Business Leadership South Africa on Thursday booted out state-owned entities Eskom and Transnet for their involvement in corruption and state capture with immediate effect. The announcement comes as BLSA launched its #BusinessBelieves campaign in Cape Town, where it signed a “contract” with South Africa, pledging to do even more to create jobs and grow and..
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Business Leadership South Africa suspends Eskom and Transnet
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Cabinet expresses confidence in new SAA board
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Newly appointed Communications Minister Mmamoloko Kubayi says Cabinet is happy with the appointment of a new board at South African Airways. Yesterday Finance Minister Malusi Gigaba announced the axing of former SAA board chairperson Dudu Myeni, who has now been replaced by Johannes Bhekumuzi Magawaza. Anglo American board chairperson Nolitha Fakude has been appointed as..
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UK to probe European banks linked to SA state capture
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A complaint about European banks who may be involved in the illicit financial flows of state capture in South Africa has been forwarded to two law enforcement agencies in the United Kingdom, leaving these banks open to investigation and prosecution. The Chancellor of the Exchequer Philip Hammond forwarded a message about banks based in the..
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SOUTH AFRICA: The Naked Hypocritical Curse Of The ‘Majority Rule’
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WARNING – GRAPHIC CONTENT – NOT FOR SENSITIVE VIEWERS! SOUTH AFRICA is ostensibly a country whose controllers exercise the worst kind of naked racism and discrimination in order to stay in power. South Africa is also furthermore a country with the most vindictive, cruel and racist black population on earth, who refuse to obey any..
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What is the ANC learning from the private sector
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Within the past few days, former president Kgalema Motlanthe said it would be good if the ANC was voted out of office (good for the ANC, that is), the outspoken MP Makhosi Khoza resigned from Parliament and from the ANC, and the Bank of Baroda won a court case to allow it to stop being..
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Makhosi Khoza leaves ANC to join anti-corruption organisation
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Makhozi Khoza has just announced that she is revoking her ANC membership to join the “the new anti-corruption movement of society and faith-based organisations”. Khoza made the announcement at a press briefing on Thursday at Lilliesleaf, Johannesburg. In a long, emotional speech she said that the ANC had become filled with corrupt leaders. “I have..
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Scopa to call KPMG to parliament over SARS ‘rogue unit’ retraction
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Parliament’s standing committee on public accounts (Sopa) will call KPMG to appear before parliament to account on its conduct regarding the SA Revenue Service (SARS) ‘rogue unit’ report and the subsequent withdrawal of some parts of this report, it said in a statement on Monday. Scopa’s ANC study group whip Mnyamezeli Booi said: “KPMG must..
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Moyane clings to existence of so-called ‘rogue unit’ despite KPMG confession
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Sars commissioner Tom Moyane has insisted that there is evidence to support the notion of a so-called “rogue unit” in Sars, despite a blow from auditing firm KPMG which withdrew its findings on the unit. Moyane announced in a press briefing on Monday that the South African Revenue Service is now pursuing legal action against..
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As the ANC crumbles, it’s time to choose
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The majority of South Africans, especially black people, are seriously disillusioned. They believe they have been abandoned at sea by their trusted captain. The problem is that black people had bought into the propaganda that the ANC was ordained to rule “until Jesus Christ comes back”. It is now more than clear to all thinking..
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Public protector vows to ‘set the record straight’ on Reserve Bank allegations.
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Public protector Busisiwe Mkhwebane will file court papers to “set the record straight” in response to an affidavit submitted by the South African Reserve Bank (Sarb) on Monday which alleges Mkhwebane plotted with the presidency and the State Security Agency (SSA) to change the constitutional mandate of the bank. Cleopatra Mosana, the spokesperson for the..
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