Eskom spokesman Khulu Phasiwe said the firm’s sales growth had been muted while its operating cost was very high and its tariff for the current financial year was low. South Africa’s scandal-plagued power utility Eskom said on Monday it was not insolvent but was facing serious liquidity issues and would be in “trouble” if the..
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ESKOM FACING CASHFLOW TROUBLE – THEN STOP SPENDING MONEY ON BONUSES
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Treasury senior official calls it quits as Zuma takeover looms
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Michael Sachs, the head of the budgeting office at the national treasury, has reportedly resigned because of interference in its budgeting process by the presidency. The Business Day newspaper reported on Monday morning that “a joint team from the treasury and the Office of the president” are searching for R40-billion in expenditure cuts from the..
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How you will pay for Zuma’s free education plan
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The government is considering drastic budget cuts to fund free higher education, including cutting social grants, freezing the roll-out of RDP houses and increasing taxes. With the country facing an unpre-cedented R50.8‑billion revenue hole, a treasury document has been put before President Jacob Zuma by the presidential fiscal committee, outlining possible areas where budgets could..
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Zuma’s Mask Slips All The Way As He Shows How Far He’s Willing To Go
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Jacob Zuma drops soil onto the grave of veteran journalist Zwelakhe Sisulu at the West Park Cemetery in Johannesburg. Sisulu was imprisoned during apartheid for voicing opposition to the National Party. The coordinated, yet clumsy and moronic, attempt through the weekend by the State Security Agency and SA Revenue Service to stop distribution of Jacques..
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Charges Laid Against ‘President’s Keepers’ Author Jacques Pauw
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Move comes after repeated threats from State Security Agency Veteran journalist Jacques Pauw, the author of The President’s Keepers, leaves the eNCA offices in Hyde Park, Johannesburg, this week. Gauteng provincial police spokesman Col Lungelo Dlamini has told TimesLIVE that criminal charges have been opened against investigative journalist Jacques Pauw. TimesLIVE understands the charges against Pauw, author of..
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Brave Suzanne Daniels Exposes How ‘Barefooted’ Ajay Gupta Captured Eskom
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Guptas: Things fall apart In a previous interview he did with Stephen Grootes (which was set up and then buried by now-defunct PR firm Bell Pottinger, only to then be leaked later); Ajay Gupta came across as a lying, incoherent man. However, Ajay’s lack of finesse appears to be his trademark. In Parliament yesterday, Eskom’s suspended head..
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The Brothers Who Bought South Africa – Explosive Expose
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Excerpts from Bloomberg Publishing’s 6,000 Word Expose Yesterday was the worst day in what has already been a rotten year for the crony capitalist Gupta family. It started with Bloomberg publishing a 6,000 word expose’ targeted at the news giant’s massive global audience. Its title – The Brothers Who Bought South Africa – provides a taste..
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How you will pay for Zuma’s free education plan
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The government is considering drastic budget cuts to fund free higher education, including cutting social grants, freezing the roll-out of RDP houses and increasing taxes. With the country facing an unpre-cedented R50.8‑billion revenue hole, a treasury document has been put before President Jacob Zuma by the presidential fiscal committee, outlining possible areas where budgets could..
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Kasrils: ‘Jacob Zuma Is Dangerous‚ Deceitful And Has Betrayed His Country’
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So says the Jew who supported the ANC, Malema, Mbeki and Zuma together with FW de Klerk – to trash South Africa Former intelligence minister Ronnie Kasrils has labelled Jacob Zuma a dangerous disgrace who has betrayed the country and its people‚ and who will stop at nothing to eliminate criticism. Discussing his latest book‚ A..
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Pauw Gets Death Threats Over Zuma Book
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Investigative journalist and author Jacques Pauw. “If you don’t stop writing about Jacob Zuma‚ you are going to be dead.” That is the message investigative journalist and author of The President’s Keepers‚ Jacques Pauw‚ says he received from an anonymous caller on Monday evening. “I received a call from a private number while I was..
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