Government is pushing ahead with the introduction of a new all-embracing pension fund. But with trust between government and other social partners at an all time low, there are concerns that such a fund could be open to political abuse. The National Social Security Fund will combine all existing pension funds, public and private into..
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Government pushes ahead with new pension fund
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SASSA IRREGULAR EXPENDITURE GROWS TO R1.4 BILLION
In Sassa’s latest financial statements tabled in Parliament on Friday, the Auditor General says the agency did not take effective steps to prevent the irregular expenditure. The Auditor General has deemed the R43 million spent by the South Africa Social Security Agency (Sassa) on so-called work streams to have been irregular. In Sassa’s latest financial..
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National Treasury captured by Finance Minister Gigaba?
Officials in the Treasury accused the finance minister, Malusi Gigaba, of hijacking the treasury by running a parallel administration. This he did by appointing about 20 confidants in his office. In this public attack on Gigaba, it is claimed that he decided to delay a forensic investigation into Eskom contracts with Tegata. The allegation also..
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What is the ANC learning from the private sector
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
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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As the ANC crumbles, it’s time to choose
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.
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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Squabbles dim DA’s hope of 2019 win
Worsening relations between the Democratic Alliance and smaller opposition parties are threatening the party’s hopes of assuming power nationally in 2019 by forming a coalition government. On Tuesday, when the DA brought a motion to dissolve Parliament, its opposition allies would not support it. The smaller opposition parties accused the DA of being arrogant for..
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Cyril Ramaphosa’s leaked emails: Echoes of apartheid-era dirty tricks
A routine smear. This is the view of the overwhelming majority of commentators and analysts about last weekend’s “revelations” in the Sunday Independent that Deputy President Cyril Ramaphosa was a serial womaniser. The commentariat can expect more such smears. They will come against more than one candidate running for the presidency of the governing ANC..
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Malema lying about ‘personalised invitation’ to Magaqa’s funeral – KZN ANCYL
The ANCYL in KwaZulu-Natal has accused EFF leader Julius Malema of “being a person of such low character”, after “he lied about being personally invited” to attend the funeral of former ANCYL secretary general Sindiso Magaqa. Provincial secretary Thanduxolo Sabelo on Wednesday said he had only made a comment as a gesture on Monday during..
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