A screenshot of Jacob Zuma taking a nap during Malusi Gigaba’s mini-budget speech has gone viral. Gigaba delivered his “maiden” budget speech on Wednesday – and the forecast was pretty grim. But if you’re hoping that President Jacob Zuma was going to zoom in to try and boost the confidence of consumers and investors, you’re..
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The only thing falling faster than the Rand is the Presidents eyelids: Zuma caught napping during Gigaba’s mini budget speech
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FeesMustFall protests descend into chaos in Cape Town
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A third wave of #FeesMustFall protests has been marred by violence, as the demonstration marched its way to Parliament. The students are demanding the release of the fees commission report, which details funding of tertiary education. These protesters have made a slashing of tuition fees their main issue to raise, on the day Finance Minister..
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BLSA tells Eskom: ‘You remain suspended’
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Business Leadership SA on Monday reiterated the suspension of Eskom from the organisation. BLSA said it is holding high-level discussions with Eskom’s acting CEO‚ Sean Maritz‚ regarding serious allegations of corruption and state capture that had led to the suspension of the power utility from the organisation. “The first of these meetings was held on..
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DA’s Hellen Zille is a follower of George Soros
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And just look at who, 10 years ago, acknowledged that she served on George Soros’s advice for the Open Society Foundation! Insights into Helen Zille’s background and her philosophy. Moneweb: Here in South Africa the Open Society Foundation was founded By George Sores, who’s well know in financial circles. But you also played a quite..
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Sars’ brand diminished by unskilled staff
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For every step in the right direction, Sars manages to tumble down two. The Tax Ombud is slowly gaining ground in assisting taxpayers in resolving their tax differences with Sars. Unfortunately, these “tax differences” are frequently of Sars’ making, and as Sars slips further behind in the revenue target, so can we expect an exponential..
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Former Eskom CEO approved R66-million deal that benefited his sister – No end to corruption
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Former Eskom acting CEO Matshela Koko has been found to have “personally signed off on a deviation order that allowed his stepdaughter’s company Impulse International, to score a R66m deal from Eskom without going out to tender.” Business Day reported on Thursday that they had obtained a copy of a confidential “sole source justification” memo…
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Dudu Myeni finaly fired as SAA chair
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Dudu Myeni has been removed from the board of South African Airways in what could be a range of changes made to the leadership of the embattled airline. The Mail & Guardian understands that Myeni will be replaced by businessperson JB Magwaza who has been appointed as the new board chairperson. It appears that members..
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Road users will pay steep licence fee from next year
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The Justice Project South Africa has called on Transport Minister Joe Maswanganyi to justify, or at the very least explain, the 71 percent increase in eNaTIS vehicle licence fees for 2018. Earlier in October Maswangani announced that as from 1 February 2018, an amount of R72 (an increase of R30) would be added to the..
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Government pushes ahead with new pension fund
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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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Foster grants system is about to collapse – Bathabile Dlamini’s next national embarrassment?
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The department of social development may find itself in a similar situation with foster care grants as it did earlier in 2017 when it missed the Constitutional Court’s deadline to take over the payment of social grants. According to GroundUp, thousands of foster care placement orders will expire on December 31, which means that the..
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