Finance Minister Malusi Gigaba has spoken out against what he termed hysteria that has been created around the options government is considering to recapitalise South African Airways (SAA). He was speaking at a briefing at Treasury following a meeting with the steering committee of the CEO Initiative on Friday. He emphasised that government is still..
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Gigaba lashes out against ‘hysteria’ over SAA bailout
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Falling BRICS endanger their citizens’ health, starting with Jacob Zuma.
As he launches the African Regional Centre of the New Development Bank (NDB) in Sandton on Thursday, nearly 18 months behind schedule, Jacob Zuma must have mixed feelings. Strife-riven Brazil, Russia, India and China are more risky allies than Zuma reckoned when in 2010 he accepted Beijing’s invitation to join the club. “I was poisoned..
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SARS feeds Guptas and ANC
A Parliamentary Question from the FF Plus regarding complaints received from the taxpayer (SARS) since the tax ombudsman came into existence indicates that everything is not well in SARS and that this service can become less and less trusted in dispute with Taxpayers themselves. Adv. Anton Alberts, the FF Plus parliamentary spokesman for finance, asked..
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Dlamini-Zuma: Radical economic transformation ‘pro-South Africa not anti-white’ – It is not what your comrades states!
ANC presidential hopeful Nkosazana Dlamini-Zuma has rubbished accusations that calls for radical economic transformation are tantamount to anti-white sentiment. Dlamini-Zuma said the policy of radical economic transformation was in fact “pro-South Africa“. Dlamini-Zuma was speaking on Friday at an event hosted by the Progressive Professionals Forum in Woodmead‚ north of Johannesburg. She advised white people..
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Current climate at SARS is one of fear and loathing
SARS spokesman Luther Lebelo went on Radio 702 on Friday to rubbish media reports and clear up perceptions over SARS and its Commissioner‚ Tom Moyane. Lebelo‚ who becomes increasingly agitated as the interview with Stephen Grootes progresses‚ was vehement in defending Moyane over a trip to Dubai in December 2015 and also speaks about the..
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Gigaba wants to withdraw Treasury’s report on Eskom’s coal supply agreements
Finance Minister Malusi Gigaba has told Parliament the Treasury’s damning report on Eskom’s coal supply agreements with Tegeta Exploration and Resources had been mistakenly marked as “final” and had to be withdrawn. The Treasury sent the report to the standing committee on public accounts, but now said it had not been finalised, according to Gigaba’s..
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You whites will lose everything,’ Malema tells bankers
Success is associated with whiteness, EFF leader Julius Malema said at a Rand Merchant Bank event yesterday. If white people can’t see this, and if they don’t help to solve the country’s problems, they will end up “with nothing”, he added. Malema, who was accompanied by EFF deputy president Floyd Shivambu, told the delegates that..
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Black-owned And Led Institutions Have A Legacy of Corruption – EFF
The Economic Freedom Fighters (EFF) says black-owned and led institutions in South Africa are known for their legacy of nepotism, corruption and kleptocracy. EFF made the assertion while it was celebrating the VSB Mutual Bank decision to shut the Gupta’s business accounts. Earlier this month, it emerged that the VSB Mutual Bank closed the accounts..
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Sars loses bid to appeal ruling on Malema – another setback in legal battle against EFF leader
The South African Revenue Service (Sars) has suffered another setback in its legal battles against Economic Freedom Fighters leader Julius Malema. On Friday Judge Tati Makgoka dismissed the application by Sars for leave to appeal a 2016 judgment that partly favoured Malema. Sars wanted the High Court in Pretoria to rule that former judge Mabel..
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SA’s strategic fuel stock was sold for peanuts admitted new Energy minister
New Energy Minister Mmamoloko Kubayi has admitted that South Africa sold much of its strategic fuel stock last year‚ contradicting her predecessor‚ Tina Joemat-Pettersson. Kubayi told parliament’s portfolio committee on energy on Tuesday that the sale of the oil to a foreign enterprise at the rock-bottom price of $29 a barrel was indeed a sale..
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