The Untouchables in a Gangster’s Paradise? Is it reasonable or ethical to make use of companies that do not consider themselves to be held accountable, for their actions in any private or public enterprise? While globalist Big Tech like Facebook, Twitter, Youtube, Google, and Instagram has become seemingly untouchable, even from the US Supreme Court or Whitehouse, the same culture of supremacy, greed, lack of accountability, lack of transparency, and lack of responsibility seems to have created and sustained an environment in South Africa where IT negligence is acceptable, and lack of accountability is the norm, even when it comes to government institutions, contracts and tenders.
Is Corporate SA Infected by ANC Corruption, Greed & Negligence? Dimension Data NTT Case Study
Communism FAILS Again! Another ANC BEE Milk Farm Collective Ends in Disaster, Despite (or Because?) R43 Million of Our Taxes Being Given To Them!
Hundreds of cows dying from neglect has been termed “a challenge” by the MEC for Agriculture in the Eastern Cape, Nonkqubela Pieters. What normal people would call animal abuse, the socialists (sociopaths?) call a challenge? It is becoming patently clear that Ramaphosa’s “our people” simply cannot, or do not want to farm, they just want the cash handouts and free stuff that comes with all these disastrous virtue seeking schemes. The milk farm financed by the state to the tune of R43 million, as a much publicised empowerment project for “our people”, has collapsed in the Eastern Cape, leaving most of the cows dead and not much going on besides the odd sickly cow wandering about.
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Zuma’s Nkandla is Nothing Compared To Ramaphosa’s Pension Grab! Transnet Pension Debacle 2.0 Will Impoverish Twice More Blacks Than Whites & Will Encourage More Eskom Corruption!
#PensionCapture – As certain as we were told by mainstream media that there were WMD’s in Iraq, Ramaphosa’s proposed pension plunder will also be propagandised into appearing as a good idea by the establishment, who will frogmarch South Africa into allowing them to steal from the many, to give to themselves and their cronies. There are also two silent partners pushing this scheme, namely the banksters, who stand to make serious commissions, and also rescue their bad loans to a bankrupt Eskom, and possibly extend this plunder to other bankrupt parastatals (who they also lent money for), once they have pried open the door to SA’s last pot of gold, and then of course there is the ANC’s ever present shoulder parrot, the South African Communist Party, who is never far.
One of the Establishment’s complicit yesmen, News24’s Editor, Adriaan Basson, wrote an article which appeared in Naspers’ left wing News24, in which h
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Transnet wasted almost R50 billion, most of which is used to buy trains that cannot be used in SA
State-owned entities are currently under considerable pressure and there is doubt as to how many of them have the ability to continue without the necessary financial assistance.
This is the opinion of Auditor-General Kimi Makwetu, who last week released a national and provincial auditor’s report for the period 2028-2019 in Cape Town.
He says there are weaknesses in the performance of many entities and the roughly 14 state-run institutions that are heavily subsidized by the state and the ANC government apparently did not contribute much to improving their results.
The 14 institutions also spent R1.4bn on illegal spending, and may be further investigated with further investigations.
Denel, the SABC, SA Express shipping company, and the SA Forestry Company are some of the biggest offenders of wrongful expenses incurred.
With Transnet wasting nearly R50bn, the bulk of which has been used to buy trains that cannot be used in SA, a
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14 SOEs rack up more than R1.4 billion in irregular expenditure
Auditor General (AG) Kimi Makwetu said not one of the 14 big state-owned entities (SOEs) audited by his office received a clean audit, a poorer outcome than last year.
Makwetu was revealing the results of the national and provincial audits for the past financial year at Parliament on Wednesday. He said the financial health of SOEs remained under significant pressure with doubts about whether they could continue operating without further financial help from the government.
Makwetu said the 14 SOEs notched up R1.4 billion in irregular expenditure but warned this figure could rise as four of them – Denel, the SABC, SA Express and the SA Forestry Company could not make full disclosure on this.
Meanwhile, irregular expenditure racked up by Transnet (R49.9 billion) and Eskom (R6.6 billion), who have private auditors, amounted to R57 billion.
“The SA Post Office, for example, has slipped back to a qualified opinion and the Development Bank o
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