Posts tagged with 'privatisation'

 

ANC Government Begs for Private Investors to Pay for Transnet Extensions at “World’s Worst” Durban Harbor

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Despite being named one of the worst ports in the world, and shortly after an entire container of ammunition disappeared from secure lockup in Durban harbor during recent riots, Transnet Port Terminals plans to create a “super terminal” in Durban, enabling the port to handle very large vessels, and hopefully improve the efficiency of the port after its dismal rating earlier this year. Seems the ANC wants to put private investors’ money at stake and at risk of plunder, because it is not being privatised.

Transnet is looking for private investors with investments worth R100 billion, to work with them for the expansion of the Durban port. Public Enterprises Minister Pravin Gordhan told reporters on Monday that if everything worked out well, it would significantly increase the capacity of the Durban port. It will then be able to process almost 60% of the container traffic in and out of SA.

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#Gupta 2.0 – Harith, New Owner of SAA Set up by Mbeki Ramaphosa Faction Using Government Pension Funds?

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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?

The minister of Public Enterprises, Pravin Gordhan, announced on Friday 11 June that a consortium called Takatso will acquire SAA and will own 51% in it.

Takatso consists of Harith General Partners, a 100% black owned company, and Global Aviation. Takatso will allegedly invest R
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Eskom’s prior request for tariff hike slammed: Eskom’s stage 4 load shedding is a direct attempt to sabotage, and blackmail SA – Ordinary citizens are becoming the scapegoat to foot the bill of its complete and utter failures and lack of planning

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The South African Communist Party says Eskom’s management is rolling out massive blackouts in an attempt to blackmail South Africans to accept privatisation of the power utility.

Eskom resumed with loadshedding for the first time this year on Sunday.

Power cuts continued yesterday and Tuesday after a failure of generating units.

“The management of Eskom, in the manner that they are rolling out these blackouts, is trying to blackmail us so we must accept whatever should befall Eskom. We should not be blackmailed into that. That’s why we believe that these blackouts can be avoided,” SACP first deputy general secretary Solly Mapaila stated.

Mapaila said one of reasons given by Eskom for load shedding was low stocks of diesel.

“Why can’t they procure enough diesel on time? It is all of those things that I think are just unacceptable. The reasons why there were blackouts and so forth were issues of leadership incompetence. W
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