarian and fascist black supremacist hellhole. In short they are throwing more wood under the pot in which they are slowly boiling the white minority frogs. Lots and lots of wood. 

A new concept document by the ANC’s head of economic transformation, Enoch Godongwana, states that the ANC wants to use pension money and the reserves of the Reserve Bank, to build a so called “open economy” post CCP-virus pandemic. Open for looting yes! The concept document was submitted to the ANC’s national executive
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The South African Nuclear Energy Corporation (Necsa) board are being replaced, will the new members approve nuclear deals??

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General financial misconduct, not adhering to shareholder instructions and repetitive legislative non-compliance are among a litany of challenges which lead to the government replacing the South African Nuclear Energy Corporation (Necsa) board.

Energy Minister Jeff Radebe said the challenges at the organisation were so severe that the ministry was left with no option but dissolve the board. The challenges, he said, had continued to hover and were not addressed, despite repeated calls.

The governance issues raised by the minister included:
– repetitive instances of legislative non-compliance
– non-adherence to specific shareholder instructions and/or directives
– financial mismanagement
– remuneration irregularities
– unauthorised international travel

He also accused the board of issuing misleading, inaccurate and/or defamatory media statements on a number of matters sen
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Rolling Blackouts in South Africa Because Treasonous ANC Regime Sells Best Coal To China and Uses Proceeds Elsewhere?

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Despite, (or thanks to Billions in foreign investment in Eskom), 7.2 Million tons of SA’s best coal is destined for China from Richards Bay Harbor while South Africans suffer under rolling blackouts. 36 Chinese ships are waiting for coal to be loaded in Richards Bay Harbour. Each ship takes about 36 hours to be loaded with 200,000 tons of coal per ship average. The coal is Grade A anthracite.

According to the source, Eskom has huge stockpiles of coal and they are lying because they want that 15% increase in electricity tariffs. Is the shortage real or not? This would explain the back and forth with excuses for the blackouts

BEHIND THE ROLLING BLACKOUTS (“LOAD SHEDDING”)

12 July 2018 – Ramaphosa together with Jeff Radebe and Patrice Motsepe goes to Saudi Arabia and the Saudis invest $10 billion in Eskom.

24 July 2018 – Eskom signs a R33 billion loan with China Development Bank.

4 Nov
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