Surely companies that defend a failure to maintain vital IT systems, should not be allowed anywhere near government contracts to support systems serving the people of South Africa? In fact, they should not be allowed any systems at all, but particularly government systems that could be infiltrated such as SARS, IEC, Home Affairs, EVDS, Eskom etc. especially given that SA Court systems are already insecure as SA-News recently reported.
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Coincidence? High Court Rules in Favour of IS / Dimension Data, Both of Whom Failed to Keep Crucial IT Software Updated!
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Decolonised Zimbabwe Begging Neighbours for Electricity to Stop Daily 12 Hour Blackouts!
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Like in South Africa, where the simple maintenance and upkeep of a fully functioning infrastructure seems to be a challenge to African regimes, Zimbabwe who was once a powerhouse in Southern Africa, has been reduced to asking its neighbours to commission new power plants to supply Zimbabwe, as it seems it cannot even commission its own power plants anymore.
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Hypocritical Jeweller Tiffany & Co Uses “Blood Diamond” from Kimberley in “Woke” Campaign with Beyoncé – Immediately Gets Accused of Theft!
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“Give it back to South Africa” - Beyoncé and Tiffany & Co are accused of using a “stolen blood diamond” in their advertising campaign. This story not only exposes the ignorance in the world about South Africa’s history, but more and more, large multinational companies that became rich from colonialism, yet who constantly blame white South Africans, are caught out when they try to hide behind blacks to cover up their sins, and try cover their enormous profits from colonialism in innocence.
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Emigration Tax? ANC Regime to Charge Emigrating South Africans an Additional “Exit Tax” on Retirement Funds!
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In the National Treasury’s latest published Draft Tax Bills, which incorporates the tax proposals made in the 2021 Budget, the amendment proposes a particularly worrying amendment which may upend taxpayers’ carefully planned retirement. The Draft Taxation Laws Amendment Bill (TLAB) proposes an additional “exit tax” to tax retirement fund interests of individuals when they cease South African tax residency. This proposed amendment, due to come into operation on 1 March 2022, would be a further blow to emigrating South Africans wanting to cease their tax residency
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New fears on the horizon
China’s previously announced tariff on US products came into effect yesterday with more than 120 US products being affected.
The introduction of the 15% tariff could spark fresh fears of a trade war amongst global markets. On the topic of 15%, yesterday also saw the increase of VAT and with fuel levies set to………
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Z-Day has arrived for Rand!
The countdown has begun as Zuma’s days as President appear to be numbered with the ANC NEC meeting later today.
After the long wait and numerous speculation “Patience” is still key. USD/ZAR opens below 12/$ as EM Markets remain strong regardless of the volatility in global stock markets.
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